The Massachusetts economy could be battered if a major storm were to hit the metropolitan Boston area because the state’s homeowners insurance market is undercapitalized, the state’s insurance regulator is warning. A major storm hitting the metropolitan Boston area would …
While the Massachusetts insurance regulator is warning about problems in the homeowners market, another insurer has decided it can’t continue to write homeowners insurance on Cape Cod. Starting April 1, Vermont Mutual will stop renewing about 4,700 homeowners and 400 …
Surplus Supporting Homeowners Market (80%) MA $980 M $32 B 32.9 CT $637 M $55 B 86.1 ME $193 M $41 B 212.7 NH $192 M $44 B 228.6 RI $162 M $36 B 220.8 VT $104 M $47 B …
While the Massachusetts insurance regulator is warning about problems in the homeowners market, another insurer has decided it can’t continue to write homeowners insurance on Cape Cod. Starting April 1, Vermont Mutual will stop renewing about 4,700 homeowners and 400 …
Gov. Tim Keane explains why drivers will pay 6 N.J. looks back at claims-made Court allows policy where insured declined retroactive rider 6 Welders forge Maryland liability victory Pollution exclusion does not encompass welding rod liability N1 Risk models show …
Mass. needs new insurance capital to weather big storm The Massachusetts economy could be battered if a major storm were to hit the metropolitan Boston area because the state’s homeowners insurance market is undercapitalized, the state’s insurance regulator is warning. …
Thousands of credit card numbers were stolen from a state government Web site that allows residents to register their cars and buy state permits, authorities said Friday. The private company that runs RI.gov told the state that 4,118 credit card …
Massachusetts is facing a shortage of insurance capital that could jeopardize the state’s entire economy, especially if a major storm hits the metropolitan Boston area, the Commonwealth’s insurance regulator is warning. A major storm hitting the metropolitan Boston area would …
A Roman Catholic church in Manhattan has sued the Travelers Casualty and Surety Co. charging breach of contract, claiming the insurance carrier has improperly refused to pay $1.22 million stolen by a priest. The Church of St. John the Martyr, …
Another insurer has decided it can’t continue to write homeowners insurance policies on Cape Cod. Starting April 1, Vermont Mutual will stop renewing about 4,700 homeowners and 400 dwelling policies, Tom Tierney, president of the insurer, confirmed to Insurance Journal. …
