James “Jim” Caldwell McFadden, an insurance industry veteran, died Tuesday, Aug. 26 in his sleep. Survivors include his son, James C. McFadden Jr., and daughter Nicole McFadden of Half Moon Bay, Calif. His loyal companion Buddy, a Boston terrier, also …
Rising costs of medical care, vehicle repair, jury awards, automobile theft and fraud are expected to drive up auto insurance rates by six percent in 2004, according to an analysis by the Insurance Information Institute (I.I.I.). The projected increase represents …
The Board of Directors of Boston’-based Safety Insurance Group, Inc., one of Massachusetts leading personal auto insurers, approved a $0.10 per share quarterly cash dividend on its issued and outstanding common stock, payable on September 15, 2003, to shareholders of …
AP Insurance Brokers, Inc. an insurance wholesale and program administrator, recently signed a contract with Custom Insurance Solutions (CIS) for the Agency Information Manager (AIM) system. Under the agreement, the two companies will partner together to provide integration between AIM …
Pennsylvania’s Agriculture Secretary Dennis C. Wolff announced that the state’s “AGR-Lite” crop insurance protection program’s maximum policy size has been raised to $250,000, from the original $100,000 ceiling. The program is an improved and streamlined version of the “Adjusted Gross …
The Commerce Group, Inc. announced that the Board of Directors of Directors of the Massachusetts-based personal and commercial P/C insurer has approved a regular quarterly cash dividend of $0.32 per share on the issued and outstanding common stock of the …
The St. Paul Companies announced the creation of a new regional territory to address the business growth and distribution opportunities in the New England corridor, which includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont and upstate New York. The …
The American Insurance Association warned that the Massachusetts Insurance Commissioner’s decision to maintain the “fix-and-establish” rate-setting mechanism is bad news for most Massachusetts drivers. “The ‘fix-and-establish’ system is simply government price fixing,” stated Paul Moran, AIA vice president, northeast region. …
Natick, Mass.-based edocs Inc. announced the immediate availability of a new set of pre-packaged offerings for financial services. Called Focused Solutions, the new offerings bundle industry best practices and best-in-class software functionality with required integration and professional services to enable …
Like most other industries, clubs have been impacted a great deal by the hardening market. While recent pricing has improved slightly, clubs still face pricing, stability and consistency issues with respect to their insurance. I’m sure we’ve all received the …
