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Latest News

No Further Appeal On Insurers Deducting Excess Storage Fees From Total Loss Settlements

August 9, 2022

Update on Appeals Court decision on auto insurers offsetting excessive storage charges against insured’s total loss payment becomes final.

Agency Checklists, MA Insurance News, Mass. Insurance News

4-year Jail Sentence For Business Owner Burning A Building With Intent To Defraud An Insurer

August 9, 2022

The defendant committed arson in order to obtain an insurance fraud payout.

4th Look 2022: The Massachusetts Commercial Auto Insurance Marketplace

August 9, 2022

Our bi-monthly look at the state of the commercial auto insurance marketplace in Massachusetts as of May 2022.

Mary Boyd To Receive The 2022 Insurance Professional of the Year Award

August 8, 2022

Ms. Boyd is Plymouth Rock’s President & CEO

CAR, Commonwealth Automobile Reinsurers

Two Governing Committee Seats Freed Up For Independent Agents At CAR

August 2, 2022

Law Change Frees Up Two Governing Committee Seats For Producers

Top Boiler & Machiner Insurers in Massachusetts

Top 10 Insurers Boiler & Machinery | 2022 New England Market Share Report

August 1, 2022

FM Global is the top insurer om every New England state.

Agency Checklists, MA Insurance Jobs, Hub International, MA Insurance News, Mass. Insurance News, MA Insurance Jobs

Hub Expands Stop Loss Services With Mass-based Stop Loss Insurance Brokers

August 1, 2022

Stop Loss Insurance Brokers is an independent broker based in Boston.

Agency President Sentenced for Embezzling $300,000 In Insurance Premiums

July 31, 2022

A Massachusetts insurance agent pleaded guilty to stealing insurance premium totaling $295,278 from five small businesses.

Agency Checklists, MA Insurance News, Mass. Insurance News, Mass. Non-Compete Agreements, Are Non-Competition Agreements valid in Massachusetts?

Producer’s Non-Compete Void Under New 2018 Law

July 26, 2022

Recent Business Litigation Session Decision Regarding Insurance Agency’s Attempt to Enforce A Covenant Not To Compete.

Massachusetts insurance insurtech Openly

Openly Opens Openly Insurance Company

July 25, 2022

New Insurance Carrier is Based in South Carolina

Insurance Coverage Cases

New Rule Would Make Insurers Pay Insured For Preventing An Insured Loss

New Rule Would Make Insurers Pay Insured For Preventing An Insured Loss

June 14, 2022

Front view of the Quincy Mass. Masonic Temple with Roman Columns

Confused Voicemail Leads to E&O and Coverage Suits

May 24, 2022

5 Points On New Ruling: Unreasonable Storage Reduces ACV Payment

May 3, 2022

Agency Checklist article on COVID-19 Closings in Massachusetts

First State High-Court COVID-19 Decision On Business Interruption Claims

April 26, 2022

Vermont Mutual Asks High Court to Reverse Decision $215,000 Attorney Fee Award Payable As Damages under Bodily Injury Coverage

April 12, 2022

Court Rules Zurich’s Auto Policy Provides Victim No Coverage for Rape by Tow Company Driver

March 1, 2022

MA Appeals Court Reverses $7 Million Telephone Consumer Protection Act Judgment Against Peerless Insurance’s Subsidiaries

February 15, 2022

Appeals Court Decision May Require Utica To Pay Insured’s Legal Fees of $750,000

January 25, 2022

More Posts from this Category

Economic & Legislative News in Massachusetts

Massachusetts economy news

Treasury Restarts Borrowing After UI Aid Stalls Out

August 5, 2022 By State House News Service

Bond Sale Originally Planned For Week of July 18

Some Dems Have Harsh Words for Tax Relief Law

August 5, 2022 By State House News Service

Changing Voter Law Shaping Up As Uphill Battle

State Tax Collections Soared More Than 20 Percent In FY 2022

August 5, 2022 By AC Editor

Tax Collections Up Nearly 40% Over Last Two Years

Baker Sees 1986 Law Triggering $2.5 Billion In Rebates

July 28, 2022 By State House News Service

Tax Relief Bombshell Catches Beacon Hill Off Guard

Massachusetts Rainy Day Fund

Cap Gains Haul Driving Up Rainy Day Fund Balance

July 28, 2022 By State House News Service

There was about $4.63 billion in the state’s stabilization fund at the end of fiscal year 2021.

