BOSTON () - Liberty Mutual Insurance is ranked No. We believe that progress occurs when people feel safe. Liberty Mutual's approach to giving and our most recent nonprofit partnerships. Our latest corporate awards in the areas of philanthropy, ESG, DEI, talent and technology Quarterly financial reporting and earnings In addition to corporate donations, Liberty Mutual fulfilled its purpose of helping people embrace the present and confidently pursue tomorrow through public advocacy, advancing diversity, equity and inclusion initiatives, investing in employee well-being, and more.
The Civic 50 survey is administered by True Impact and consists of quantitative and multiple-choice questions that inform the grading process. The Civic 50 is the only survey and ranking system that exclusively measures corporate participation in communities. By providing protection for the unexpected and providing it with care, we help people to embrace the present and to pursue tomorrow with confidence. We employ more than 47,000 people in 29 countries and economies around the world.
We offer a wide range of insurance products and services, including personal cars, homeowners, specialty lines, reinsurance, commercial multiple-risk, workers' compensation, commercial automobiles, general liability, surety and commercial properties. At Liberty Mutual, we believe that progress happens when people feel safe and being there for people when they need us most is what we've been doing for more than a century. Liberty Mutual was formed in 1912 as the Massachusetts Employee Insurance Association (MEIA), following the passage of a 1911 Massachusetts law requiring employers to protect their employees with workers' compensation insurance. In 2002, the company adopted its current structure of mutual companies, which would allow it to offer shares while remaining an investment company.
These products carry the Liberty Mutual Insurance and Sfeco brands, and are distributed through a network of more than 2,300 sales professionals. The name was changed in 1917 to Liberty Mutual Insurance Company and, through partnerships, the company began offering full-coverage auto policies. Taking advantage of the greater flexibility of the structure of mutual holding companies, Liberty Mutual went from being a single-line and highly regional insurer to one of the world's leading property and accident insurance companies. Founded in 1954, the Liberty Mutual Research Institute for Safety studied the occupational safety and health of workers.
The institute's findings are the basis for the safety programs, recommendations and software used by Liberty Mutual's loss control consultants to help policyholders improve worker safety. In addition to corporate donations, Liberty Mutual fulfilled its purpose of helping people embrace the present and pursue tomorrow with confidence through public advocacy, advancing diversity, equity and inclusion initiatives, investing in employee well-being, and more. Passenger car insurance, homeowners insurance, life insurance, annuities and other property and accident products are available through Liberty Mutual's US Consumer Markets line. Companies like Liberty Mutual are at the forefront and are setting an example of how you can harness the talent, business models and assets of your employees to generate a profound impact that drives transformative change.
Liberty Mutual settled the lawsuit in December 2001, which required additional disclosure and limited some compensation to company officers and directors. In the United States, Liberty Mutual is still an investment company in which policyholders who have insurance contracts are considered shareholders of the company. In 1964, Liberty Mutual Insurance Company began offering life insurance through its Liberty Life Assurance branch. However, the Liberty Mutual Group brand usually operates as an independent entity outside the United States, where a subsidiary is often created in countries where the benefits of legally recognized mutual companies cannot be enjoyed.
Liberty Mutual Group owns, in whole or in part, local insurance companies in Argentina, Brazil, Chile, China (including Hong Kong), Colombia, Ecuador, India, Ireland, Malaysia, Poland, Portugal, Singapore, Spain, Thailand, Turkey, United Kingdom, Venezuela and Vietnam. Liberty Mutual Group is a diversified global American insurer and the sixth largest property and accident insurer in the United States. .