A subsidiary of Palisades Safety and Insurance Association reported that it plans to acquire National Atlantic Holdings Corp., including its subsidiary, The Proformance Insurance Co. Under the terms of the agreement, each outstanding share of common stock of National Atlantic …
Worcester, Mass.-based The Hanover Insurance Group, Inc. said it will divest its non-insurance, premium finance subsidiary, AMGRO, Inc. and its subsidiaries, to Premium Financing Specialists, Inc. of Kansas City, Missouri. The transaction is expected to close in June, subject to …
Massachusetts medical professionals are calling for reforms to the state’s medical liability system that they say will protect physicians from more lawsuits and help control insurance costs. To support their call, the physicians are citing a new report that terms …
Massachusetts Attorney General Martha Coakley’s office has filed its final brief recommending that Insurance Commissioner Nonnie Burnes reject the FAIR Plan’s latest proposed homeowners insurance rate hikes. The FAIR Plan, a state-created provider of last resort for homeowners coverage, has …
Gorton’s Inc. said Monday that the pills a Pennsylvania family reported finding in their fish fillets were harmless over-the-counter herbal supplements. The incident remains an isolated case and the U.S. Food and Drug Administration is leading the investigation, Gorton’s spokesman …
Massachusetts car owners who want to see if they can get a better deal under the state’s new managed competition system may decide to opt out of their existing insurance plans early. State regulators say car owners may want to …
$30.3 Million Amount awarded to the family of a New Jersey man who died from mesothelioma, an asbestos-related cancer. Mark Buttitta died in 2002 at age 50; he had handled auto parts containing asbestos while working summers at giant GM …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is a …
Good and Bad “The range of options available to many good drivers is much worse than the range available to many bad drivers. No amount of shopping around can change that.” —A report by MassPIRG, a Bay State consumer advocacy …
Progressive, Massachusetts Progressive Insurance said it plans to begin selling personal auto insurance in Massachusetts starting May 1 if state regulators approve the company’s rate filings, which it submitted to the Bay State’s insurance department this morning. The Mayfield Village, …
