Liberty Mutual buys Ohio Casualty. A good thing?

by jason » Mon May 07, 2007 05:00 pm
Posts: 3
Joined: 07 May 2007

Hello all. In case you haven't heard:

insurancenewsnet.com/article.asp?n=1&neID=200705073600.3_34ce002d0f1eb371

online.wsj.com/article/SB117854189428294404.html?mod=googlenews_wsj

I'm an Ohio Casualty Agent and we do quite well with them. I don't really know much about or understand this Agency Markets program. Is this a good thing? A competitor here in town has Indiana Insurance, and they do pretty well. But I wonder if this is going to be the death of my contract with OC, or a positive?

Thanks!
Jason

[Link deactivated as per forum rules]

Total Comments: 5

Posted: Wed May 09, 2007 06:03 am Post Subject:

Hi Jason
We are unable to access these links. Please provide us with valid links. Once we get the valid links we will answer your question.

Posted: Thu May 10, 2007 03:18 am Post Subject:

Liberty Mutual is not a bad company. It will prob not change to much of what you are doing. If you could get those links up so we could read the articles that would be great.

Posted: Thu May 10, 2007 03:37 pm Post Subject:

Hmm... sorry about that.

http://www.insurancejournal.com/news/national/2007/05/07/79471.htm

and

http://online.wsj.com/article/SB117854189428294404.html?mod=rss_whats_news_us_business

Hopefully will work. I don't know why my pasted links got so chopped up like above.

We listened to the Ohio Casualty teleconference, and it was very typical. "Win/Win", "excited on both sides", "great move", etc... who knows what will happen. Time will tell!

Thanks!
Jason

links deactivated as per forum rules, thanks

Posted: Mon May 14, 2007 02:20 am Post Subject:

I wish you good luck with it.

Posted: Wed Jun 13, 2007 05:57 pm Post Subject:

I am sure in the short run, you will not notice much of a change. However, keep in mind that Liberty Mutual also markets direct and Ohio Casualty was committed to using only independent agents. Peerless was also purchased by Liberty Mutual, so you can look a little in the past to see how that change is going.

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