A second major carrier has begun making inroads to the soon-to-be-deregulated Bay State auto insurance market, although it has stopped short of saying it will sell Massachusetts personal auto policies in 2008. The Mayfield, Ohio-based Progressive Group of Insurance Companies, …
Insurance agents in Massachusetts support the state’s move to managed competition in private passenger auto insurance but oppose insurers’ use of credit scoring in rating or underwriting. They are expecting a lot of business movement as a result of the …
INAMAR, ACE Recreational Marine ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, announced that INAMAR, its marine marketing and underwriting division, will now be known as ACE Recreational Marine Insurance. This change in brand name …
$69 Million The Medical Mutual Liability Insurance Society dividend that Maryland Insurance Commissioner Ralph S. Tyler has ruled it must pay to the state, not to policyholders. The dividend, reported by the insurer in September, is due to the state …
Getting Underway “Even though competition is just getting under way and Massachusetts drivers will realize significant savings now, many more benefits will evolve over time, as new companies enter the market, new products are introduced and companies fight for market …
At least one U.S. auto insurance company is now offering coverage for pets. Progressive Corp. is providing collision coverage for customers’ dogs or cats at no additional premium cost. It will pay up to $500 if a customer’s dog or …
Nancy Mendizabal, chief executive officer of Apple Valley Agency of Greenville, R.I., was sworn in as the president of the Independent Insurance Agents of Rhode Island at the association’s 107th annual conference recently. IIARI also elected its officers for its …
North Pointe Holdings Corp., American Capital Assurance Corp. Mich.-based North Pointe Holdings Corp. announced it has signed an agreement to sell its Home Pointe Insurance Co. subsidiary — which comprises North Pointe’s Florida homeowners and dwelling fire operations — to …
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