Liberty Mutual $3.1 Million Gift Endows Professorship in Insurance Law at
Boston College Law School
CHESTNUT HILL, Mass., Nov. 28 /PRNewswire-USNewswire/ -- Boston College Law
School has announced a $3.1 million gift from Liberty Mutual Group to
establish the Liberty Mutual Insurance Professorship in property and casualty
insurance law.
The gift, to be paid over the next four years, represents the largest in the
79-year history of Boston College Law School, and will be used to hire a
distinguished teacher and legal scholar with expertise in the field of
property and casualty insurance.
Boston College Law School Dean John H. Garvey said that Liberty Mutual's
pledge consists of $3 million to endow the Liberty Mutual Insurance
Professorship, and $100,000 to endow The Liberty Mutual Prize, an annual
monetary reward for the best article published in a law review on property and
casualty insurance law, regulation or governance.
"We are grateful to Liberty Mutual for its generosity in establishing this
professorship and writing prize at Boston College," said Garvey. "The
professorship will allow the Law School to attract one of the nation's top
teachers and scholars to direct our affairs in the area of insurance law. The
prize will allow us to draw attention to research in the field, and it will
make Boston College's name synonymous with the best academic thinking about
insurance."
Liberty Mutual Chairman, President and CEO Edmund F. Kelly said that through
the professorship and writing prize, Liberty Mutual is taking a leadership
position to improve understanding of the property and casualty industry and
the vital role it plays in society, particularly in enhancing the financial
security of the middle class.
"By establishing the Liberty Mutual Professorship, we hope to foster a better
understanding within the legal community of the critical role property and
casualty insurance plays in the broader economy," said Kelly. "Liberty
Mutual's partnership with Boston College makes sense given our mutual
histories as venerable institutions with Boston roots dating back tens of
decades."
Liberty Mutual Group's General Counsel Christopher Mansfield added, "We are
particularly pleased to be partnering with BC Law. Well-educated and
principled legal advocates benefit our industry as well as our society."
Mansfield, a 1975 graduate of BC Law School, oversees Liberty Mutual's
800-lawyer legal department.
The Liberty Mutual pledge follows several high profile gifts to Boston College
Law School, including a $1.5 million gift from BC Law School alumnus and
energy entrepreneur Dr. David Donohue to establish a junior faculty position
in business law, and a gift from the BC Law School Class of 1974 to establish
the Rev. William J. Kenealy, SJ, Professorship in tax law, which was awarded
this September to BC Law School Professor James Repetti, one of the nation's
foremost tax scholars.
Founded in 1929, Boston College Law is one of the nation's best and most
selective law schools, enrolling 800 students from 35 states and 130 colleges
and universities. Currently ranked 26th by US News and World Report, it is
also ranked in the Top 5 for both Best Professors and Career Prospects by the
Princeton Review and in the Top 15 in Recruitment by the National Law Journal.
SOURCE Boston College Law School
Jack Dunn of Boston College, Office: +1-617-552-3351, Cell: +1-617-256-7282,
Jack.dunn@bc.edu
