Massachusetts News

The Hanover Appoints Powers

Worcester, Massachusetts-based insurer The Hanover Insurance Group has named Keith A. Powers as regional vice president, Commercial Lines, for the company’s Connecticut market. Powers, who will work out of the company’s Glastonbury, Connecticut office, will be responsible for all facets …

Officials: Woman Killed in Massachusetts House Explosion

An explosion possibly caused by a gas leak leveled a house in Somerset, Massachusetts on Thursday evening — killing a woman and her dog and damaging at least two nearby houses, officials said. Neighbors said they smelled natural gas before …

Woman Blames Copter Maker and Operator for Son’s Death

A Texas woman whose son was killed when a helicopter headed to an oil platform crashed in the Gulf of Mexico is suing two companies in the death. Gayle Spikes filed a lawsuit against helicopter transportation company Rotorcraft Leasing Co. …

How Securities Lawsuits Will Affect D&O Pricing

Litigation May Result in Higher D&O Prices But Not Right Away The pace of securities lawsuit filings increased significantly in 2008 compared to recent years. There were 226 new securities lawsuits filed in 2008, which represents a 31 percent increase …

How Securities Lawsuits Will Affect D&O Pricing

Litigation May Result in Higher D&O Prices But Not Right Away The pace of securities lawsuit filings increased significantly in 2008 compared to recent years. There were 226 new securities lawsuits filed in 2008, which represents a 31 percent increase …

Florida, Georgia Among States Showing Declines in Auto Deaths

Automobile fatalities declined in 40 states in 2008, a sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association said that vehicle deaths dropped in 40 states and the District of Columbia …

Securities Lawsuit Filings Are Up, So What About D&O Pricing?

The pace of securities lawsuit filings increased significantly in 2008 compared to recent years. There were 226 new securities lawsuits filed in 2008, which represents a 31 percent increase over the 172 securities lawsuits filed in 2007, and nearly a …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Fire Protection Contractors Market Detail: McNeil & Co. brings agents the FireWatch Program. This is …

RiskProNet Elects Clarke as President

Richard G. “Dick” Clarke, senior vice president of J. Smith Lanier & Co. in West Point, Ga., has been elected 2009 president of RiskProNet International, a network of 25 independent insurance brokers in North America. Clarke is a veteran of …

Herbert H. Landy Agency Offers New Real Estate E&O Program

The Herbert H. Landy Insurance Agency based in Needham, Mass., introduced the Real Estate Express Application, an errors and omissions insurance product for independent real estate agents and brokers, real estate firms and real estate appraisal firms. The E&O program …