April 6, 2009
AIG-Gravated Protesters “We’ve had people call (executive) homes to threaten and intimidate, protesters outside homes and offices… (and) we’ve had several valued executives resign over the past few weeks. All of this hurts our efforts to unwind the business and …
April 6, 2009
Federal Aid “We need a more disciplined, structured plan for providing federal assistance following any major natural disaster.” βU.S. Sen. Bill Nelson, D.-Fla, in asking the U.S. Treasury to provide assurances to private market lenders that any loans they make …
April 6, 2009
A Haverhill, Massachusetts woman severely injured when a drunken driver struck her vehicle has been awarded $6.4 million in a lawsuit, but her lawyer said she is unlikely to see much of the money. An attorney for Stephanie Baril says …
April 6, 2009
Progressive said it will begin offering motorcycle and RV insurance in Massachusetts. The Mayfield Village, Ohio-based insurer said it will offer the coverage through its Web site as well as through independent insurance agents. The addition of these coverage come …
April 2, 2009
Massachusetts Attorney General Martha Coakley and a North Carolina insurance company have reached a settlement barring the company from using what Coakley described as unfair ratings practices. Occidental Fire and Casualty Insurance Co. has filed a rating plan to begin …
April 1, 2009
For decades, Massachusetts had some of the nation’s highest automobile insurance premiums and was the last state to have rates determined by the government, not the open market. That changed one year ago this week, as Gov. Deval Patrick and …
March 31, 2009
Chris Hall has been appointed chief financial officer at Quincy, Massachusetts-based Arbella Insurance Group. Prior to this promotion, Hall played a leadership role in developing a more sophisticated expense management system and long-term planning procedures at Arbella. Hall joined the …
March 27, 2009
Court records show that a business owner in Hudson, New Hampshire faces a federal wire fraud charge alleging that he stole roughly $100,000 from a client. Scott Drohan, owner of Juskel Services, was released on personal recognizance earlier this week …
March 26, 2009
Democrats in the U.S. House of Representatives Wednesday introduced legislation that would create a financial products watchdog to crack down on unsafe lending practices. Bill Delahunt of Massachusetts and Brad Miller of North Carolina introduced the bill to create a …
March 24, 2009
Canton, Massachusetts-based insurer OneBeacon Insurance Group Ltd has appointed Mike McSally as senior vice president of personal lines. McSally joined OneBeacon in 1997 and has served in a variety of senior leadership positions, most recently as senior vice president of …