October 7, 2003
Phillip Mason, president of Massachusetts-based Mason & Mason Technology Insurance Services (TIS) was recently elected to serve TechAssure Association, Inc. as its chairman. TechAssure is comprised of independent regional insurance brokers located across the United States. Mason & Mason’s clients …
October 6, 2003
Nuts & Bolts: Helix Insurance has a market available for healthcare environmental liability. Dollars: $1 million per claim/$5 million Agg. Deductibles of $0 physician groups/$5,000 institutions. Minimum premium of $2,000. Carrier: USF Insurance Co., “A” Rated. Non-admitted market. States Available: …
October 6, 2003
Louise “BeBe” Canter, senior vice president of Patterson/Smith Associates, Falls Church, Va., was installed as president of the Independent Insurance Agents & Brokers of America Inc. (IIABA) during the association’s InfoXchange, held in Las Vegas Sept. 21 – 24. Canter’s …
October 6, 2003
Louise “BeBe” Canter, senior vice president of Patterson/Smith Associates, Falls Church, Va., was installed as president of the Independent Insurance Agents & Brokers of America Inc. (IIABA) during the Association’s InfoXchange, held in Las Vegas Sept. 21 – 24. Canter’s …
October 3, 2003
Chicago-based brokerage Hub International Ltd. announced the acquisition of the assets of Commonwealth Insurance Agency Inc., headquartered in Lowell, Mass. The firm, with approximately $300,000 in annual revenue, was purchased for an undisclosed amount of cash. Commonwealth specializes in arranging …
October 2, 2003
Chicago-based Hub International announced two new acquisitions to its growing network of regional brokerages. It has acquired the stock of Sondheim & Laughlin, Inc. of Iselin, New Jersey and the assets of Commonwealth Insurance Agency, Inc. of Lowell, Massachusetts, both …
October 2, 2003
Three Massachusetts insurance agencies have changed their names to better reflect their affiliation to their parent company, Banknorth Group, Inc. Effective immediately, Palmer-Goodell Insurance Agency in Springfield, Mass., Catalano Insurance Agency in Methuen, and Waters Insurance Agency in Topsfield will …
October 2, 2003
A statement, issued by financial consultants North Bridge Advisors, gives details of the acquisition by its client, Leesport Financial Corp., of Wyomissing, Penn, of CrosStates Insurance Consultants, Inc., a full-service insurance agency specializing in personal and commercial property-and-casualty insurance. Headquartered …
September 30, 2003
Massachusetts-based Commerce Group, Inc. announced that it has filed a registration statement with the Securities and Exchange Commission for a public offering of $300 million of senior unsecured notes. The Company said it is “planning to use the proceeds obtained …
September 29, 2003
Consolidated Billing Company (CBC) of Fort Lauderdale, Fla., reported that Timothy G. Staaf has joined the company as regional sales manager responsible for business development, sales and marketing in the Eastern sector of the United States. A national third-party administrator, …