The IRS form 1099-MISC and 1099-Int are forms the IRS requires Liberty Mutual to file for all reportable income to non-employees. Our records indicate we made a payment to you from Liberty Mutual or one of its subsidiaries that is reportable income according to IRS guidelines.
Typical payments that we issue that require a 1099-Misc include, but are not limited to: payments issued to providers who performed services, business income loss payments, fees, awards for punitive damages/non-physical injury, ex gratia payments, and awards wherein our company paid attorney fees on your behalf. Please see the IRS instructions
for 1099-Misc for further education on reporting practices.
Typical payments that we issue that require a 1099-Int include, but are not limited to: interest on penalties, final claims, and interest earned on insurance death claim proceeds, including annuities, from the date of death to the date of settlement.