December 23, 2008
A number of insurance companies in the Northeast are bringing in additional claims adjusters to respond to the needs of their hardest hit customers and help speed the recovery process from the recent string of storms that have blanketed the …
December 23, 2008
A trade group for Massachusetts insurance agents has asked the state’s top regulator to force Progressive Insurance to take down its Web site, which agents say routinely gives inaccurate quotes — particularly when comparing Progressive’s prices to its competitors. The …
December 21, 2008
West California Passed Agent-Broker Law The most notable bill affecting California agents was AB 2956, which clarifies the duties of an insurance agent versus a broker. Prior to the new law, confusion existed within the industry, with consumers, brokers, agents, …
December 21, 2008
Transactions involving agencies and brokerages other than the Brown & Brown, Arthur J. Gallagher and Hub International (see below) deals in the months announced or completed: January California: R.E. Chaix & Associates Buys Katie Freeman Insurance Services Georgia’s Britt/Paulk Insurance …
December 21, 2008
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. Baby Products MarketScout: www.marketscout.com gives agents access to a products liability market for baby products. …
December 19, 2008
One man has been killed and a neighbor taken to a hospital after a home in Scituate exploded, heavily damaging several homes nearby and breaking windows up to a third of a mile away. Fire Chief Richard Judge did not …
December 15, 2008
A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a” to UK-based Liberty Mutual Insurance Europe Limited (LMIE), a part of the Liberty International Underwriters division of Liberty Mutual Group. The …
December 15, 2008
Environmental officials say a settlement has been reached to complete the cleanup of the Shpack landfill in Norton and Attleboro, Massachusetts The landfill is a federal Superfund site contaminated with chemical and radioactive wastes. The U.S. Justice Department and Environmental …
December 15, 2008
A bill on Gov. Deval Patrick’s desk would require the state to toughen regulations on predatory insurers who target members of the military in Massachusetts. The bill would require the state Commissioner of Insurance to come up with new rules …
December 12, 2008
A Brockton, Massachusetts-area medical group and four doctors being sued by the widow of a man struck and killed by a patient has asked that the suit be dismissed. Compass Medical and the doctors are accused by Kathleen Vasa of …