Massachusetts News

Mass. Agent Hofmann Honored By Nation’s Agents for Legislative Work

The Independent Insurance Agents & Brokers of America (the Big “I”) has honored a longtime Massachusetts agent leader for his legislative accomplishments. Belmont, Mass. agent William Hofmann III, CPCU, CLU, AAI, CIC, LIA, was presented the Sidney O. Smith Award …

XL Announces Global Risk Conferences in Germany, U.S.

Bermuda’s XL Capital Ltd. announced that it will host two global risk conferences on the theme “One World Without Borders.” The first will be held on May 10-11 in Berlin, Germany, and the second on October 4-5 in Boston, Mass. …

Insurance Overhead Lowered in Eighteen States

RESEDA, CA – Insurance agents from Boston to Miami and in seven western states can now access a cost-saving online digital photo service to reduce overhead and improve risk assessment simultaneously. The FastSnap web site (www.FastSnap.com) lets insurance underwriters, agents …

Auto Insurance Costs Holding Steady; Average Nationwide Premium at $867

The cost of auto insurance is expected to rise by just 0.5 percent in 2006, the smallest increase in six years, reports the Insurance Information Institute. A declining number of auto accidents, safer cars and fraud-fighting efforts are some of …

RiskMeter’s Distance to Fire Station Report Adds Six States

Boston, Mass.-based CDS Business Mapping LLC., an online property risk mapping, announced that AR, KY, NM, OK, TN, and UT have been added to the RiskMeter Online’s (www.RiskMeter.com) Distance to Fire Station Report, bringing the total number of states to …

Lancashire Promoted to Main Street America V.P. of Claims

Jacksonville, Fla.-based Main Street America Group has promoted Mike Lancashire to vice president of claims. He replaces Steve Canty, who was recently appointed vice president of market research. “Mike has 20 years of solid claims experience and will bring great …

The Hanover to Webcast Earnings on May 2

http://www.hanover.com/ The Hanover Insurance Group, Inc. in Worcester, Mass. will webcast its first quarter earnings conference call on Tuesday, May 2 at 10:00 a.m. Eastern Time through the Hanover web site at http://www.hanover.com/. Those who would like to listen to …

Brazauskas Joins Catlin’s U.S. Sub as Chief Administrative Officer

International property and casualty insurer and reinsurer, Catlin Group Limited announced the appointment of Vincent Brazauskas as senior vice president and chief administrative officer of Catlin Inc., the Group’s US subsidiary. The bulletin, from Catlin’s Bermuda headquarters, said Brazauskas will …

Industry Group Airs New Ads to Support Auto Reforms in Mass.

The insurance industry-backed advocacy group, Fairness for Good Drivers, has released new television and radio ads focusing on what the group says is a lack of fairness and choice in the Massachusetts auto insurance system as the Legislature is about …

Cancer Rate Linked to Former Mass. Textile Site Where Kids Played

Massachusetts health officials trying to resolve a decades-old mystery about a cluster of cancer cases in Ashland have concluded that the illnesses are linked to a former textile dye-making plant with waste ponds that some children used as swimming holes. …