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Liberty Mutual created a 2006 television commercial depicting people doing good for others, reporting that the "overwhelming" positive response led to its decision to create the website The Responsibility Project. [18] Liberty Mutual is the sole corporate sponsor of the long-running PBS documentary series American Experience.
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
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Liberty General Insurance was started in 2013 as Liberty Videocon General Insurance, a joint venture between Liberty Mutual and Videocon Group. [2] In March 2018, Videocon sold its 51.3% stake in the venture to a combination of DP Jindal (26%) and Enam Securities (25.3%), [3] and the company was renamed Liberty General Insurance Limited.
David H. Long (born 1961 in Liverpool) is an American and British businessman who was the CEO and chairman of Liberty Mutual Insurance Group until his retirement at the end of 2022. In September 2014 the Obama administration announced its intention to appoint Long to be a member of the Advisory Committee for Trade Policy and Negotiations.
[6] [7] [8] Washington Mutual's WM Life Insurance Company was purchased the same year. In 1999, Safeco bought R.F. Bailey (Underwriting Agencies) Limited of London. [9] In 2001, new management was brought in to restructure the company. Commercial credit operations were sold to GE Capital in August 2001. [10]
1959 Farmers Mutual entered the computer age with the RAMAC 305. 1961 American Standard began sales. 1962 Company began to offer farm owners insurance. 1963 Policyholders gave final approval to change the company's name to American Family Mutual Insurance Company. 1969 American Family Financial Services opened. 1975 Commercial Lines was introduced.
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