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Liberty Mutual was founded in 1912 as the Massachusetts Employees Insurance Association (MEIA), following the passage of a 1911 Massachusetts law requiring employers to protect their employees with workers’ compensation insurance. [14]
Rank Company Country Total assets (US$ Billion) 1 Allianz Germany 1,247.2 2 Berkshire Hathaway United States 958.8 3 Prudential Financial United States 937.6 4 Ping An Insurance
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.
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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Glassdoor is an American website where current and former employees anonymously review companies, operated by the company of the same name. [1]In 2018, the company was acquired by the Japanese Recruit Holdings (Owner of Indeed) for US$1.2 billion, and it continues to operate as an independent subsidiary.
TruStage is the insurance arm of TruStage Financial Group, which is rated "A" (Excellent; 3rd highest out of 16 possible ratings) by credit rating agency A.M. Best as of February 2017. [ 11 ] TruStage Financial Group first registered the TruStage brand trademark in 2010, and it was first used commercially in 2013. [ 12 ]
Liberty Health Oxford Mutual Insurance Company 1878 2016 Merged with North Waterloo Farmers Mutual to form Heartland Farm Mutual Pictou County Farmers Mutual Fire Insurance Company 1904 2016 Merged into Kings Mutual Puslinch Mutual Fire Insurance Company 1859 1968 Merged with Eramosa Mutual and Halton Mutual to form Halwell Mutual.
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