The meeting details… The next meeting of CAR’s Loss Reserving Committee will be held at the offices of Commonwealth Automobile Reinsurers, 101 Arch Street, Suite 400, Boston, on Tuesday, December 6th at 10:00 AM. More about the Loss Reserving Committee from the CAR website “The Loss Reserving Committee reviews quarterly loss development data for private passenger […]
Our quarterly look at mergers & acquisitions activity across the nation as well as here in Massachusetts.
This is The Hilb Group’s third acquisition in Massachusetts in 2017 The Hilb Group (THG) has announced another Massachusetts acquisition. On November 1, 2017, THG officially acquired HR Knowledge of Mansfield. This latest acquisition marks The Hilb Group, LLC (THG) announced today the acquisition of HR Knowledge (HRK). The transaction became effective November 1, 2017. […]
SJC ruling result in a primary insurer paying 9% and excess insurer paying 91% of every dollar paid over $1 million on large loss.
Class action settlement gets lawyers $9 million plus and average policyholder $22.02.