Massachusetts News

GMAC Insurance Study: Some 20 Million Drivers are Potential Accidents Waiting to Happen

Results of a study released Thursday suggest that millions of Americans lack basic knowledge of rules of the road and safe automobile operation. In fact, the study shows that if tested today, one in 10 drivers – nearly 20 million …

People & Places

Joseph Savarese Atlanta-based NBIS appointed Joseph Savarese as senior vice president of underwriting. He will focus on the company’s eastern and western U.S. presence, working to establish a network of insurance agents and brokers in the contractors’ insurance market. Brian …

New Age Brokerage Makes Apartment Program Available in 10 Eastern States

New Age Brokerage LLC, a Morristown, N.J.-based provider of insurance programs for habitational real estate risks, announced the availability of a comprehensive apartment building insurance product, now available to insurance agents and brokers in New York, New Jersey, Pennsylvania, Maryland, …

SAFE DRIVER PLAN REVISED:

Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving history. The revised Safe Driver Insurance Plan will provide discounts for the state’s best …

ONEBEACON LEAVING BOSTON FOR SUBURBS:

One Beacon Insurance Co. has decided to vacate its offices at its namesake address at One Beacon Street in downtown Boston and consolidate its Boston area operations in a building in suburban Canton, Mass. The insurer has purchased a building …

Lojack for Motorcycles Addresses Growing Risk

With summer right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the Easy Rider days of the …

News Briefs

MASSACHUSETTS Safe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving history. The revised Safe Driver Insurance Plan will provide …

People & Places

James Huber James Robinson Huber has been appointed senior vice president and regional executive, Southeast Region for ACE USA, the U.S.-based retail operating division of The ACE Group of Companies. Based in Atlanta, Huber will be responsible for setting and …

Old Rhode Island’s New Pawtucket: Big Plans to Stay Small

Investors Plan Small, Focused Writer of Homes, Including on Coasts, in Mass., R.I., N.Y. The investors in line to revitalize the 157-year old Pawtucket Mutual Insurance and its subsidiary Narragansett Bay Insurance companies plan to rebuild the firms by staying …

Tougher Laws Key in Fight Against Insurance Fraud

How do you convince overworked state prosecutors to chase down often stale-sounding insurance swindles when their case files already are bulging with high-profile crimes such as drugs, robbery and murder? Insurance-fraud laws are great motivators: State prosecutors can convict con …