David Soucy, a third generation owner of the family independent insurance agency, Soucy Insurance Agency, of Woonsocket, R.I., was sworn in as president of the Independent Insurance Agents of Rhode Island at the association’s 106th annual conference. IIARI also elected …
Massachusetts Insurance Commissioner Julianne Bowler has set Nov. 10 for a public hearing into her guidelines for moving the state’s auto insurance system for high risks from a reinsurance plan to an assigned risk plan. If her guidelines remain as …
A study by a Boston-based think tank shows that Massachusetts firms in nine selected industries including financial services have costs that are on average 20 percent to 30 percent higher than similar companies in Texas, North Carolina and New Hampshire. …
This issue of Insurance Journal will come out the day before the nationwide elections. By the time you receive your magazine or get the opportunity to read it, the results will be in and you will know who won in …
Four of six top official recipients from the Midwest Insurance-related contributors to this year’s midterm Congressional races are favoring Republicans 2-to-1 over Democrats while the overall total given by insurance interests appears down from two years ago. According to the …
New Construction, Remodelers, Owner/Developers Nuts & Bolts: Network E&S Insurance Brokers LLC has a new limited access Builder’s Risk/Contractors Equipment Program for both residential and commercial. Residential and commercial structures with no size limitations; frame and concrete structures are acceptable. …
Privacy and Security Coverage Enhancements Nuts & Bolts: Underwriting manager and claims administrator Euclid Managers LLC have a set of security and privacy coverage enhancements that can be endorsed onto any of the Euclid Managers’ Internet and tech professional liability …
Let’s start with three basic ideas about property/casualty insurance distributed through independent agents and brokers — a sector with more than $200 billion in written premium annually. 1) P/C insurance resembles a commodity, with few competitive differentiators. By and large, …
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 …
David Soucy, a third generation owner of the family independent insurance agency, Soucy Insurance Agency, of Woonsocket, R.I., was sworn in as president of the Independent Insurance Agents of Rhode Island at the association’s 106th annual conference. IIARI also elected …
