August 10, 2010
American Collectors Insurance has expanded the availability of insurance and services it offers to car collectors in Massachusetts. American Collectors, a provider of specialty insurance for collector vehicles and collectibles, eased three prior restrictions in Massachusetts: Late-model collector cars now …
August 10, 2010
United Insurance Holdings Corp., a property and casualty insurance holding company, today reported its financial results for the second quarter and for the six months ended June 30, 2010. For the second quarter, United returned to profitability from a loss …
August 9, 2010
Massachusetts-based insurer The Hanover has named Gerald T. Merritt as president of its professional liability business. In this new role, Merritt will work closely with the professional liability team to expand the capabilities of the business unit to create greater …
August 6, 2010
Fire investigators say a propane leak from a basement heating unit was the cause of a deadly explosion at a condominium under construction in Massachusetts. State Fire Marshal Stephen Coan said that damage to the heating unit was consistent with …
August 6, 2010
Massachusetts insurance agents scored a victory this week as the state’s governor signed a new law allowing them to keep their rights to clients’ expiring auto policies — a move sought by agents since the state’s insurance system was deregulated …
August 5, 2010
Maine-based Acadia Insurance said it will begin offering new employment practices liability insurance (EPLI) coverage enhancement next month for small business customers in Maine, Connecticut and Rhode Island. Acadia said it will also extend the coverage to customers in New …
August 3, 2010
Specialty insurer and reinsurer Catlin Group Limited has appointed Peter Schmidt as chief executive officer for European Reinsurance. He will also serve as CEO of Catlin Re Switzerland, which subject to regulatory approval will begin writing specialty classes of reinsurance …
August 2, 2010
How to Gain More Hours a Day Computers should bring efficiency and save a lot of time. But they can actually waste time if you don’t use them properly. Most agencies have an agency management system and a rating system, …
August 2, 2010
Ruling by Supreme Judicial Court Overturns a Century’s Worth of Bay State Case Law In a decision that changes nearly a century’s worth of case law, Massachusetts highest court has ruled that property owners can be held liable for snow-related …
August 2, 2010
Liberty Mutual Liberty Mutual Group has reorganized its commercial property, casualty and specialty lines insurance units as well as claims and loss control services for the insurer’s national accounts and mid-sized business clients. The new distribution and service organization will …