Massachusetts News

Miss. Court Sentences Little to 3 Years in Frankel Scam

Thurston Little, a prominent Mississippi real estate developer already serving time in federal prison in Massachusetts, has been sentenced to three years for his role in money laundering and bank fraud in the Martin Frankel international insurance scam. Last week, …

Christiansen Named N.E. Regional President for Citizens/Hanover

The Citizens and Hanover Insurance Companies have named Michael R. Christiansen as president of its New England region, effective July 11. Christiansen formerly was a senior executive with Liberty Mutual’s independent agent and broker distribution channel and president and chief …

Romney Auto Reforms Hit Roadblocks from Mass. Agents and Court

When the chief executive officer of the Independent Insurance Agents and Brokers of America spoke before the Virginia Big “I” recently, he snuck in several digs at liberal-leaning Massachusetts, at one point expressing disapproval of a state where government sets …

The Independent Insurance Agents of Virginia approved its 2005-2006 slate of officers at the group’s annual convention last month at the Landsdowne Resort in Leesburg, Va. Thomas L. Welch, of Welch, Graham & Ogden Insurance, succeeds M. Steven Harris as …

News Briefs

MASSACHUSETTS Romney Would Require Insurance: Gov. Mitt Romney would require every person in the state to have health insurance under his plan for universal health coverage, which he has dubbed the Safety Net Care proposal. The Safety Net plan is …

People

Columbus, Ohio-based Grange Insurance has promoted Alan D. Brannan to the new post of president of property/casualty for the Grange Mutual Casualty Group. In his new role, Brannan will oversee all property/casualty operations at Grange and its affiliate partner, Integrity …

People & Places

Thomas L. Welch The Independent Insurance Agents of Virginia approved its 2005-2006 slate of officers at the group’s annual convention last month at the Landsdowne Resort in Leesburg, Va. Michele DeForest Thomas L. Welch, of Welch, Graham & Ogden Insurance, …

IIABA Leader Fears Hodgepodge of Fee Disclosure Rules by Insurers

While insurance companies are calling upon state officials to coordinate their responses to the various brokerage compensation and other inquiries, independent insurance agents are worried about how the insurers themselves are responding to the pressure for disclosure of agent and …

Romney Auto Reforms Hit Roadblocks from Mass. Agents and Court

Mass. Agents Oppose Competitive Rating; Court Blocks Residual Market Reform When the chief executive officer of the Independent Insurance Agents and Brokers of America spoke before the Virginia Big “I” recently, he snuck in several digs at liberal-leaning Massachusetts, at …

MASSMUTUAL CRITICAL OF OUSTED CEO:

The recently ousted chief executive of Mass Mutual Financial Group in Springfield abused his authority by retaliating against employees who questioned him and by using policyholders’ assets for personal ends, according to his termination letter. The termination letter accuses O’Connell …