S.H. Smith & Co., a national, independently-owned excess and surplus lines insurance broker, announced that Derek O’Gorman has joined the firm as vice president. O’Gorman will be involved in the development and expansion of casualty and property brokerage business. His …
GoodWorks Insurance, a new insurance ageny that gives half of its profits to local non-profits in accordance with a unique charitable contract, is expanding its business model to permit its use by established insurance agencies across the country. GoodWorks Insurance …
Berkshire Hills Bancorp, Inc., the holding company for Berkshire Bank, completed its acquisition of five Western Masssachusetts insurance agencies on Oct. 31, 2006. The agencies acquired by the company’s wholly-owned subsidiary, Berkshire Insurance Group, Inc., are Reynolds, Barnes & Hebb …
Newly-elected Democratic governors in Massachusetts, New York and Maryland are expected to name their own insurance commissioners, although the identity of any successors is unknown at this time, according to insurance industry insiders. Industry representatives are optimistic that the new …
The new Congress will alter the insurance agenda on Capitol Hill, but losses for the industry are not a foregone conclusion. That’s the after-the-election take by the National Association of Professional Insurance Agents (PIA). “The more things change, the more …
Massachusetts Insurance Commissioner Julianne Bowler said she intends to finish what she started three years ago in trying to refashion the state’s high risk auto insurance system, despite urgings by some that she leave the task for the administration of …
The Commerce Group, Inc. in Massachusetts announced that Lawrence R. Pentis of California will join the company’s senior executive team. He will be responsible for insurance operations outside of Massachusetts as the executive vice president and chief operating officer of …
A husband and wife and her sister have been arraigned on charges alleging that they attempted to collect $24,000 in insurance proceeds by falsely reporting to their insurance company that their car, which they claimed was fully loaded with high …
The jobs of more than half of state insurance commissioners around the country could be on the line on this 2006 midterm Election Day. The futures of as many as 30 of the nation’s insurance commissioners are tied to the …
Having bought insurance agencies for years when he was chief financial officer with the former Covenant Group, Joe Grochmal knew that finding an agency that would actually grow after the acquisition was next to impossible. “We used to describe them …
