January 13, 2008
Dallas-based regional insurer, The Republic Group, appointed Jim Drawert to the new position of vice president – Industry Relations. Additionally, Cathy Link has joined Republic as chief underwriting officer. Drawert joined Republic in 2003 as vice president – chief underwriting …
January 13, 2008
The Travelers Cos. Inc. will pay $6 million to settle investigations in nine 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, …
January 13, 2008
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. Small Residential General Contractors Nuts & Bolts: NSM Insurance Group is offering coverage for general …
January 13, 2008
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. Oil and Gas Well Drilling Contractors
January 13, 2008
The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia regarding how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys general in Florida, Hawaii, Maryland, …
January 13, 2008
$6 Million Amount of settlement reached between the family of a Massachusetts woman killed in a 2006 tunnel collapse inside Boston’s Big Dig, and Powers Fasteners Inc., the Brewster, N.Y., epoxy maker blamed for supplying the faulty glue used to …
January 13, 2008
The new year saw two reminders that the controversies over alleged bid-rigging, account steering and contingent commissions that began back in 2004 are not over. On Jan. 2, The Travelers Cos. Inc. said it had agreed to pay $6 million …
January 13, 2008
Massachusetts independent agents are facing a challenge to hang onto their whopping 86 percent market share in personal lines as the state embarks upon a new competitive auto insurance system that will bring some of the predictive analytics that agents …
January 13, 2008
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 …
January 13, 2008
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 …