TITLE

Liberty Mutual Buys Safeco, Widens Reach to West Coast

AUTHOR(S)
Hemenway, Chad
PUB. DATE
June 2008
SOURCE
Best's Review;Jun2008, Vol. 109 Issue 2, p101
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the acquisition of Safeco Corp. by the Liberty Mutual Group. It is inferred that the purchase, which amounted to $6.2 billion, was the result of the soft market's condition. Company president Gary Gregg mentions how the acquisition affects the standing of the Liberty Mutual Group among U.S. property/casualty insurers.
ACCESSION #
32712346

 

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