Mutual

Liberty Mutual Group Renews Sponsorship of Boston Pops Fourth of July Concert on the Esplanade

July 6th, 2009

Boston-based Liberty Mutual Group today announced that it would continue its sponsorship of the Boston Pops Fourth of July Concert on the Esplanade through 2012, which coincides with the company’s 100th anniversary. The multi-year sponsorship agreement with Boston 4 Productions, the company that produces the event, totals approximately $7 million.
Headquartered in Boston since its inception [...]

Liberty Mutual Debuts Online ‘Driver Seat Game’ to Give Perspective on Senior Driving Challenges

June 18th, 2009

Liberty Mutual, the eighth largest car and home insurer in the U.S., today launched its online “Driver Seat Game,” a flash-based video game that will allow players of all ages to experience first-hand the physical and cognitive limitations that older drivers may experience while operating a motor vehicle. The goal of the game — found [...]

Northwestern Mutual is One of the ‘Best Places to Work in IT’

June 17th, 2009

Northwestern Mutual that the company is one of the top workplaces for information technology (IT) professionals for the fourth year in a row. IDG’s Computerworld, the leading source of technology news and information for IT influencers worldwide, included Northwestern Mutual in its annual Best Places to Work in IT survey, which was published in the [...]

Arvizu Elected to State Farm Mutual(R) Board of Directors

June 9th, 2009

Dan Arvizu, Director of the U.S. Department of Energy’s National Renewable Energy Laboratory, has been elected to the board of directors of State Farm Mutual Automobile Insurance Co.
Arvizu succeeds Jerry Porras, Professor Emeritus at Stanford University’s Graduate School of Business. Porras is retiring from the board, which he joined in 1998.
Arvizu has headed NREL, the [...]

Britannia Members Back Super-Mutual Merger With The Co-operative Financial Services

May 30th, 2009

Britannia members overwhelmingly endorse plans to merge with The Co-operative Financial Services (CFS) to create new super-mutual.
New business will be the most diversified customer-owned enterprise in
UK financial services, providing ethical alternative to banks
– Strong strategic and cultural fit between the [...]

The Children’s Mutual and Bounty Announce Arrival of New Child Trust Fund Partnership

February 11th, 2009

The Children’s Mutual leading provider and home of the Child Trust Fund, and Bounty, the UK’s favourite parenting club have joined forces.
Bounty has selected The Children’s Mutual to provide its members with information on the Child Trust Fund (CTF) and the opportunity to open their children’s accounts with the company.
With a combined heritage of over [...]

Missouri Employers Mutual Insurance in Production with Guidewire ClaimCenter

February 11th, 2009

Missouri Employers Mutual Insurance (MEM), Missouri’s largest workers’ compensation insurer, and Guidewire Software®, a leading global provider of solutions to property/casualty insurers, today announced that MEM has fully deployed Guidewire ClaimCenter® as its new claims management system. ClaimCenter is now in use by MEM’s 95-person claims handling team and has fully replaced the company’s internally [...]

EMC Insurance Group Inc. Comments on Financial Ratio Information Released by Its Parent Company, Employers Mutual Casualty Company

February 5th, 2009

Employers Mutual Casualty Company (Employers Mutual), the parent company of EMC Insurance Group Inc. announced to its employees that the statutory combined trade ratio of the EMC Insurance Companies for the year ended December 31, 2008 was 109.8 percent. This announcement was made in conjunction with a company-wide disclosure of the results of Employers Mutual’s [...]

Texas Mutual Gains Legal Ground in Oklahoma, Tennessee Cases

January 23rd, 2009

Texas Mutual Insurance Company has secured legal victories in two workers’ compensation cases that originated in Oklahoma and Tennessee.
On Jan. 16, 2009, Texas Mutual Insurance received a favorable ruling from U.S. Magistrate Andy Austin. This case involves a worker who was injured in Texas but sought benefits in the Oklahoma Workers’ Compensation Court, which ultimately [...]

Regions Reaches Transaction Agreement with Pioneer Investment Management, Inc. onCertain Assets of its Mutual Fund Management Business

January 23rd, 2009

Regions Financial Corporation announced that it has reached a transaction agreement with Pioneer Investment Management, Inc. concerning certain assets associated with Regions’ remaining mutual fund management business, subject to fund shareholder approvals. If all approvals are received, eleven RMK Select Funds with approximately $2 billion in assets under management will be reorganized into mutual [...]