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The Honolulu Advertiser
Updated at 3:42 p.m., Thursday, January 22, 2009

Liberty Mutual sells Hawaii insurance distribution operation

Advertiser Staff

Liberty Mutual Group Inc. said it was selling its distribution of commercial property and casualty insurance for mid-sized businesses in Hawai'i as it switches over to sales through agents and brokers.

It said it was selling policy renewal rights for Hawai'i and 10 other states to Chicago-based Hub International Ltd., which is extending offers to hire many of the sales and service staff who support the policies.

Liberty Mutual also said it was retiring the Wausau brand and creating a new unit, Liberty Mutual Middle Market to better serve the property and casualty insurance and risk management needs of mid-sized businesses.