Massachusetts News

Declarations

Courageous “Nine brave, heroic, courageous firefighters of the city of Charleston have perished fighting fire in a most courageous and fearless manner, carrying out their duties. To all of their loved ones, our heart goes out to them.” — Charleston …

My New Markets

General Liability – Builders & Contractors Nuts & Bolts: Golden Insurance Co. is providing primary and excess general liability insurance to homebuilders, remodelers and subcontractors. HOA and multifamily work is acceptable. Dollars: $300,000 to $2 million. Carrier: Golden Insurance Co. …

My New Markets

General Liability – Builders & Contractors Nuts & Bolts: Golden Insurance Co. is providing primary and excess general liability insurance to homebuilders, remodelers and subcontractors. HOA and multifamily work is acceptable. Dollars: $300,000 to $2 million. Carrier: Golden Insurance Co. …

People

Chicago-based Aon Corp. reported that David P. Bolger, executive vice president, chief financial officer and chief administrative officer, is leaving the company. Bolger will remain with Aon until the search for his successor is completed, a company spokesman told Insurance …

My New Markets

Security Guards Nuts & Bolts: Brownyard Group’s program for security guard firms has been expanded to include limits up to $5 million. Coverage includes general liability, excess/umbrella liability, workers’ compensation, property, auto, and first- and third-party dishonesty. Coverage is underwritten …

Jackpot justice

Few political issues get the business community’s attention like tort reform. Not surprisingly, business owners do not like to be sued any more than they like paying higher insurance costs fueled by lawsuits. One of the most influential business lobbies, …

Streamlining surplus lines

Declarations “Non-admitted insurance reform is a pro-consumer piece of legislation. HR 1065 makes it clear that the state where the policyholder resides should be the state that is in charge of regulation. … Simplifying and streamlining the insurance market will …

My New Markets

Security Guards Nuts & Bolts: Brownyard Group’s program for security guard firms has been expanded to include limits up to $5 million. This broad coverage includes: general liability, excess/umbrella liability, workers’ compensation, property, auto and first and third party dishonesty …

Business Moves

Commerce West, Stonewood Agency The Commerce Group Inc.’s California-based subsidiary, Commerce West Insurance Co., has entered into a general agency agreement with Stonewood Insurance Services Inc. of Rancho Cordova, Calif., which promises to bring the insurer up to $170 million …

Report: Calif., Minn., N.J., N.C. Have Worst Traffic; N.D., S.C. Have Best Roads

Nearly 52 percent of U.S. urban Interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual highway performance report. “Gridlock isn’t going away,” said David …