Boston College Law School has announced a $3.1 million gift from Liberty Mutual Group to establish the Liberty Mutual Insurance Professorship in property and casualty insurance law.
The gift, to be paid over the next four years, represents the largest in the 79-year history of Boston College Law School. It will be used to hire a distinguished teacher and legal scholar with expertise in the field of property and casualty insurance.
Boston College Law School Dean John H. Garvey said part of the pledge consists of $3 million to endow the Liberty Mutual Insurance Professorship, and $100,000 to endow the Liberty Mutual Prize, an annual monetary reward for the best article published in a law review on property and casualty insurance law, regulation, or governance.
“By establishing [the] professorship, we hope to foster a better understanding within the legal community of the critical role property and casualty insurance plays in the broader economy,” said Edmund F. Kelly, Liberty Mutual chairman, president, and CEO. “[This] partnership makes sense, given our mutual histories as venerable institutions with Boston roots dating back decades.”
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