Massachusetts News

Growth of Craft Beer Industry Brews Plenty of Opportunity for Insurance Professionals

Industry’s Sophistication Rises, And So Do the Risks The beer industry, like many others, has been impacted by the economy with one notable exception: craft brewers. The microbrewery, brew pub and brewery industries have actually seen sales jump in the …

Travelers Names 20 Personal Lines Agents of the Year

Travelers recognized 20 personal lines agents with its Agent of the Year award. Winners were picked for their community work, as well as high achievements in their lines of business. They are : Georgiana Carney, Pearl Carroll & Associates, Latham, …

Mass. Court: Lease Agreement to Buy Insurance Trumps State Law

A lease agreement to buy insurance for a landlord trumps a state law that prohibits property owners from requiring tenants to indemnify landlords for their own negligence, Massachusetts highest court ruled. The decision centers on an appeal brought by Cummings …

The Times They Are A-Changin’

How Agents Can Manage Technology Change Changes in technology such as real-time processing and more competition coming from every side are spurring agency owners to change their operations in order to survive and thrive. But implementing change is never easy. …

Business Moves

Foremost Foremost Insurance Group has launched its DistinctChoice Auto program in Connecticut. The auto program features increased limits, deductible options and coverages. The program also offers broad eligibility and discounts, including multi-policy discount and a five-year accident/violation free discount. PURE …

People

TD Insurance Inc. in South Portland, Maine, has hired Leah K. Halsey as an account executive in employee benefits. She is responsible for working with employers throughout northern New England to design, implement and manage their various employee benefit programs. …

People

Washington, D.C.-based Clements International, which specializes in insurance for U.S. expatriates and international organizations, announced four promotions. Dan Tuman, former vice president of commercial insurance, is now vice president of insurance sales. He joined Clements International in 2000 and has …

30 Terry Lisotta, former CEO of Louisiana Citizens Property Insurance Corp. was sentenced to 30 months in prison for improperly spending more than $29,000 of the company’s money on lavish meals, trips, sports tickets and his daughter’s prom party. He …

NIF Group Introduces Coastal Homeowners Product in Northeast

NIF Group, Inc., a program administrator, MGA and specialty brokerage firm, has created a product for homeowners. The program is available in New York, New Jersey, Rhode Island, Connecticut and Massachusetts and focuses on coastal risks. An HO-3 and HO-8 …

Hiscox USA Opens Southeast Regional Office

Hiscox USA has opened a Southeast regional office in Atlanta, Georgia. The office, which is led by Robert Gadaleta will serve as a regional hub for brokers in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. …