Liberty Mutual to Phase Out 8 Regional Insurance Brands

Liberty Mutual Insurance announced it is planning to retire its regional brands in 2013 to focus on the more recognizable Liberty Mutual brand.

“We’re retiring the brand names of our eight commercial lines regional companies that sell exclusively through independent agents so we can use the Liberty Mutual Insurance brand name in all markets,” Liberty Mutual Insurance spokesperson Chris Goetcheus told Insurance Journal. Read more..
(Ref: Insurance Journal, Jan 10, 2013)

Kobylowski Confirmed as N.J. Commissioner of Banking and Insurance

Kenneth Kobylowski, who has been serving as acting commissioner of New Jersey Department of Banking and Insurance for the past one year, was recently confirmed by the State Senate to be the new commissioner. Kobylowski has been serving as the acting commissioner since February 2012 when then-commissioner Tom Considine left the post to become the chief operating officer of MagnaCare, a health plan management company. Read more..

(Ref: Insurance Journal, Jan 3, 2013)