Liberty Northwest® Returns More Than $3.7 Million to Oregon Restaurateurs for Safety Performance

Portland, OR - August 27, 2008 - Liberty Northwest, a Liberty Mutual Agency Markets regional company, today announced strong return results for its Liberty Northwest/Oregon Restaurant Association (LNW/ORA) workers’ compensation insurance program.

Member restaurants will share a retrospective rating adjustment for the policy year ending January 1, 2008 of more than $3.7 million, a figure that accounts for premium adjustments, tax savings, and non-disabling medical reimbursements. The average member account savings is more than 25 percent.

“As a result of this partnership with Liberty Northwest, ORA members have been able to participate in a hospitality-focused workers’ compensation group program that has been so successful that participants have annually received a retrospective rating return since 1986,” said Steve McCoid, ORA President and Chief Executive Officer.

‘These exceptional returns are directly tied the participating restaurants’ strong commitment to safety, and the plan results prove it,” said Denise Moore, LNW/ORA Group Program Director.  “These results speak to the effectiveness of loss prevention, claims management, and return-to-work specialists who have the expertise and specialized resources to help employers maintain safe workplaces and achieve successful resolution of workers’ compensation claims.”

Liberty Northwest offers an effective workers’ compensation cost reduction strategy by providing employers with short- and long-term incentives for improving safety and then rewarding good safety performance with significant end-of-year plan savings.

To learn more about Liberty Northwest’s insurance programs and how they can help protect your business, contact Ms. Denise Moore, Liberty Northwest’s Hospitality Program Director at 503-736-7328, or outside the Portland area at 800-275-5600, ext. 7328.

About Liberty Northwest

Liberty Northwest Insurance Corp. (libertynorthwest.com) is Oregon’s largest private workers compensation insurer* and is a leading 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 Markets, a business unit of Liberty Mutual Group, consisting of property and casualty and specialty insurance carriers that distribute their products and services primarily through independent agents and brokers. Liberty Mutual Group ranks 94 on the Fortune 500 list of the largest U.S. corporations based on 2007 revenues. 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.

* Based on the 2005 Department of Consumer and Business Services Report

Contact:

Denise Moore, Hospitality Program Director
Phone: 503-736-7328 or 800-275-5600, ext.7328
E-mail: [email protected]