Insurance Change to Leave Jobs in Wausau Liberty Mutual Plans to Drop Iconic Brand

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Liberty Mutual Group's plan to do away with the Wausau Insurance brand name and change how Liberty sells insurance to midsize businesses will have a "minimal" impact on 1,400 local jobs, a company spokesman said Friday.

The Boston-based insurer announced Thursday it has created a new unit called Liberty Mutual Middle Market that will distribute commercial property and casualty insurance through brokers and agents instead of directly -- a method it said business customers prefer.

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Insurance Change to Leave Jobs in Wausau Liberty Mutual Plans to Drop Iconic Brand

As part of that transition, the company said three firms -- Arthur J. Gallagher & Co., Hub International and ...

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