Brown & Brown has acquired United Benefit Services and Beverly T. Gottlieb & Associates, two metro-Boston agencies specializing in employee benefits and related insurance products. Terms of the deal were not disclosed. The two agencies — headquartered in Newton and …
Marsh & McLennan Agency (MMA), the retail unit of Marsh, has acquired the Boston office of Kinloch Consulting Group Inc., the employee benefits division of Kinloch Holdings Inc. Terms of the transaction were not disclosed. Kinloch Boston — which has …
Massachusetts Attorney General Martha Coakley is urging state insurance regulators to reject Progressive’s request for a 23.5 percent rate hike for commercial auto coverage. Coakley’s office says Progressive’s rates were excessive and unfair to Massachusetts businesses and that the information …
An alcohol-detection prototype that uses automatic sensors to instantly gauge a driver’s fitness to be on the road has the potential to save thousands of lives, but could be as long as a decade away from everyday use in cars, …
Massachusetts Attorney General Martha Coakley wants more severe criminal penalties for businesses that go without workers’ compensation insurance for their employees. A bill filed earlier this month by Coakley’s office would make failure to carry worker’s compensation coverage equal to …
American Safety Insurance has launched an enhanced version of its EnviroStar policy, which combines common coverages for environmental professionals into one form. “The form changes are in response to feedback from our annual customer roundtable and our daily interactions with …
Commercial property insurers in Massachusetts will be allowed to exclude terrorism coverage from commercial fire insurance policies under a new law signed by Gov. Deval Patrick. The law modifies the standard fire insurance policy to allow insurers to exclude coverage …
A Massachusetts man who allegedly collected over $28,000 in fraudulent insurance claims for work performed at his automotive and glass companies has been arraigned on fraud and larceny charges, according to the state’s attorney general. Investigators say Robert Giller, of …
Privilege Underwriters Reciprocal Exchange (PURE) said it is now offering coverage for high-value homes in Massachusetts. PURE — which is structured as a policyholder-owned firm — already writes coverage in a number of Northeast states, including Rhode Island, Connecticut, New …
Specialty insurance brokers Alliant Insurance Services has acquired New York city-based T&H Group for an undisclosed sum. T&H Group, which operated as Tanenbaum-Harber Co. until changing its name last year, was established in 1860 and primarily targets upper middle market …
