Citizens and Hanover Insurance Companies have named Douglas H. McDonough regional president of its emerging Mid Atlantic region, effective immediately. In this role, he will manage all aspects of sales and distribution for the companies’ commercial and personal lines operations …
Horace Mann Educators Corp. did not violate any law or regulation in 2001 when, as part of its plan to exit the state’s auto insurance market, it transferred its best exclusive representative producers and their auto insurance accounts to Commerce …
Auto accident claims are down significantly in Lawrence, Mass., and several other Merrimack Valley communities after a 16-month crackdown on auto insurance fraud, according to an industry report. The Insurance Fraud Bureau of Massachusetts forecasts $25 million in savings for …
A task force appointed by Massachusetts Gov. Mitt Romney last spring has concluded that the state’s private passenger auto insurance system is heading for a crash and has promised to produce a legislative reform package by May 30 in time …
Nuts & Bolts: Victor O. Schinnerer and Co. is offering an admitted property policy for all types of public entities. The policy features a specialized property enhancement for public entities, which provides higher limits for various coverages and causes of …
Tucked away in the 2004 annual report of Progressive Insurance is big news for the New Jersey auto insurance marketplace. The giant insurer, which exited the state in 1983, is driving back. In the report’s section titled New Horizons, Glenn …
Plymouth Rock Assurance Corporation, a Boston-based auto insurer, has appointed Daniel J. Reardon as marketing supervisor for Connecticut. The compay has also appointed Michael J. Scafidi as senior marketing representative in nortern Massachusetts. In his new assignment, Reardon will report …
The Workers Compensation Rating and Inspection Bureau of Massachusetts (WCRIB) has recommended to the state Division of Insurance that average rates for workers’ compensation insurance be increased by 1.0 percent effective Sept. 1, 2005. The WCRIB is the licensed rating …
Marsh & McLennan Companies, Inc. (MMC) in New York reported financial results for the quarter and year ended Dec. 31, 2004, citing a big loss in the fourth quarter due to the settlement with New York Attorney General Eliot Spitzer, …
Chicago-based InsuranceNoodle has signed an agreement with Boston-based OneBeacon Insurance Group to offer the carrier’s OnePac P&C solution to the more than 2,400 independent commercial agencies currently using InsuranceNoodle’s proprietary, Web-based technology platform. Through InsuranceNoodle, NoodleNetwork partner agencies can write …
