March 05, 2018
A California federal judge granted final approval Friday to Liberty Mutual's agreement to add about $30 million of additional retirement benefits to retirees' plan, settling Employee Retirement Income Security Act claims the insurer misled employees about how time spent at an acquired company would factor into their retirement benefits.
October 19, 2015
Liberty Mutual Insurance saved $50 million by tricking about 1,100 workers into thinking they would get retirement benefits based on years of service to a company Liberty later acquired, their attorney told the Ninth Circuit on Monday, saying a district judge erred in throwing out their certified class action.
April 26, 2011
Liberty Mutual Group Inc. lost its bid Monday to strip claims from a putative class action in California accusing the insurer of wrongfully denying former employees retirement benefits for the time they spent with a previously acquired company.