Hospitality Insurance Group Launches ‘Pay as You Pour’ Program

Restaurant Group Sour On Happy Hour

July 28, 2022 By State House News Service

Warns Lawmakers That Liability Insurance Costs Could Spike

Company News

Renaissance Signs Dale A. Frank in New England

Record Growth Marks Risk Strategies 25th Anniversary

Sinclair Insurance Agency Joins Renaissance Alliance

AM Best Affirms Credit Ratings of Electric Insurance Company

New England Newswire

Agency Checklists, MA Insurance News, Mass. Insurance News

New Hampshire Insurance Department Fraud Unit Refers Record Number of Fraud Cases in 2022

July 25, 2022 By AC Editor

22 Cases of Insurance Fraud Represent Nearly $283,000 in Fraudulent Claims

Alera Group Expands Into Vermont with Acquisition of Noyle Johnson Group

July 22, 2022 By Owen Gallagher

The agency serves both Central Vermont and the Northeast Kingdom.

Maine Agency Loses Three Carrier Appointments Over Juneteenth Statement on Storefront

June 28, 2022 By AC Editor

Progressive, Allstate, and MMG Insurance announced that they were terminating their contracts with the agency.

Independent Contractor Law | Massachusetts

Vermont Captive Insurance Legislation is Signed into Law

June 15, 2022 By AC Editor

New legislation makes clear the acceptable use of parametric contracts as risk management tool

InsurOp-Eds

InSurOp-Ed: In Claim Disputes, Disregard Case Law At Your Own Risk

InSurOp-Ed: In Claim Disputes, Disregard Case Law At Your Own Risk

By Bill Wilson

What is the Best Insurance Sales Channel, Direct or Agent-Assisted?

By Bill Wilson

Agency Checklists, MA Insurance News, Mass. Insurance News, Google, CapitalG, Investments in insurance innovation

InSurOp-Ed: The CGL Policy and Faulty Workmanship

By Bill Wilson

Agency Checklists, MA Insurance News, Mass. Insurance News, Insurance Claims, How to make an insurance claim after a natural disaster

InSurOp-Ed: An Agent Call To Action: Underinsurance

By Bill Wilson

InSurOp-Ed: Another Cautionary Tale of Underinsurance

InSurOp-Ed: Another Cautionary Tale of Underinsurance

By Bill Wilson

InSurOp-Ed: Insurance Dog Bite Claim Data Doesn’t Pass the Critical Thinking Test

By AC Editor

InsurOp-Ed: Why Independent Agency Owners Should Take A Closer Look at Non-Owner Auto Insurance

By Jay Grayson

InSurOp-Ed: When Policy Forms Don’t Do What You Think They Do

By Bill Wilson

More InsurOp-Eds

Interviews

The Portrait of An Insurance Lady

Agency Checklists, MA Insurance News, Mass. Insurance News

Finding Opportunity In Unexpected Places: The Interesting Insurance Career of A.I.M. Mutual’s John Myers

Agency Checklists, MA Insurance News, Mass. Insurance News

How WinRater Came To Be: A Chat With Boston Software’s Charlie Walsh

Agency Checklists, MA Insurance News, Mass. Insurance News

All In The Family: An Interview With Royce Cross, President & CEO of Cross Insurance

Agency Checklists, MA Insurance News, Mass. Insurance News

Insurance Agency Crowdsources Public Input on Healthcare Reform For President & Congress

Agency Checklists, Agency Interviews, MA Insurance News

Progressing Further With Progressive: A Primer For Mass. Agents

Agency Checklists, MA Insurance News, Mass. Insurance News

A Career Championing The Cause Of The Independent Insurance Agents Of The Commonwealth

Agency Checklists, MA Insurance News, Mass. Insurance News

Networking with NEIGN: A New Agency Network Launches in Massachusetts

More Interviews

Ratings & Results

Progressive Announces Quarterly Common Share Dividend, Share Repurchase Authorization, and April 2022 Results

May 27, 2022 By AC Editor

Progressive is one of the only insurers to issue its results on a monthly basis.

Insurance Ratings for Massachusetts insurance companies

AM Best Affirms Credit Ratings of Safety Insurance Group, Inc. and Key Subsidiaries

May 27, 2022 By AC Editor

Safety has a Financial Strength Rating of A (Excellent)

IVANS Index April 2022 Results Released

May 6, 2022 By AC Editor

Majority of commercial lines of business experience increase compared to March 2022 and remain up year over year.

