Thursday, March 01, 2007

Liberty Mutual Insurance

Liberty Mutual Group Reports Fourth Quarter 2006 Results

My friend and fellow Georgia lawyer Mike Neff posted the news that Liberty Mutual Group (“LMG”) reported net income of $455 million and $1.626 billion for the three and twelve months ended December 31, 2006, respectively, an increase of $202 million and $599 million over the same periods in 2005.

Seems like LMG is doing rather well. Crisis? What crisis?