Massachusetts News

Declarations

Fine With Us “We understand that the attorney general’s role is to protect consumers, and we wholeheartedly support that goal.” —Leah Knapp, spokeswoman for Progressive, which has agreed to pay $120,000 in fines for providing inaccurate auto insurance rates to …

It Figures

$10 Million Amount sought by a New York woman who claims two neurosurgeons twice operated on her for brain and spinal cord problems she didn’t have. Kristy Pirozzolo is suing Long Island doctors Paolo Bolognese and Thomas Milhorat, claiming she …

Business Moves

Hiscox Hiscox, an international specialist insurer, has opened an office in Miami to further expand its U.S. operations. The Miami office, which is located in the heart of the Brickell area, will serve brokers in the Southeast. The lines of …

Business Moves

The Hanover Specialty lines business will be a key growth engine in the next several years for Worcester, Mass.-based The Hanover, according to CEO Fred Eppinger. In the past year, revenue from specialty lines at The Hanover has grown from …

Ratings: 1st Choice Auto, Commerce, Dorinco, Battle Creek, Met Life Auto & Home, Toyota

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B++’ (Good) and upgraded the issuer credit rating (ICR) to “bbb+” from “bbb” of 1st Choice Auto Insurance Company, Inc., and has revised its outlook on the ratings to …

Main Street America Expands New BOP Into Mass., Conn. and N.C.

The Main Street America Group, a super regional property/casualty insurance carrier, is making its Main Line business owners’ policy (BOP) product and Main Street Station for commercial lines quoting and policy issuance system available to its independent agents in Massachusetts, …

Beacon Hill Associates Offers Workers’ Comp Product

PartnerOne Environmental, the underwriting division of Virginia-based wholesaler Beacon Hill Associates, says it can now offer workers’ comp coverage in conjunction with general liability or contractors pollution liability Coverage is provided by a group of A+ Rated insurance carriers with …

Northeast’s ProMutual to Buy Michigan Medical Liability Insurer FinCor

Massachusetts-based medical liability insurance company Medical Professional Mutual Insurance Co., known as ProMutual, will acquire medical liability insurer and risk management company FinCor and its subsidiaries. ProMutual, a member of ProMutual Group, said it is is acquiring Lansing, Michigan, based …

DeCotis Names Haughey as Operations Manager

DeCotis Insurance Associates Inc. has named Devin B. Haughey as chief operations manager. Haughey will oversee the general management and operations of DeCotis, which is an independent excess, surplus and specialty lines firm with offices in Providence, Rhode Island and …

Steiff Worker Files $80M Sexual Harassment Suit

A marketing executive for the German toy maker Steiff filed an $80 million lawsuit Monday accusing the company’s CEO of raping her in a car during a yearslong campaign of unwelcome advances. Jane Collins’ lawsuit says the company, known for …