Portland, OR - July 2, 2012 – The Liberty Northwest Board of Directors recently declared a five percent dividend for businesses participating in the Oregon Restaurant and Lodging Association (ORLA) Safety Group Dividend Property & Liability Program.
The nearly $170 thousand dividend is five percent of premiums earned and applies to ORLA members who were policyholders from October 1, 2010 to October 1, 2011. In 1999, Liberty Northwest began offering the Safety Group Dividend Property and Liability Program to ORLA members. Since then, the total dividend earned for the group property and liability program exceeds $1.5 million.
For more than 28 years, Liberty Northwest has partnered with the association to offer exclusive, industry-specific business insurance programs to members – total program savings now exceed $90 million.
“Oregon Restaurant and Lodging Association members have benefited from a wide range of coverage options, expert resources, special credits and another dividend this year,” said ORLA President and Chief Executive Officer Steve McCoid. “Liberty Northwest understands the hospitality industry and ORLA is proud to offer its programs to our members.”
To learn more about how Liberty Northwest’s group insurance programs can help protect businesses, contact Ms. Denise Moore, Liberty Northwest’s Association Programs Director at 800-275-5600, ext. 7897328 or e-mail her at denise.moore@libertynorthwest.com.
About Liberty Northwest
Liberty Northwest (www.libertynorthwest.com) is a leading commercial lines property and casualty insurer with offices throughout the Northwest. Founded in 1983, Portland-based Liberty Northwest distinguishes itself through exceptional customer service, building strong partnerships, and serving the community.
Liberty Northwest is part of Liberty Mutual Agency Corporation, a business unit of Liberty Mutual Insurance, consisting of property and casualty and specialty insurance carriers that distribute their products and services primarily through independent agents and brokers. Liberty Mutual Insurance ranks 84th on the Fortune 100 list of the largest U.S. corporations based on 2011 revenue. The company has financial strength ratings of A (Excellent) from the A.M. Best Company, A2 (Good) from Moody’s Investors Service, and A- (Strong) from Standard & Poor’s.
