Center stage will belong to Government in 2005. While it lacks the sizzle of themes from prior years–consolidation, convergence, digitization and hard market–it will have a more immediate and profound impact. The industry’s business practices and competitive landscape have long …
It was a serious year, with major stories covering investigations, hurricanes, floods, mergers, court rulings, reform legislation, elections and more. The torrent of news on the insurance industry reminded us how important this industry is and gave us a lot …
Leaving aside the insurance brokerage compensation investigations, the World Trade Center trial, the St. Paul-Travelers merger and the UnumProvident settlement, all of which have their roots in this region but grew to become national insurance stories; and bypassing most reform …
Communities across Massachusetts have been slow to enforce fire safety requirements mandating that vacant buildings be boarded up and marked to warn firefighters the buildings are abandoned and should be entered with care. Many officials say that because of cutbacks …
Berkshire Hills Bancorp, Inc. (AMEX: BHL), the holding company for Berkshire Bank in Pittsfield, Mass., has agreed to purchase Woronoco Bancorp, Inc. (AMEX: WRO), the holding company for Woronoco Savings Bank, including the bank’s two insurance agencies. Headquartered in Westfield, …
John Tympanick The Liquor Liability Joint Underwriting Association of Massachusetts (LLJUA) has named John W. Tympanick as president. LLJUA, based in Westboro, Mass., is a last-resort liquor liability insurance provider for Massachusetts businesses that have been turned down for coverage …
Center stage will belong to Government in 2005. While it lacks the sizzle of themes from prior years–consolidation, convergence, digitization and hard market–it will have a more immediate and profound impact. The industry’s business practices and competitive landscape have long …
Nuts & Bolts: The private client group of American International Group has a product that adds flood coverage to certain homeowners’ policies. This move is aimed at properties located in low- to moderate-risk areas the government-designated B, C and X …
Nuts & Bolts: BVSA Marine Insurance is now offering coverage for recreational watercrafts up to 32 feet. Dollars: Liability limits of $500,000 are available. Deductibles range from 1 to 3 percent with no minimum premiums. Carrier: American Reliable rated “A,” …
Center stage will belong to government in 2005. While it lacks the sizzle of themes from prior years–consolidation, convergence, digitization and hard market–it will have a more immediate and profound impact. The industry’s business practices and competitive landscape have long …
