The Interstate Insurance Product Regulation Commission adopted a $1.4 million 2008 budget by a vote of its full membership in a public teleconference yesterday. Following a comprehensive comment period, including a public hearing before its Management Committee last week, the …
A New Hampshire couple sued for negligence after their son molested children they were babysitting does not have coverage under their homeowners policy that has a sexual molestation exclusion, the New Hampshire Supreme Court has ruled. The Oct. 13 Supreme …
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. Privacy General Liability Nuts & Bolts: Insurebest.com is offering privacy general liability on an occurrence …
Insurer likes Hispanic market potential as well as solid performance of Mass. personal lines insurer The potential of the Hispanic insurance market is one of the factors attracting Spanish insurer Mapfre to its acquisition of the Webster, Mass.-based personal lines …
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. Privacy General Liability Nuts & Bolts: Insurebest.com is offering privacy general liability on an occurrence …
17.75% The voluntary market rate cut in workers’ compensation ordered by Delaware Insurance Commissioner Matt Denn who also ordered a 22 percent cut for the state’s assigned risk pool. He said these are the largest premium cuts since 1994. With …
Northeast Bank Insurance Group, Inc., a wholly owned subsidiary of Lewiston, Me.-based Northeast Bank, has agreed to purchase Spence & Mathews Insurance. The deal is slated to close on November 30, 2007. Founded in 1935, Spence & Mathews has 16 …
Liberty Mutual Group today announced that one of its companies – Keene, N.H.-based Peerless Insurance – intends to return to the Massachusetts private passenger auto insurance market next year after a 20-year absence. Peerless Insurance is expected to file rates …
The New England economy is expected to experience slow growth over the next six months as the region struggles with the broadening effects of the housing credit crisis and rising energy prices, according to Ross Gittell, James R. Carter Professor …
GMAC Insurance has agreed to pay a $50,000 fine to settle charges that the company sent deceptive direct mail advertising to 22,000 New Hampshire residents last year. The state insurance commissioner said the mailing contained several deceptive statements, including one …
