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New Hampshire News

Personal Lines Leaders

Agency Name 2006 Personal Personal Total 2006 Main Office Main Office Web site Lines Lines P/C Premiums City State Premium Revenue Written 1 Keystone Insurers Group $316.0 million $39.5 million $790.0 million Northumberland Pennsylvania www.keystoneinsgrp.com 2 The Leavitt Group $300.0 …

Personal Lines LEADERS

About the Personal Lines Leaders: The Personal Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only the personal lines numbers of agencies that submitted …

Aetna Buys Schaller Anderson Inc. for $535 Million

Aetna Inc. in Hartfors, Con. has agreed to buy a Phoenix-based company that manages health care for Medicaid plans and administers employers’ self-funded health plans. The Hartford-based insurer announced Thursday that it will buy privately owned Schaller Anderson Inc. for …

Sens. Sununu, Johnson Reintroduce Optional Federal Charter Legislation

United States Senators John Sununu, R-NH, and Tim Johnson, D-SD, reintroduced “The National Insurance Act of 2007,” legislation that aims to modernize insurance industry regulation by providing an optional federal charter (OFC) for insurers. Under the legislation (SB 40), insurers …

‘Apprentice’ Reject Who Claimed Age Discrimination Settles Lawsuit

A 51-year-old man who claimed he never had the chance to hear “You’re fired” on Donald Trump’s “The Apprentice” because he was too old has settled a lawsuit against the real estate mogul. A federal judge in U.S. District Court …

The Courage to Compete: The World According to Greenberg

In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG was no longer selling other companies’ policies but …

People

The Main Street America Group announced that Steve Berry has joined the super regional property/casualty insurance carrier as president of its New England Region. Berry, who has background leading property/casualty sales operations in the New England marketplace, will report to …

Bringing competition and choice to Mass. auto

The 400 insurers of the American Insurance Association have seen the favorable results for the public as well as insurers when states have worked to increase competition and relax unproductive regulatory restraints. Recent legislation in Massachusetts (H. 1023) makes great …

News Currents

Agents advised: fundamental shift in compensation coming Contingent commissions for agents and brokers should be watched by regulators but these profit-sharing arrangements do not necessarily have to be eliminated, according to a leading insurance consumer advocate. “I think they need …

My New Markets

Antique Home Insurance Nuts & Bolts: MiddleOak is offering the insurance designed exclusively for antique homes. Comprehensive coverage (similar to a high value home policy) for pre-1930 homes with coverage at $250,000 to $5 million. Endorsed by a historical trust. …