Massachusetts News

New Markets

New Markets Identity Recovery Coverage – Personal Lines Nuts & Bolts: Merchants Insurance Group introduced a newly expanded Identity Recovery Coverage program for homeowners’ policyholders. The new coverage is designed to help victims of identity theft, clear their credit history …

News Currents

From New England to Virginia, courts and juries made insurance headlines Up and down the East coast, much of the most interesting local insurance news in 2005 took place in the courts of law and not in the court of …

Mass. Man Pleads Innocent in Alleged Fraud That Killed Grandmother

Two brothers from Lawrence, one charged with murder and the other with manslaughter in unrelated cases, were ordered held without bail after pleading innocent at their arraignments in Salem Superior Court on Friday. Jacinto Maldonado Jr., 24, is charged with …

News Currents

Parties far apart on Mass. homeowners’ residual market rates Hearings to decide rates for the homeowners’ insurance residual market in Massachusetts have been going on since November and will continue for several more months, according to officials. The three major …

Illinois courts should be for Illinois cases, not a tourism attraction

When people in other states think of Illinois, many things come to mind to epitomize some aspect of the state; for example, some people conjure up images of Abraham Lincoln, while others think of the World Champion Chicago White Sox, …

New Markets

New Markets Nuts & Bolts: AIG Excess Casualty, a division of American Home Assurance Company, part of American International Group Inc., introduced xsInResponse, a new product that provides excess liability coverage for risks previously covered by an insurance carrier that …

Connecticut

Welcome to Insurance Journal’s 2006 National Directory of Excess, Surplus and Specialty Markets, Volume 1. This exclusive biannual market directory has been designed to assist independent agents and brokers in the task of placing difficult or unusual risks. For ease-of-use …

News Currents

Regulatory modernization tops industry’s legislative agenda for 2006 With the extension of the Terrorism Risk Insurance Act, passage of federal class action and crop insurance reform, enactment of asbestos reform in several states and some changes in state laws on …

Commerce Group CEO Remillard to Retire in July; Fels Will Succeed Him

Arthur J. Remillard, Jr., the founder and chief executive officer of The Commerce Group, Inc., announced his intention to retire at the end of July of this year, culminating a 40 year career in the property and casualty insurance industry. …

Nickelodeon, Kellogg Targeted in Suit to Stop Junk Food Marketing to Kids

Parents and advocacy groups are filing suit against Viacom’s Nickelodeon media outlets and snack and cereal giant Kellogg to stop them from marketing junk food to young children. The plaintiffs maintain that these two companies are directly harming kids’ health …