Agency Checklists, MA Insurance News, Mass. Insurance News

AM Best Affirms Credit Ratings of Privilege Underwriters Reciprocal Exchange; Downgrades Credit Ratings of PURE Insurance Company

May 6, 2022 By AC Editor

AM Best is the oldest rating agency in the world.

Massachusetts Top Auto & Home Insurer MAPFRE Insurance

AM Best Withdraws Credit Ratings of MAPFRE Insurance Company of Florida

April 29, 2022 By AC Editor

MAPFRE Florida is wholly-owned subsidiary of MAPFRE U.S.A. Corp.

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DOI Announcements

Latest Agency Sales

Agency Checklists, MA Insurance Jobs, Hub International, MA Insurance News, Mass. Insurance News, MA Insurance Jobs

Hub Expands Stop Loss Services With Mass-based Stop Loss Insurance Brokers

Massagent insurance aquisitions, Hilb Group

The Hilb Group Acquires King & Cushman

Alera Group Expands Into Vermont with Acquisition of Noyle Johnson Group

Duffy Insurance Acquires Allan Insurance Agency

Duffy Insurance Acquires Allan Insurance Agency

More Agency Sales

Career News

Alexander & Schmidt Names John Natale Its New Chief Executive Officer

Agency Checklists, MA Insurance News, Mass. Insurance News, Liberty Mutual, Liberty Mutual Life Assurance Co of Boston, top insurers in Massachusetts, largest Mass. P&C insurance carriers,

Liberty Mutual Insurance Appoints Two New Underwriting Leaders to Global Risk Solutions to Better Serve Commercial Customers

Plymouth Rock Appoints New Chief Operating Officer

Insurance Executive Hires Leading Renaissance Alliance

Renaissance Alliance Promotes Insurance Industry Leader Bob Bondi as CEO

The Hanover Insurance Group, Inc. Elects Elizabeth A. Ward to Board of Directors

In Memoriam

In Memoriam: Christine Anastasi, 1951-2022

In Memoriam: Christine Anastasi, 1951-2022

In Memoriam: Joan D. Small, 1928-2022

In Memoriam: Joan D. Small, 1928-2022

In Memoriam: Thelma Evelyn Champion, 1942-2022

In Memoriam: Thelma Evelyn Champion, 1942-2022

CAR News

Two Governing Committee Seats Freed Up For Independent Agents At CAR

Right to Repair Group Files Amicus Brief & Urges Prompt Ruling on Ballot Question After 1 Year Delay

3rd Look 2022: The Massachusetts Private Passenger Auto Insurance Marketplace

3rd Look 2022: The MA Commercial Auto Insurance Marketplace

View More CAR News

Massachusetts Law Updates

New Rule Would Make Insurers Pay Insured For Preventing An Insured Loss

New Rule Would Make Insurers Pay Insured For Preventing An Insured Loss

A formal request by Federal Appeals Court to the SJC to decide if insurers owe costs to prevent a covered loss.

Front view of the Quincy Mass. Masonic Temple with Roman Columns

Confused Voicemail Leads to E&O and Coverage Suits

SJC Construed For 1st Time Meaning of “Doing Business As” In Relation to CGL Coverage.

5 Points On New Ruling: Unreasonable Storage Reduces ACV Payment

A short opinion with a disproportionate impact on first-party property damage total loss claims.

Agency Checklist article on COVID-19 Closings in Massachusetts

First State High-Court COVID-19 Decision On Business Interruption Claims

Dismissed by Superior Court, the restaurants took their appeal directly to the SJC.

More Mass. Law Updates

DOI News

The 2022 Home Insurance Report Part III | Policy Numbers by Massachusetts County

The 2022 MA Home Insurance Report Part II | MA FAIR Plan Review

The 2022 MA Home Insurance Report | Part I

Mass. Business Entity License Renewals on Hold

View More DOI News

Insurance Fraud

Agency President Sentenced for Embezzling $300,000 In Insurance Premiums

Quinn Group Ins. Owner’s Trial to Begin on Federal Benefit and Social Security Fraud Today

First Guilty Plea in No-Fault PIP Auto Insurance Fraud Scheme

GM Financial Will Pay Over $1.8 Million For GAP Coverage Refunds and Loan Violations

More Insurance Fraud News

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