Markel American Insurance Co. introduced a new Collector Vehicle Insurance program. This program joins its other specialty personal lines, such as motorcycle and various boat products. The program provides coverage for a variety of collector vehicles including antique autos and …
The main management consultant and contractor on Boston’s $15 billion Central Artery/Tunnel Project (Big Dig) has agreed to pay more than $407 million to resolve civil and criminal liabilities in connection with the partial ceiling collapse and other defects in …
About 150 people were left homeless in Lawrence, Mass. as a massive blaze that started in an empty downtown nightclub early Monday quickly spread through 15 buildings, including apartments and a home for the mentally disabled. One person was injured …
Leonard Crouse, Vermont deputy commissioner of Captive Insurance and a fixture in the state’s captive insurance industry for 18 years, has announced his plans to retire effective June 1. For more than 30 years Crouse has been a nationally recognized …
A.M. Best Co. indicated that the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Verlan Fire Insurance Company of Silver Spring, MD, are unchanged following the recently announced definitive agreement by The Hanover …
Worcester, Mass.-based The Hanover Insurance Group, Inc. has agreed to acquire Verlan Holdings, Inc., a Silver Spring, Maryland-based holding company that provides insurance to manufacturers and distributors of chemical-related products. Terms of the deal were not disclosed. Verlan’s primary business, …
Sexy Insurance? A New Social Networking Site for the Sexiest Industry on the Planet. Meet new colleagues, network, job search, trade war stories, post pictures, video, audio, and more! Boston, MA – January 14, 2008: Dynamia Interactive announces the launch …
Arthur J. Gallagher, Koster Insurance Insurance broker Arthur J. Gallagher & Co. has acquired Koster Insurance Agency Inc. of Quincy, Mass. Terms of the transaction were not disclosed. Koster Insurance Agency Inc. specializes in student health, sports accident and special …
Massachusetts Insurance Commissioner Nonnie S. Burnes wants insurance companies to send written notification to consumers when a settlement payment in any third-party liability claim is made to the consumer’s attorney or other representative. According to Burnes, a former judge, the …
The Travelers Cos. Inc. will pay $6 million to settle investigations in 9 states and the District of Columbia over how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys general in Michigan, Florida, Hawaii, …
