October 25, 2016 3:29 PM ET


Company Overview of Liberty Mutual Group, Inc.

Company Overview

Liberty Mutual Group, Inc., through its subsidiaries, provides insurance products and services for individuals, families, and businesses. It offers personal insurance for private passenger automobiles, homeowners, and other property and casualty insurance products; life insurance and annuities, and term and permanent life insurance products and services; and specialty and commercial insurance products, including casualty, marine, construction, energy, directors and officers, trade credit, professional liability, aviation, property, and crisis management. The company also provides property and casualty insurance products and services that include business owner’s policy and packages, commerci...

175 Berkeley Street

Boston, MA 02116

United States

Founded in 2001





Key Executives for Liberty Mutual Group, Inc.

Chairman, Chief Executive Officer and President
Age: 55
Executive Vice President and Chief Financial Officer
Age: 57
President of Business Insurance
Executive Vice President and Chief Investment Officer
Executive Vice President and Chief Information Officer
Compensation as of Fiscal Year 2016.

Liberty Mutual Group, Inc. Key Developments

Liberty Mutual Group To Raise Stake In Liberty Videocon General Insurance

Liberty Mutual Group, Inc. is set to buy 31% stake in Liberty Videocon General Insurance Company Limited from Videocon Industries Ltd. (BSE:511389). Videocon Group Chairman V N Dhoot said this was a part the group's plan to unlock value in some of its businesses, including insurance and energy investments across the world.

Progressive Loses Appeal in Telematics Lawsuit against Liberty Mutual

Progressive Corp. lost its appeal in a lawsuit against Liberty Mutual Group Inc. over the validity of some of Progressive's usage-based insurance patents. Progressive claimed that Liberty, Allstate Corp.'s Allstate Insurance Co., State Farm Mutual Automobile Insurance Co. and the Hartford Financial Services Group Inc. unit Hartford Fire Insurance Co. infringed on patents related to online customer experience, insurance telematics, and driving scores that support Progressive's Snapshot program. The claims were consolidated into the one lawsuit against Liberty Mutual, which challenged the validity of Progressive's patents and won in March 2014. The U.S. Court of Appeals for the Federal Circuit upheld the outcome.

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