Tag: Liberty Mutual lawsuit

Liberty Mutual vs. Mars: Who Picks Up the Tab for Risky Marketing?

Angela Linders
Liberty Mutual vs. Mars

Liberty Mutual Drops Lawsuit Against Mars Over Ultra-Processed Food Marketing Case Liberty Mutual Insurance Co. has closed the file on its case against candy giant Mars Inc., leaving questions around insurance coverage for controversial marketing practices unresolved. This voluntary dismissal, filed in the U.S. District Court for the Eastern District of Virginia, has brought an abrupt end to a legal clash that raised eyebrows in both the insurance and food industries. The crux of the matter? Whether Liberty Mutual should have to cover Mars’s legal defense in a lawsuit accusing…

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Liberty Mutual Lawsuit Raises Alarming Questions for California Homeowners

Live Insurance News
Liberty Mutual Lawsuit

Southern California Homeowner Challenges Liberty Mutual Over Policy Cancellation A Poway homeowner, Maria Badin, has filed a lawsuit against Liberty Mutual Insurance Co., alleging unjust cancellation of her long-standing home insurance policy. This legal battle may have significant implications not only for Badin but also for many other Californians facing similar situations. Allegations of Misconduct by Insurance Companies Maria Badin, a Liberty Mutual customer since 1993, claims her policy was abruptly nonrenewed after an aerial inspection reportedly identified “algae, mildew, mold, or moss” on her roof. However, upon hiring an…

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Goldman Sachs sued by Liberty Mutual regarding losses from Freddie Mac investments

Investment banker Goldman Sachs & Co. was the target of a lawsuit by Liberty Mutual Insurance Co. and a number of its subsidiaries, for “making materially misleading statements and omissions” in November 2007, for Freddie Mac preferred stock offerings.  According to the lawsuit which was filed at a Massachusetts U. S. District Court, Liberty Mutual and its subsidiaries – Employers of Wausau, Safeco, Liberty Life, and Peerless – had made investments of $37.5 million within the Freddie Mac (Federal Home Loan Mortgage Corp) Series Z offering, which was made up…

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