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LMIC |
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In 2001 and 2002, the Company formed a mutual holding company structure, whereby the three principal mutual insurance companies, LMIC, Liberty Mutual Fire Insurance Company ("LMFIC") and Employers Insurance Company of Wausau ("EICOW"), each became separate stock insurance companies under the ownership of Liberty Mutual Holding Company. As part of its recent review, Fitch has assigned ratings to certain members of the Liberty Mutual Group that cede 100 percent of their underwriting results to members of LMIC Pool or Peerless Pool (see full rating list below). The initial launch of the LMIC Advantage branded program features a personal checking account with a no annual fee Visa[R] Check Card that can be used for ATM withdrawals and debit transactions, free access to online Bill Payment & Presentment, online account statements, unlimited check writing, and rebates for all domestic ATM surcharge fees. |
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