Massachusetts News

Five New Agents Join SAN in Q3

The Satellite Agency Network, or SAN Group, headquartered in Portsmouth, N.H., announced that its rapid growth continued during the third quarter of 2003, as it added five new Independent Agency Members, bringing the 2003 total to 12 new Members. SAN …

AIG Private Client Group Adds to Excess Flood Coverage

AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), has expanded its Excess Flood Program to 17 additional states across the country, bringing the total to 32 states nationwide. Since AIG …

Insurance Journal 80th Anniversary

One-on-One with Mark Wells, Publisher of the Insurance Journal By Charles E. Boyle Despite his still somewhat boyish appearance, Mark Wells has been the publisher of the Insurance Journal for 33 years, a long time in any industry. He took …

Insurance Journal 80th Anniversary

One-on-One with Mark Wells, Publisher of the Insurance Journal By Charles E. Boyle Despite his still somewhat boyish appearance, Mark Wells has been the publisher of the Insurance Journal for 33 years, a long time in any industry. He took …

NAII Hears N.Y. Sen. Seward Cite Fraud as Cause for Auto Premium Increases

In an address at the National Association of Independent Insurers Fall Legislative Meeting, Sen. James L. Seward, chairman of the Senate Standing Committee on Insurance, stressed the need for serious fraud reform in New York. “Insurance fraud costs New York …

ePolicy Solutions Opens Facility in India

California-based ePolicy Solutions announced that it has established “a dedicated development facility in India, through an agreement with Mastek Limited, a global IT solutions company.” President, CEO and co-founder Lou Kwiker commented: “Establishing a dedicated development center in India is …

ePolicy Solutions Opens Dedicated Development Facility in India

Torrance, Calif.-based ePolicy Solutions (www.epolicysolutions.com) announced it has established a dedicated development facility in India, through an agreement with Mastek Limited, a global IT solutions company. “Establishing a dedicated development center in India is an important business strategy for ePolicy …

NAII Supports Mass. House Bills on Auto Rates

The National Association of Independent Insurers has issued a bulletin noting that two redrafted bills in the Massachusetts Lower House, would change the effective date of the state’s Insurance Commissioner’s annual private passenger auto insurance rate decision and would improve …

S&P Assigns ‘A’ Rating to Commerce Group Mass. Subs

Standard & Poor’s Ratings Services announced that it has assigned its ‘A’ counterparty credit and financial strength ratings with a “stable” outlook to Commerce Insurance Co. (CIC) and Citation Insurance Co. Both companies are Massachusetts-based subsidiaries of The Commerce Group …

Mass. High Court Rejects Claim for Diminished Value Coverage Under State Auto Policy

The Supreme Judicial Court of Massachusetts, the highest court in the Commonwealth, ruled Tuesday in favor of The Commerce Insurance Company, overturning an April 2002 trial court decision that would have reportedly required Commerce to cover a claim for the …