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Privacy and Security Coverage Enhancements Nuts & Bolts: Euclid Managers LLC developed a set of security and privacy coverage enhancements that can be endorsed onto any of the Euclid Managers’ Internet and tech professional liability policies. The endorsements expand the …

Middlesex Mutual, Holyoke Mutual Launch Joint Brand: MiddleOak

Holyoke Mutual Insurance Company, founded in 1843, and Middlesex Mutual Assurance Company, established in 1836, are writing another chapter in their history book with the announcement of their new group brand name: MiddleOak. “The MiddleOak logo brings two companies that …

OneBeacon Completes Transfer of Agricultural Unit to QBE

On Sept. 29, OneBeacon Insurance Group completed its previously announced renewal rights and asset sale agreement that transfers its agricultural division to QBE the Americas, a wholly owned division of QBE Insurance Group, Ltd., for approximately $32 million. From officies …

Masonry Firm Faces OSHA Fines in Deadly Mass. Scaffolding Collapse

A masonry contractor faces $119,000 in fines for alleged safety violations that led to a scaffolding collapse at a downtown construction site that killed three last spring, according to federal officials. The U.S. Occupational Safety and Health Administration said a …

Mass. Begins Historic Mandatory Health Insurance Plan

Massachusetts began signing up its poorest residents for low-cost health insurance , the first step in the state’s goal to be the first in America to require all citizens to have health insurance. “This is a historic day for us,” …

Brown & Brown Grows Wholesale: Hull Buys DVUA; PRU Acquires Apex

Continuing in its acquisitions mode, insurance agency Brown & Brown Inc., through its subsidiaries Hull & Co. Inc., and Program Management Services Inc., has acquired the assets of a key wholesaler located in the Northeast and a Virginia-based broker that …

AGs File Motion Against Agents’ Amicus Opposing Zurich Settlements

The Attorneys General of 10 states have filed a motion with the U.S. District Court for the District of New Jersey opposing an amicus brief filed on Sept. 15, 2006, by the National Association of Professional Insurance Agents (PIA). The …

Mass. Auto Rates Would Fall from 8% to 18% Under Latest Proposals

The two parties representing consumers have recommended that Massachusetts auto insurance rates be slashed next year — as much as 18 percent. The State Rating Bureau, a unit of the Division of Insurance, is calling for a statewide average decrease …

Kan. Gubernatorial Candidate Lists Plan for Health Care, Reducing Lawsuits

Saying his goal is to ensure Kansans have access to affordable health insurance and medical care by 2010, Republican gubernatorial candidate Jim Barnett outlined a plan that includes creating a one-stop shopping center for insurance coverage and reducing medical malpractice …

SEC Charges Three Former RenaissanceRe Execs with Fraud

The Securities and Exchange Commission charged three former RenaissanceRe executives with securities fraud charges for their alleged involvement in a finite reinsurance scam that the SEC claims the executives concocted to smooth RenRe’s earnings. James N. Stanard and Martin J. …