March 21, 2017 – The Hanover announced its agreement with Encompass after the Allstate subsidiary notified the Division of Insurance that it would be officially withdrawing from the personal lines marketplace in Massachusetts.
AmTrust, an acquirer of the Tower Group, is restating financials and changing reserves harking back to the Tower Group’s problems.
March 16, 2017 – The Cambridge-based insurtech start-up now has a total of $6.6 million in funding.
March 20, 2017 – The documentary will have its world premiere in a month’s time at the Wang Center.
March 20, 2017 – Details on three different scholarships currently being offered by the New England 1752 Club and the MAIW’s Essex Chapter.
March 17, 2017 – The SAN Group is the largest alliance of independent insurance agencies in the Northeast.
The Board of Directors announced Mr. Murray’s election on March 8, 2017.
March 6, 2017 – Quilt’s Blair Baldwin discusses the company’s vision and why he sees the start-up as co-existing with rather than co-opting the independent agent.
February 8, 2017 – Mr. Judson has been the Commissioner of Insurance since April 2015.
February 6, 2017 – PIMA stands for the Professional Insurance Marketing Association.
January 31, 2017 – Founded in 1954, Cross Insurance is now the 18th largest Property & Casualty insurance agency in the country.
January 16, 2017 – If it wasn’t interesting enough that AskKodiak is an insurtech startup aimed at helping agents and carriers, it is also based in Massachusetts.
In a March 2017 decision, the MA Appeals Court rules motor vehicle property damage total loss payment does not include sales tax absent proof claimant replaced vehicle and paid sales tax.
Insurers using “retail book value” for valuing total losses under the Massachusetts Commissioner’s auto repair regulations ruled on by the Appeals Court.
December 16, 2016 – A forensic accounting firm supplying accounting-related services to insurance companies for claims was indicted by federal grand jury on December 14, for filing an income tax return failing to report as income $594,217.19 embezzled from an insurance company client.
December 6, 2016, A Superior Court decision decides in a Massachusetts insurer can refuse to continue an appeal if there is no reasonable prospect of success.