Founder Profile
Massachusetts State Legislature (Founding Act)
Last reviewed: October 2026 · By Swet Parvadiya
Who is Massachusetts State Legislature (Founding Act)?
Massachusetts State Legislature (Founding Act) is a founder of Liberty Mutual, which was founded in 1912 with Wallace B. Donham.
- Company founded
- Liberty Mutual
- Founded
- 1912
- Co-founders
- Wallace B. Donham
Founding Story
The Commonwealth of Massachusetts General Court enacted Chapter 751 of the Acts of 1911, establishing the nation's landmark Workmen's Compensation Act. To ensure employers could obtain affordable, legally compliant coverage without succumbing to exploitative rates charged by private stock insurance combines, the legislature officially chartered the Massachusetts Employees Insurance Association on July 1, 1912 as a non-profit, policyholder-owned mutual entity dedicated to industrial accident prevention and fair medical compensation.
Sources
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