Key Industry Trends according to the Forward50 Americas report
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Latest News

New Reporting Requirement for Small Businesses Begins January 1, 2024
Brief Summary of Implications for Insurance Agencies

Patriot Growth Insurance Services Raises $500 Million in New Funding Round
Infusion of Funds To Help Continue Its Aggressive Growth Strategy

New Advocacy Group, InsurTech Coalition, Launches
Insurtech companies unite to foster responsible innovation, usher in new regulatory frameworks, and promote accountability.

Uber Pitching NY Settlement Framework To Mass. Lawmakers
Trial Slated to Start on May 13, 2024

Report Card: State Keeping Pace With Climate Goals
Most Intense Decarbonization Period Nearing: 2025 – 2030

Negative Outlook Continues for U.S. Personal Lines Insurance Segment Facing Challenges in 2024
AM Best Stays the Course in Its Negative Market Segment Outlook

Ransomware and Supply Chain Attacks Drive Rising Cyber Insurance Claims
Ransomware Claims Surge After Period of Stabilization
Insurance Coverage Cases

A New Lawsuit: Harvard’s $15 Million Dispute With Its Broker Marsh

Claims-Made Policy Snares Another: Preservation Trust Loses Coverage For Late Notice

Appeal Denied: Allstate Agents’ Wrongful Termination Claim Falls Flat

The Pitfall of Late Notice: Harvard’s $15 Million Coverage Loss

GEICO Faces Legal Battle as Captive Agent’s Lawsuit Advances

Loaner Car Liability: New MA Supreme Court Decision Has Insurance Implications

Court Affirms Landlord’s Recovery of $1 Million of Its Common Area Fatality Settlement From Its Tenants’ CGL Policies

The Saga Ends: No Class Certification for IDV Claimants Against Commerce & Safety
Economic & Legislative News in Massachusetts

Tax Collections Not Keeping Pace As State Spending Soars
November Receipts Miss Benchmark By $274 Million

Healey Pledges To Enforce Rezoning Mandate
Pledges To Take Enforcement ” Very Seriously”

Mass. Eyes Trillion-Dollar State Club
Hao Says Eco-Dev Policies Aim To Help State Ride Sector “Tailwinds”

Uber Pitching NY Settlement Framework To Mass. Lawmakers
Trial Slated to Start on May 13, 2024

Report Card: State Keeping Pace With Climate Goals
Most Intense Decarbonization Period Nearing: 2025 – 2030

Cooling Economy May Sharpen Focus On Competitiveness
Economists Say It’s Time To Position State For Next Round of Growth
Company News

The Concord Group Earns 2023 Great Place To Work Certification™ Bedford, NH

SIAA’s Fall Business Meeting & Growth Summit Shines with A Pink Evening in Boston

Progressive Surpasses 1,000 Vehicles Donated to Military Families with 11th Annual Keys to Progress Program

Concord Insurance Group Rated A+ Superior by AM Best
New England Newswire

New Hampshire Insurance Department Urges Collaboration and Expresses Concerns Regarding Federal Insurance Office’s Climate Related Data Call Proposal
By AC Editor
New Hampshire Insurance Department Issues Formal Response to FIO Request

Connecticut Will See A 10% Decrease in Workers’ Compensation Rates in 2024
By AC Editor
Connecticut Insurance Department Approves Tenth Consecutive Year of Rate Decreases

New Hampshire Insurance Department Announces Confirmation of DJ Bettencourt as Insurance Commissioner
By AC Editor
Was Nominated by Governor Christopher Sununu

New Hampshire’s Insurance Department and Secretary of State Reach Settlement with Northwestern Mutual
By AC Editor
Numerous, unlawful emails were sent from Northwestern Mutual branch offices in New Hampshire.
InsurOp-Eds

Born and Bred in the Bay State: The Special Agent Story
By AC Editor

InsurOp-Ed: The Invisible But Potentially Catastrophic Homeowners Exclusion That’s Not An Exclusion
By Bill Wilson

InSurOp-Ed: On This Day 30 Years Ago: What I’ve Learned

InsurOp-Ed: Horrible Policy Forms and Endorsements To Avoid or Be Wary Of
By Bill Wilson

InSurOp-Ed: What ChatGPT Says About Exclusions in Insurance Policies…
By Nina Kallen

InSurOp-Ed: Auto Insurance and Resident Adult Children
By Bill Wilson

How ChatGPT Says AI Will Change The P&C Insurance Industry Over the Next 10 Years
By AC Editor

InsurOp-Ed: 3 Sources of Coverage Gaps That Lead to Claim Disputes
By Bill Wilson
Interviews

Making The Leap From Corporate to Entrepreneur: Nadeen Vella On Building NaVella Insurance From Scratch

John Mina Reflects on Risk Strategies’ Rise from Boston Agency to National Broker

The Personal Insurance Shoppers: How The A.P. Michaud Agency’s Personalized Approach Has Set Them Apart

A Q&A With Bill Martin of Bunker Hill: Big Data And Quoting Convenience Are Key To Bunker Hill’s Massachusetts Plans

From Commissioner To Coverys: Incoming CEO Joseph Murphy On His New Role, New Challenges, And Optimism For the Future

Renaissance Man: Renaissance Alliance’s Bruce Cochrane & His Career In the Massachusetts Insurance Industry

In Real Time With Steve Aronson of Aronson Insurance

Infusing New Ideas and Energy Into One of Boston’s Oldest Insurance Institutions
Ratings & Results

Negative Outlook Continues for U.S. Personal Lines Insurance Segment Facing Challenges in 2024
By AC Editor
AM Best Stays the Course in Its Negative Market Segment Outlook

Liberty Mutual Results Stay Afloat in Q3-2023
Inflation and Severe Weather Impact Earnings

Q3 2023 Results: Progressive Bucks the Trend with Higher Earnings
Unlike Most Insurers, Progressive Issues Its Results on a Monthly Basis

Q3-2023 Results: Hanover’s Net Income Plunges 91%
$195M Catastrophe Losses Cited as Catalyst for Drop in Earned Premium

Selective Insurance Delivers Strong Growth Amid Elevated Catastrophe Losses
The company’s combined ratio increased 5.7% year-over-year to 100.2%.