The Hanover says it will offer Massachusetts drivers a discount on a special course in crash prevention skills and safe-driver techniques. The program, run by In Control Crash Prevention Training, is the only one of its kind certified by the …
A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “aa” from “aa-” of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate, UK-based Travelers Casualty and Surety Company of …
OneBeacon Professional Insurance has entered into an exclusive arrangement with USI Affinity to administer its Lawyers’ Professional Liability (LPL) insurance program, which provides liability protection solutions for law firms with up to 20 lawyers in Connecticut, Massachusetts, Maryland, Virginia and …
Increase in Falsified Insurance Applications Tied to Economy One of the many consequences of a tight insurance market during tough economic times is that potential insureds may have difficulty obtaining coverage if they have bad loss records or conditions that …
$640 Million Amount sought in a lawsuit filed by diamond-seller Lazare Kaplan from its insurers after the “disappearance” of a large number of diamonds. The suit alleges the insurers – Lloyd’s syndicates – violated two all-risk policies issued in New …
Massachusetts Attorney General Martha Coakley is proposing new regulations that she says will rein in sales and underwriting practices for auto insurers and agents in the state. The regulations come in response to a report issued by her office in …
Surplus Battle “It’s pretty much as outrageously unconstitutional, illegal and in-your-face as it gets.” —Kevin Fitzgerald, a lawyer for the policyholders of New Hampshire’s Joint Underwriting Association (JUA), a state-created medical malpractice insurance fund from which lawmakers are trying to …
Liberty Mutual Agency Corp. Boston-based Liberty Mutual Group has announced that its subsidiary, Liberty Mutual Agency Corp. (LMAC) has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of shares of its common …
How Agents Can Manage Technology Change Many agency owners are changing their operations to survive and thrive. But change is never easy. Managing change requires two capabilities: smart decision-making and sound implementation. Deciding to make a change in the agency …
The Internet generation is about to get something it may value more than Facebook or instant-messaging: the ability to schedule driver’s license road tests online. Until Tuesday, 161/2 year olds had to call a Registry of Motor Vehicles hot line …
