Massachusetts News

Unleash the Power of Your Computer

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, …

Massachusetts Court Changes Slip-and-Fall Liability

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 …

Business Moves

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 …

Upside of the Downside: P/C Brokers Serve Distressed Property Market

The vacant and distressed property segment has been a beacon of light for insurers and brokers as the economy has forced the closure of businesses and halted construction projects, resulting in a number of vacant buildings across the country. The …

Massachusetts Lawyer Reinstated After Insurance Scam

A lawyer from a well-known Massachusetts personal injury firm who was convicted of insurance fraud will be allowed to practice law again. The state’s highest court on Thursday reinstated the law license of Nicholas Ellis. Ellis, who was a partner …

10 Most, Least Affordable States for Car Insurance

InsWeb, an online insurance comparison provider, recently released its 2010 Car Insurance Affordability Index — a list of the most and least affordable states in which to insure a vehicle. To develop the list, InsWeb ranked all 50 states and …

OneBeacon Launches New E&S Division; Crosby to Head

Massachusetts-based OneBeacon Insurance Group said it is launching a new E&S lines business and has appointed Dennis Crosby as president of the business, OneBeacon Excess and Surplus Lines. OneBeacon said the new division will both support its current business and …

Massachusetts Court Changes Slip-and-Fall Liability

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 injuries — regardless of whether plows cleared the snow. For more than 100 years, …

Lee Named Branch VP for The Hanover in New Hampshire and Vermont

The Hanover has appointed Michael H. Lee as branch vice president for Commercial Lines for the company’s New Hampshire and Vermont markets. In this new role, Lee will lead the company’s efforts to strengthen its presence in these states by …

Europe’s CEA Expresses Concerns on Reinsurance Tax Proposals

The CEA (Centre d’Etudes d’Assurance), the European insurance and reinsurance federation, has written to the US House of Representatives to express its concerns over proposals to change the US tax treatment of reinsurance between affiliated entities. The comments center on …