Massachusetts News

An Exact Science: Insuring Biotech Takes Know-How

As far as commercial property and casualty coverages are concerned, it goes without saying that individual companies require specific types of policies to most effectively address risks inherent to their industries. The biotechnology industry is no exception—on the contrary, it …

Town North Bank Hires BIS for Agency Services

Town North Bank, headquartered in Dallas, hired Banc Insurance Service Inc. (BIS), a provider of turnkey insurance agency solutions for financial institutions, to provide the bank with insurance agency services. The companies announced that the newly formed agency, Town North …

DriverShield Names New President

DriverShield Corp. of Ronkonkoma, N.Y. appointed John McIntyre as its new president. McIntyre has been a member of DriverShield’s Board of Directors since October 2001. Gerald Zutler, who has served as President and COO of the Company since 1998, is …

Mass. Fraud Bureau to Host Claims Fraud Conference

The Insurance Fraud Bureau of Massachusetts will host a conference Nov. 7-8 to discuss new technologies and techniques used to prevent insurance claim fraud. Entitled “Insurance Claim Fraud: Developing the Models and Mining the Data,” the conference will be held …

ManagedComp Distributes $5M in Workers’ Comp Surplus

ManagedComp Inc., a Woburn, Mass.-based national worker’s compensation underwriter and third party administrator, plans to distribute $5,432,000 in surplus to four self-insurance groups (SIGs) in Massachusetts. ManagedComp has administered and managed workers’ compensation claims for the groups since 1989 distributing …

Bunker Hill Obtains Conn. License

Bunker Hill Insurance Company of Boston has received a license from the Connecticut Department of Insurance to sell homeowners policies in that state. Represented by independent agencies, Bunker Hill expects to issue policies that will be effective in early Jan. …

Adjusting Our Focus

It was a beautiful fall morning. I had been running late, and then had gotten lost in the rolling hills of Northern New Jersey on the way to a meeting, but the cool breeze brushed away my concerns. The meeting …

Adjusting Our Focus

It was a beautiful fall morning. I had been running late that morning and then had gotten lost in the rolling hills of Northern New Jersey on the way to a meeting, but the cool breeze brushed away my concern …

Special Events

Nuts & Bolts: Big “I” Markets, an online market-access program created by the Independent Insurance Agents & Brokers of America (IIABA), is now offering short and long-term event liability insurance that association members in 36 states and the District of …

ACE to Sponsor N.Y. Firefighters at World Firefighters Games

The ACE Group of Companies announced it will provide funding for 20 New York City firefighters to compete in the World Firefighters Games in New Zealand. While in New Zealand, the participating New York City firefighters will also be guests …