November 1, 2006
Latham, N.Y.-based First Cardinal LLC, a provider of third-party administrative services for workers’ compensation self-insurance groups, announced that co-founder and chief operating officer Richard S. Flaherty has been promoted to president and chief executive officer of First Cardinal and its …
October 31, 2006
ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, been selected to participate in the Massachusetts Brownfields Redevelopment Access to Capital (MassBRAC) program, which encourages the cleanup and redevelopment of brownfields properties. ACE Environmental Risk, a …
October 30, 2006
A new 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 …
October 27, 2006
The Commerce Group, Inc. reported 2006 third quarter net earnings were $56.5 million, or $0.83 per diluted share, compared to net earnings of $59.8 million or $0.88 per diluted share for 2005. Included in the 2006 third quarter results are …
October 25, 2006
The New Jersey Supreme Court has ruled that the equal protection clause of the state’s constitution requires that “committed same-sex couples must be afforded on equal terms the same rights and benefits enjoyed by opposite-sex couples under the civil marriage …
October 25, 2006
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 non-partisan Center for Responsive Politics, insurance political action committees …
October 24, 2006
Workers compensation administrator First Cardinal LLC has hired several new employees at its Latham, N.Y. headquarters. Stacy Anuszewski, of Saratoga Springs, N.Y., has joined the claims department as claims representative. A graduate of the College of St. Rose in Albany, …
October 24, 2006
The Hanover Insurance Group, Inc. has appointed Michael Hussey as vice president of underwriting for personal lines business in Massachusetts. Hussey has 20 years experience in the property and casualty industry. He joined The Hanover in 1986 as personal lines …
October 23, 2006
Insurance issues have taken a back seat to crime and taxes but there is evidence that the candidates locked in the race to succeed Massachusetts Gov. Mitt Romney do have insurance on their radar. Republican Kerry Healey has made deregulation …
October 23, 2006
A legislative panel in Massachusetts is recommending that company officials face criminal charges if they have recklessly failed to protect workers who are killed on construction sites, according to a published report. “The prospect of criminal convictions and jail time …