Allstate Announces Plan to Begin Writing After Generation-Long Hiatus Direct writers continue to target the Massachusetts personal auto insurance market, as one major national carrier announced it has written its first policy in the state and another says it will …
AIG American International Group has signed an agreement to sell its prime real estate holding in Tokyo for approximately $1.2 billion to Nippon Life Insurance Co. The property includes approximately one acre of land on which The AIG Otemachi Building …
TD Insurance Inc. has hired Linda Bogardus as an account manager in the Core Division of Commercial Lines. Bogardus, who is based in Burlington, Vermont, will oversee marketing and servicing large commercial insurance accounts throughout the region. She has more …
$9 Million Minimum value of settlements that the Catholic Diocese of Wilmington, Delaware estimates it will have to pay to over child sexual abuse cases. The diocese says it may have to sell assets to pay them, although they won’t …
Private weather forecaster Planalytics predicted Wednesday that the 2009 Atlantic hurricane season will produce 10 tropical storms, of which six will become hurricanes. The company said one or two of the storms were likely to become major hurricanes of Category …
An investigator hired by one of the companies at the center of an explosion that shook Danvers more than 2 1/2 years ago has dismissed the government’s explanation. Scott Davis, an engineer, said at a public meeting Wednesday that the …
The Progressive insurance company is paying the state of Massachusetts $120,000 and reimbursing customers after volunteering that its Web site had provided inaccurate rate comparisons. The Ohio-based Progressive Casualty Insurance Co. began selling policies in Massachusetts on May 1, 2008, …
Lawmakers are considering a bill that would let doctors say “I’m sorry” without admitting they made a medical mistake. Doctors have long expressed frustration that showing any compassion toward patients or their families — especially after a death following an …
The Hanover’s CEO Fred Eppinger says the specialty lines business will be a key growth engine for the Worcester, Massachusetts-based super-regional insurer in the next several years. Over the last year, revenue from specialty lines at The Hanover has grown …
The Massachusetts Senate approved an amendment banning all Internet use while driving as part of its version of the state’s upcoming budget. Drivers would be banned from sending text messages, e-mailing or reading the Internet while behind the wheel under …
