Mark McDonnell Will Take the Helm on January 1st
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Latest News
Former LG And AG Frank Bellotti Dies At 101
Mr. Bellotti played a pivotal role in the formation of Arbella
MountainOne Insurance Expands in Pioneer Valley with Acquisition of McClure Insurance Agency
Second Acquisition in Pioneer Valley For The Agency This Year
Dorchester Business Owner Sentenced for Employment Tax Fraud
Although not part of the plea agreement, Mr. Tren also lied to his insurer Travelers
Massachusetts Finally Makes The Grade!
For First Time in 12 Years Massachusetts Earns An A on R Street Report Card
Needham’s NorthStar Insurance Services Joins World Insurance
Acquisition Announced on December 5th After Closing Earlier This Year
Five Indicted in Multi-State Fraud Scheme To Obtain Driver’s Licenses For Over 1,000 Individuals
Defendants allegedly conspired to apply for licenses through false applications
Massachusetts DOI Approves Hospitality Mutual’s Reorganization Plan to Form Mutual Holding Company
HMIC Will Convert to Hospitality Group Mutual Insurance Holding Company (HGMIHC)
Insurance Coverage Cases
Massachusetts CGL Coverage Split: First Circuit’s New Ruling Changes Risk Landscape
AmGuard’s Unique Endorsement Leads To Both Coverage and 93A Liability
176D Claim Violation: Zurich Hit With A $2.8m Penalty
No Duty to Defend? New Case Sheds Light on Indemnity-Only Coverage
Strict Notice Rule Prevails: First Circuit’s Message to Massachusetts Insureds
Appeals Court Rules Construction Defects Have No CGL Coverage
Court Upholds Exclusion: $750K Defense Costs Lost
Judge Rules New York Law Applies, Dismissing Harvard’s Contract Claims: Leaving Negligence
Economic & Legislative News in Massachusetts
Legislature Whisks Substance Use Disorder Bill To Healey
Includes New Insurer & Life Insurer Provisions Regarding Reversal Drugs
Data: Average Greater Boston Household Spending Surpasses $101,000 Per Year
Housing, Food and Transportation Expenditures Accounted for 60.9% of Boston Area’s Average Household Budget
Prices Rising Faster Than Sales In Mass. Housing Market
New Threshold Crossed in November
Three-Year Bachelor’s Degrees Grab Board’s Attention
NECHE Gave a Green Light to Merrimack College in North Andover and New England College in New Hampshire to Develop a Three-Year Program
Survey Captures Deepening Pinch Of Health Care Costs
Average Monthly Premium for Single Coverage Higher in Massachusetts Than Nationally
More Than 9 in 10 Police Departments Now Issuing E-Citations
Total Paper Citations Dropped by Roughly Half From July to October
Company News
The Boston Globe Names FBinsure a Top Place to Work in 2024
The Iroquois Group changes its name to Ironpeak
Union Mutual Pledges Multi-Year Financial Commitment to Hunger Free Vermont
More Than Half of Gen X Investors Support Parents or Children, Forcing Early Retirement Withdrawals & Debt
New England Newswire
New Hampshire Insurance Department Releases 173rd Annual Report, Showcasing Continued Consumer Protections and Market Achievements
The 173rd Edition Issued By The Department
Providence Mutual Enters Agreement with Plymouth Rock for CT & NH Auto Policies
Providence Mutual Is Exiting Auto Insurance In A Total of Four States
Governor Lamont Announces Businesses Will Receive a 6% Decrease in Workers’ Compensation Rates in 2025
Connecticut Insurance Department Approves Eleventh Consecutive Year of Rate Decreases
Connecticut Individuals & Businesses: Two Weeks Left to Apply For Federal Disaster Assistance From August Floods
Notice Pertains To Those Living in Fairfield, Litchfield and New Haven Counties
InsurOp-Eds
InsurOpEd: Starting A New Chapter in My Life
InsurOp-Ed: Shrinkflation and Insurance
InsurOp-Ed: Transitioning to The Gallagher Way
The $1 Billion Blunder: How CrowdStrike’s Update Exposed Insurance Gaps
InSurOp-Ed: One of the Most Often Misinterpreted Liability Exclusions
InSur-Op-Ed: Claim Denials and Agency Accommodations
Born and Bred in the Bay State: The Special Agent Story
InsurOp-Ed: The Invisible But Potentially Catastrophic Homeowners Exclusion That’s Not An Exclusion
Interviews
Proactive Tactics: How To Help Your Insureds Be Happy Amidst Rising Rates
Talking with Richard Welch: Growth and Innovation at Hospitality Mutual
A Conversation with Daniel C. Bridge – The 2023 Insurance Professional of the Year
Making The Leap From Corporate to Entrepreneur: Nadeen Vella On Building NaVella Insurance From Scratch
A North Shore Success Story: The $40 Million And Growing Duffy Family of Insurance Agencies
21 Facts About Eastern Insurance’s New President
John Mina Reflects on Risk Strategies’ Rise from Boston Agency to National Broker
RogersGray On Its Decision to Partner with Baldwin Risk Partners and Its “Merry Band of Insurance Geeks”
Ratings & Results
Concord Group Insurance Companies Rates A+ Superior
Affirmed For Fifth Consecutive Year
Hanover’s Strong Q3 2024 Results: Strategic Initiatives—Managing Liability Exposure
Year-Over-Year Performance Shows Remarkable Turnaround
The Hartford Announces Excellent Third Quarter 2024 Financial Performance
Increased quarterly common dividend per share by 11%
Liberty Mutual Hints At Significant Hurricane-Related Losses in Q3-2024
Combine Hurricane Losses From Helene and Milton Could Reach Nearly $900 Million, Pre-Tax
Liberty Mutual Reports Strong Q2 2024 Results, Showing Significant Turnaround
Expense management shows results
