Massachusetts News

Camps Can Be Overnight Success for Experienced Insurers

By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance. While prices generally have been on the rise, it has not stopped K&K …

Camps Can Be Overnight Success for Experienced Insurers

By and large, camp insurance is following most commercial insurance in that it is more expensive,” according to Ron Norton, a sales executive with Indiana-based K&K Insurance. While prices generally have been on the rise, it has not stopped K&K …

Ariz. HB 2192 to Protect Consumers who Depend on Structured Settlements

The Arizona Legislature passed a bill May 16 aimed at protecting consumers who depend on structured settlements, and could become the fourth state this year to enact such a law, according to the Alliance of American Insurers. Mississippi and Utah …

Hub International Names Execs for Brokerage units

Chicago-based Hub International Limited announced that Joseph P. Flanagan and Richard J. Palleschi have been named president and CEO at two of the company’s brokerage units: Flanagan at Chicago-based Mack and Parker Inc. and Palleschi at The McCarthy Companies, in …

Hub Int’l Appoints Richard J Palleschi to Head Mass. Operations

Leading insurance broker Hub International Limited announced that Richard J. Palleschi has been named President and CEO of The McCarthy Companies, its Massachusetts brokerage unit. Palleschi, previously Executive VP and COO of The McCarthy Companies, will report to Cornelius J. …

Farm & Ranch Package

Nuts & Bolts: American Reliable Insurance Company has available a program for farm and ranch. General agency or direct retail agent appointments. Also write excess policy and farm administrative certificate policy. Dollars: Policy limits of $1,000,000/$2,000,000; deductibles of $250, $500, …

Texas Offers IIABA’s First Virtual University Online Education Course

The first online continuing education course offered through the Independent Insurance Agents and Brokers of America’s (IIABA) Virtual University has been unveiled—in Texas. The course is available on the Independent Insurance Agents of Texas’ (IIAT) Web site, www.iiat.org/educate/ce_online.htm. That may …

School & Municipality Programs

Nuts & Bolts: Professional Underwriters reintroduced the Textbook Insurance Program, for public and private schools, and the Community Works Insurance, for municipalities and public entities. The Textbook Insurance Program was designed specifically for public and private schools, offering a complete …

InsurBanc Notes One-Year Anniversary

InsurBanc, the federal savings bank developed by the Independent Insurance Agents & Brokers of America (IIABA) to serve independent agents and brokers and their clients, has marked its first anniversary. “As we celebrate our first anniversary, InsurBanc is surpassing expectations …

A.M. Best Downgrades Horace Mann Ratings

A.M. Best Co. has assigned an initial debt rating of “bbb+” to Horace Mann Educators Corporation’s Springfield, Ill., existing $100 million senior notes due 2006. In addition, A.M. Best assigned a “bbb+” to the $150 million convertible note offering due …