A Massachusetts lawmaker who is a former independent agent recently charged that local independent agents opposing some of the state’s auto insurance reforms are only interested in their own agencies’ values and not in what is best for their customers. …
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. Privacy General Liability Nuts & Bolts: Insurebest.com is offering privacy general liability on an occurrence …
The Property Casualty Insurers Association of America (PCI) elected new officers during its annual meeting in Boston recently. Robert Joyce, chairman and chief executive officer of Westfield Group, was elected as the association’s new chair; John Blackburn, CEO of Country …
People Lockton Companies LLC appointed Frank Scardino as president of the company’s Dallas property and casualty operation. In his new position, Scardino is responsible for setting the vision and long-term strategies for the insurance broker’s risk management and consulting business. …
The Senate today passed the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) of 2007, legislation that will extend the federal terrorism insurance backstop. The current federal terrorism reinsurance program commonly known as the Terrorism Risk Insurance Act (TRIA) is scheduled …
Liberty Mutual Group today announced that one of its companies – Keene, N.H.-based Peerless Insurance – intends to return to the Massachusetts private passenger auto insurance market next year after a 20-year absence. Peerless Insurance is expected to file rates …
The Massachusetts Fire Marshal’s office believes at least 10 recent fires in Provincetown on Cape Cod were deliberately set. Most of the blazes occurred in the west end of the Cape Cod town and were relatively small. But a fire …
Liberty Mutual, the state’s fourth-largest auto insurer, announced plans to add 30 sales representatives in Massachusetts – a 50 percent increase – by the time the state implements new managed competition auto insurance regulations and competitive pricing next April 1, …
As Massachusetts prepares to open up its private passenger auto insurance market to more competition, The Hanover Insurance Group, Inc. is ready to drive in with coverages it has been offering in other states but not in the Bay State. …
A Massachusetts contractor has been arrested on a felony fraud charge related to Hurricane Katrina recovery on the Mississippi Gulf Coast. Daryle Arthur Jager, 47, of Somerville, Mass., is accused of taking $7,000 from a Diamondhead woman, failing to do …
