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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.
550 Broad Street is an office building in downtown Newark, New Jersey between the Newark Light Rail stations at Washington Park and Atlantic Street.. The Brutalist style building was built in 1966 during the New Newark era by the Mutual Benefit Life Insurance Company and the George A. Fuller Company and was once known as the Fidelity Union Building, after the company which occupied it. [7]
The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents.
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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In September 2008, the company was acquired by Liberty Mutual Insurance for $6.2 billion in cash. [23] In February 2010, Safeco donated more than 800 pieces of its art collection, valued at $3.5 million, to a consortium of museums, the Washington Art Consortium. [24]
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.
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