Massachusetts News

Argo Group’s Trident Buys New England’s Massamont Agency

Trident Insurance Services, a unit of specialty insurer Argo Group International Holdings Ltd., reports it has acquired Massachusetts-based Massamont Insurance Agency, Inc., which specializes in insurance programs for public entities. This combination immediately expands Argonaut’s public entity footprint into New …

Obama-Clinton Politics of Health Mandate Now Playing in Mass.

Barack Obama is no fan of the individual mandate that has been central to the successful launch of the Massachusetts universal health care law. He likes to cite its foibles as he criticizes his Democratic presidential rival, Sen. Hillary Rodham …

Liberty Mutual to Add 300 Jobs in New Western Mass. Office

Boston-based Liberty Mutual Insurance will open a 300-person office in Springfield, Mass. in the third quarter to handle growth, some of which is expected from the state’s move to a managed competition auto insurance system. Governor Deval Patrick joined Liberty …

Consumer Groups: Mass. Auto System Unfair to Many Good Drivers

The new managed competition auto insurance system being implemented in Massachusetts rewards many bad drivers and penalizes many good drivers based on certain supposedly-prohibited social factors, according to the latest charges by critics. Many good drivers will pay more and …

Boston Software’s New SinglePoint Streamlines Mass. Auto Submissions

Boston Software has introduced SinglePoint, a new data-exchange system that makes it easy for independent agents to submit Massachusetts auto insurance applications to any carrier under the state’s revised system. SinglePoint creates a standard new-business-submission process that conforms to the …

Progressive to Sell Mass. Auto Insurance Online Starting in May

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, Ohio-based company …

New Markets

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. Karate Sports & Fitness Insurance, a national underwriting facility specializing in sports and fitness facilities, …

Business Moves

Higginbotham & Associates, ATMD Higginbotham & Associates announced a partnership with Allred-Thompson-Mason-Daugherty (ATMD) in an effort to broaden its Texas presence. ATMD is a general lines insurance agency based in Wichita Falls, Texas, with two offices in Granbury and Henrietta, …

New Markets

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. Canine Security Nuts & Bolts: MarketScout is offering coverage for bomb and drug sniffing dogs. …

Business Moves

Chartwell Independent Insurance Brokers Chartwell Independent Insurance Brokers LLC, a Los Angeles-based wholesale and specialty insurance broker focusing on high-risk, hard-to-place coverage, has opened a new office in Scottsdale, Ariz., to help meet the growing need among property owners, managers …