Liberty Mutual Insurance recently declared a dividend for the businesses participating in the Associated Oregon Loggers Dividend Plan based, in part, on favorable loss experience.
March 3, 2015 - The nearly $380,000 dividend is five percent of premiums earned and applies to Associated Oregon Loggers Dividend Plan members who were policyholders from June 1, 2012 to May 31, 2013. In 1992, Liberty Mutual began offering the Dividend Plan to Associated Oregon Loggers members. Since then, the total dividend earned for the group auto and liability program is nearly $2.7 million. Liberty Mutual has been supporting the insurance needs of Oregon loggers with specialized claims personnel and risk control services for more than fifty years.
“Our members continue to benefit from our long-standing relationship with Liberty Mutual through its coverage options, expert resources, and another dividend this year. Liberty Mutual understands the logging industry and Associated Oregon Loggers is proud to offer this program to our members,” said Associated Oregon Loggers Executive Vice President Jim Gelsinger.
To learn more about how this Liberty Mutual group insurance program can help protect your business, contact program manager Matthew Howell at 503-646-6401 or Matthew.Howell@LibertyMutual.com or locate a Liberty Mutual appointed independent agent in Oregon at www.libertymutualgroup.com/business.
About Liberty Mutual Insurance
Liberty Mutual Insurance helps people preserve and protect what they earn, build, own and cherish. Keeping this promise means we are there when our policyholders throughout the world need us most.
In business since 1912, and headquartered in Boston, Mass., today Liberty Mutual is a diversified insurer with operations in 30 countries around the world. The company is the third largest property and casualty insurer in the U.S. based on 2013 direct premium written as reported by the National Association of Insurance Commissioners.
Liberty Mutual is ranked 76th on the Fortune 100 list of largest corporations in the U.S. based on 2013 revenue. As of December 31, 2013, Liberty Mutual Insurance had $121.2 billion in consolidated assets, $102.2 billion in consolidated liabilities, and $38.5 billion in annual consolidated revenue.
Liberty employs more than 50,000 people in approximately 900 offices throughout the world, and offers a wide range of insurance products and services, including personal automobile, homeowners, accident & health, commercial automobile, general liability, property, surety, workers compensation, group disability, group life, specialty lines, reinsurance, individual life and annuity products. You can learn more by visiting www.libertymutualinsurance.com.
Contact:
Christopher Goetcheus
774-279-5923
christopher.goetcheus@libertymutual.com
