A Massachusetts man has filed a federal lawsuit against the father of New England Patriots quarterback Tom Brady for allegedly failing to pay him about $600,000 in sales commissions and business expenses. Richard Vasquez, of Weston, claimed in a suit …
Beverly, Massachusetts-based personal lines insurer Electric Insurance Co., announced several new independent agency appointments in key areas of the country. The agencies that have received new appointments with Electric Insurance are: Affiliated Insurance Service Corp., of Conshocken, Pennsylvania; Novakoff Insurance, …
$205 Million The amount the state of Vermont has finally received in a lawsuit against accounts for an insurance company that went bankrupt a quarter century ago and left about 20,000 people in several states with outstanding claims. The announcement …
Barely six months into Massachusetts’ new deregulated auto insurance system — one designed to favor consumers who shop around for the best rates — fewer than one in four drivers have actually done so, according to a survey sponsored the …
Burnes Rules Out Permitting Insurers to Use Credit Scores; Goes Slow on Property Market Issues Massachusetts Insurance Commissioner Nonnie Burnes has presided over the biggest shakeup in the Massachusetts’ personal auto insurance market in generations. Over the last year, she’s …
Tonya I. Sylvester has been named a sales executive at Rogers & Gray Insurance Agency Inc. of Massachusetts. Sylvester will specialize in personal lines sales, and work out of the agency’s Canton and Plymouth offices. She brings to Rogers & …
As employers, taxpayers, consumers and charitable contributors, Massachusetts’ independent insurance agents make a $1.9 billion cumulative contribution to the Bay State’s economy last year, according to a new study by the Massachusetts Association of Insurance Agents (MAIA). Data from the …
Arthur J. Gallagher, Fuller & O’Brien Insurance brokerage firm Arthur J. Gallagher & Co. has acquired Albany, New York-based insurance broker Fuller & O’Brien Inc. for an undisclosed sum. Fuller & O’Brien is a retail broker that specializes in construction …
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. Eliminate Forced Placed Coverage Market Detail: John-Galt (SafetyNet) introduces a new insurance product eliminating force-placed …
Worcester-Mass.-based Hanover Insurance Group Inc. posted a $61.8 million quarterly net loss, as like other insurers it felt the pain of storm and investment losses, but the CEO said his company remains in excellent financial condition. The company reported a …
