John Cusolito, spokesman for Liberty Mutual Insurance Co. said the company's executives
wouldn't receive additional compensation if the company's plans to convert to a mutual holding company are approved.
Cusolito's remarks were in response claims opponents of the conversion that the company's management would benefit financially if the conversion plan is approved.
The Massachusetts Division of Insurance says that executive salaries could be included in public documents in the future. The Division also noted that under Massachusetts state law, Liberty Mutual's management and employees are...
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