According to Liberty Mutual, it regularly assesses its market positions, and during that process it was determined that the BOP product was not meeting its business objectives. Credit: User54871/Wikicommons According to Liberty Mutual, it regularly assesses its market positions, and during the process it was determined that the BOP product was not meeting its business objectives. Credit: User54871/Wikicommons

Liberty Mutual Insurance is pulling its business owners policies (BOP) line of business out of California as it will stop writing new policies and plans to not renew existing coverages.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]