Summary Judgement for Zurich effectively dismissed Harvard’s lawsuit by The Court.
Main Content
Latest News
Former Arlington Agency Owner, Patrick Quinn, Sentenced For Federal Benefit Fraud
Sentenced to one year and a day in prison beginning January 23, 2023.
World Expands Massachusetts Presence With JR Tallman Acquisition
This is the firm’s sixth agency acquisition in Massachusetts so far this year.
Deer Crashes Leaping to New Highs in Massachusetts
Bristol is the Massachusetts county with the most deer crashes.
A Rousing Return: The New England Insurance Industry Celebrates Mary Boyd, The 2022 Insurance Professional of the Year
The Annual Awards Luncheon Returns for the 1st Time in 2 Years
The Insurance Library Names Michael Pezza as Executive Director
Mr. Pezza’s appointment was announced at the IPYA Luncheon on October 28th.
Pharmacy Benefits Manager to Pay $3.2 Million for Overcharges On Workers’ Compensation Prescriptions
Various Injured Worker Prescriptions Filled in Springfield, Boston, and Worcester at Walgreens, CVS, and Rite Aid locations
NICB: Over 745,000 Stolen Vehicles Reported So Far In 2022
Vehicle Theft Rates Are Highest Since 2008
Insurance Coverage Cases
Late Policy Notice to Zurich Leads To Harvard’s Loss of $15 Million in Coverage
Federal Court Warns Vermont Mutual About Post-Judgment Settlement Offer Less Than Verdict Being an Unfair Claim Practice
Phony Pumpkin Assault Claim Gets 3 Years For Insurance Fraud
Court Denies MIT Prof’s $146,000 Claim for Legal Cost in Avoiding a Deposition
$15 Million High-Value Homeowner Policy Loss Leads Court to Rule PURE’s Reference Provision Ambiguous
Court Rules Liability Insurer Can Recover Defense Costs & $1.5 Million Settlement from Insured
No Further Appeal On Insurers Deducting Excess Storage Fees From Total Loss Settlements
SJC Reverses $215,000 Attorney Fee Award Found Payable Under BOP Policy
Economic & Legislative News in Massachusetts
Baker In Ireland, Biden Coming to Nantucket
Predictions Posit This Thanksgiving Will Be 3rd Busiest For Travel Since 2000.
Full Green Line Extension Opening Planned For Dec. 12
Roots Of 4.7-Mile Project Date Back Three Decades
Weekly Roundup – Seeking The National Spotlight
Recap and analysis of the past week in Massachusetts state government.
Unemployment Rate Up to 3.5 Percent Last Month
Total employment in Massachusetts increased by 9,800 jobs in October.
Electric Vehicle Rebates Shifting In Bid To Lure More Buyers
New More Generous Subsidy Being Offered
Staff Woes Forcing New Ways In Health Care
Stresses Putting Pressure On Operations, And Workforce Development
Company News
Hi Marley Integrates Grammarly’s AI Writing Assistance to Ensure Confidence in Customer Communications
Allstate Announces October 2022 Implemented Auto Rates
Woodland Insurance Agency Joins SAN Group
Eastern Bank and Eastern Insurance Group LLC Welcome The Forsyth Institute As A New Customer
New England Newswire
New Hampshire Insurance Department and New England College Announce New Educational Partnership
First-of-its-kind course will provide students with the opportunity learn about the insurance industry.
InsurTech Hartford Moves to Mohegan Sun for 2023 Symposium
InsurTech-specific, in-person networking and education at the forefront of next year’s event.
Jim DeVoe-Talluto promoted to Assistant Director of Captive Insurance at Vermont’s Department of Financial Regulation
Examiner-In-Charge Jim DeVoe-Talluto has been with the Captive Division since 2004.
New Hampshire Insurance Department’s Consumer Services Unit Delivers Results for Granite State Consumers During Fiscal Year 2022
Consumer Services Unit Educates and Assists Consumers and Investigates
Grievances
InsurOp-Eds
How do You Create Customer Loyalty? Why Do Consumers Stay with a Particular Agent or Carrier for Years?
InSurOp-Ed: Maintaining AI Status After Completion of Work
InSurOp-Ed: In Claim Disputes, Disregard Case Law At Your Own Risk
What is the Best Insurance Sales Channel, Direct or Agent-Assisted?
InSurOp-Ed: The CGL Policy and Faulty Workmanship
InSurOp-Ed: An Agent Call To Action: Underinsurance
InSurOp-Ed: Another Cautionary Tale of Underinsurance
InSurOp-Ed: Insurance Dog Bite Claim Data Doesn’t Pass the Critical Thinking Test
Interviews
T.A. Holland & Co.: Celebrating A Century In Massachusetts As An Independent Insurance Agency
A Career Championing The Cause Of The Independent Insurance Agents Of The Commonwealth
MAPFRE’s Mission: The Company’s U.S. Leaders On The Past, Present, & Future Of Massachusetts’ Largest Insurer
21 Facts About Eastern Insurance’s New President
How WinRater Came To Be: A Chat With Boston Software’s Charlie Walsh
Meet The Insurance Library Association of Boston’s New Executive Director Glenn Cryan
MassDrive: A Traditional Agency Using Technology to Drive Its Success
Infusing New Ideas and Energy Into One of Boston’s Oldest Insurance Institutions
Ratings & Results
Progressive Reports October 2022 Results
Progressive is one of the only insurers to issue its results on a monthly basis.
Progressive Announces Quarterly Common Share Dividend, Share Repurchase Authorization, and April 2022 Results
Progressive is one of the only insurers to issue its results on a monthly basis.
AM Best Affirms Credit Ratings of Safety Insurance Group, Inc. and Key Subsidiaries
Safety has a Financial Strength Rating of A (Excellent)
IVANS Index April 2022 Results Released
Majority of commercial lines of business experience increase compared to March 2022 and remain up year over year.
AM Best Affirms Credit Ratings of Privilege Underwriters Reciprocal Exchange; Downgrades Credit Ratings of PURE Insurance Company
AM Best is the oldest rating agency in the world.
