OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, has named Kevin Rehnberg as senior vice president reporting to Chief Executive Officer John Cavoores. Rehnberg will help support OneBeacon’s specialized, segmented commercial business. Rehnberg, a 19-year industry …
Return-to-Work to Become Challenge as Workforce Continues to Mature
The workers’ compensation system must prepare for a big boom in older workers, a population that is less likely than younger workers to return to work after an injury. Workers over the age of 55 are 12 to 35 percent …
New Jersey, Massachusetts Reforms Help Open Up Auto Coverage
Efforts to improve auto insurance markets in New Jersey and Massachusetts, two of the worst states in which to write auto coverage, have yielded several important conclusions. One of the most important is the realization that if insurers can’t use …
MassMutual Reviews Direction as Ouster of Previous CEO Draws Scrutiny
MassMutual Financial Group said it is forming an “Office of the CEO” to bring together executives who will review the insurance firm’s direction and operations. The announcement came two weeks after Robert O’Connell, MassMutual’s chief executive, president and chairman, was …
By Andrea Ortega-Wells
From the playground to the classroom to the office – bullies can be found in all walks of life, says an anti-bullying advocacy group vying for new legislation that could potentially outlaw workplace bullying. But how would new anti-harassment legislation …
Mass. Diocese Seeks Ruling on Insurers’ Share of Sex Abuse Claims
The Diocese of Springfield, Massachusetts is asking a judge to determine how much of a burden the diocese’s insurers should bear in paying for settled sex abuse claims as well as determine their financial responsibility for future claims. The Roman …
Agent Leader Rusbuldt Speaks Out Against Hodgepodge of 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 …
Industry Economist Hartwig Named to N.Y. Big ‘I’ Agent Group Board
Robert Hartwig, vice president and chief economist of Manhattan-based Insurance Information Institute, was recently appointed to a one-year term as an at-large director of the Independent Insurance Agents & Brokers of New York Inc. As an IIABNY at-large director, Hartwig …
PCI Reports Mixed Emotions on Key Mass. Bills
The Property Casualty Insurers Association of America (PCI) expressed mixed emotions Tuesday concerning numerous insurance-related bills that were introduced in the Massachusetts Legislature’s Financial Services Committee Hearing held earlier in the day. Peter Robertson, local counsel for PCI, testified on …
Unum, HRH Boston Affiliate Settle for $1.3M Over Contingent Fees
A major life insurance company and insurance consulting firm will pay $1.3 million to resolve allegations that the insurer brokered a lucrative deal involving hundreds of thousands of dollars in undisclosed commissions in violation of contracts with the state, Massachusetts …
