Massachusetts News

Risk Transfer Alliance Acquired by Hub International

Hub International has acquired a New England-based retail agency that specializes in property/casualty insurance and related risk management services for the health care industry. Risk Transfer Insurance Alliance (RTIA) is based in Southborough, Massachusetts — with additional offices in Shelton, …

Oregon Median Auto Insurance Rate Now $577 per Household

The median six-month auto insurance rate in Oregon has decreased approximately 4.3 percent over the past six months to reach $577 according to InsWeb, an online insurance comparison provider. InsWeb also reported Oregon median auto insurance rates segmented by specific …

Massachusetts AG Wants New Regulations for Insurers, Agents

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 last …

Report: Massachusetts Doctors Under Increasing Pressure

The Massachusetts Medical Society says the state’s doctors are under increasing pressure from a series of factors — including malpractice insurance prices — a trend that could undermine patient care. The doctor’s group report released Tuesday cited four major concerns, …

DiNardo Joins Provider Insurance in Massachusetts

Massachusetts insurance agency Provider Insurance Group has hired Peter A. DiNardo as a commercial lines account executive. DiNardo has more than 12 years of experience, specializing in property and casualty insurance for the technology industry. Before becoming an insurance agent, …

Road Hazard: 20% of U.S. Drivers Would Flunk If Given Driving Test

The nation’s most knowledgeable drivers are in Idaho, Wisconsin, Montana and Kansas, while the least knowledgeable are in New York, New Jersey, Hawaii and California. That’s according to results from the 2009 GMAC Insurance National Drivers Test, which found that …

Senate Approves Financial Reform Bill

The U.S. Senate approved a sweeping Wall Street reform bill Thursday night, capping months of wrangling over the biggest overhaul of financial regulation since the 1930s. By a vote of 59-39, the Senate approved S. 3217, the “Restoring America’s Financial …

John M. Glover Agency Acquires APS San Angelo in Connecticut

John M. Glover Agency has acquired APS San Angelo Insurance Agency based in Waterbury, Connecticut. Terms of the deal were not released. APS San Angelo has been doing business in the Waterbury area for over 50 years. John Forlivio, president …

CCIR Commends EU for Opposing US Reinsurance Proposals

The Coalition for Competitive Insurance Rates (CCIR) has issued a bulletin commending the European Union for “speaking out against a controversial tax proposal on affiliated reinsurance included in President Obama’s FY2011 budget proposal. In a series of letters sent to …

Chartis Expands Hurricane Services to Cape Cod

Chartis has expanded access of the advanced disaster preparedness and post-hurricane resources of its Private Client Group’s Hurricane Protection Unit to homeowners in the Massachusetts counties of Barnstable, Dukes and Nantucket. Private Client Group’s Hurricane Protection Unit assists policyholders with …