The latest decision in Massachusetts involving a COVID-19 business interruption claim, brings no ‘cheer’ to Hampshire House.
Main Content
Facts & Figures About Massachusetts & New England Insurance Departments & Insurance Producers
This is the 34th year the NAIC has published its annual Insurance Department Resources Report.
Patriot Growth Insurance Expands Its New England Presence With Addition of Boston-based Exchange Insurance Agency
This is the second agency to join the national insurer’s platform in New England.
Duffy Insurance Acquires The A.J. George Insurance Agency
This marks the second agency acquisition for Duffy Insurance so far this year.
InSurOp-Ed: Fried Chicken and Customer Loyalty
Customer loyalty, and thus retention and profitability, isn’t driven by cheap prices.
The Secret of Boston Mutual’s Success: ‘Our Mission Has Remained The Same For 130 Years’
A Q&A with Boston Mutual President and CEO on the insurer’s 130th anniversary.
Brown & Brown Buys Berkshire Insurance Group For $41.5 million
The amount was disclosed in Berkshire Insurance Group’s filing with the SEC.
NAIC Market Share 2021 | Top 25 Life Insurers
A look at who are the top 25 life insurers in the United States.
Massachusetts Economic & Legislative News
Report: SALT Change Compounds Surtax Impacts On High Earners
Roughly 55,500 Massachusetts personal income tax filers would benefit from a pass-through entity (PTE) tax workaround and could save up to an average of $20,158 in federal taxes annually, DOR estimated in a March report.
Boston Fed President Rosengren Retiring This Week
Mr. Rosengren has been the president of the Federal Reserve Bank of Boston for the last 14 years.
Lease Bill Could Unlock Major Esplanade Project
Association Commits $20 Mil Gift For Charlesbank Landing.
Massport Optimistic Despite “Softening” Air Travel
In July, Logan served 2.6 million travelers, beating the agency’s 1.67 million estimate by 55%.
Insurance Coverage Cases
Federal Judge’s Ruling Finds “Cheers” Bar at The Hampshire House Has No Coverage
MA Court Dismisses Lender’s Claim Auto Insurer’s Total Loss Calculations Violated DOI Regulation
MA Appeals Court Affirms Dismissal Of Late E&O Claim Alleging Agent Liable For Advising Insured To Only Keep Policies For 7 Years
Daughter Denied $142,000 Loss Under Dad’s Gloucester Homeowner’s Policy Because Not A “Household Member” Per Policy Terms
Keches Law Group To Pay $300,000 In Settlement Over Illegal Worker’s Comp. Kickback Scheme
MA Court Case Resolves Carriers’ Dispute Over Common Insured Stemming From VRBO Guest Lawsuit Against Berkshire Homeowner
Mass. SJC Hears Inherent Diminished Value Recoveries For Third-Party Property Damage Claims Arguments
MA Court Affirms No Coverage For Attorney Who Failed To Disclose Customary User On Auto Application
InsurOp-Eds
InSurOp-Ed: Fried Chicken and Customer Loyalty
InSurOp-Ed: Am I Legally Liable?
Preparing For The Next Pandemic – The Cyber One That Is
InSurOp-Ed: Beware Online COI Systems!
InSurOp-Ed: Using “Big Data” to Make Unilateral Policy Coverage Changes
InsurOp-Ed: Understanding The Insurance Supply Chain
Surround Insurance – Six Months In – In Massachusetts
InsurOp-Ed: Time to Make Government Action Exclusions More Equitable?
Interviews
#MorseOfCourse: How Morse Insurance’s Second Generation Continues Its Success As A Generalist Agency Through Branding & Marketing
The Paperless Agent – Michael Butts of Yankee Insurance Agency
Exiting with Integrity: Chatting with Richard Savage, The Savage Insurance Agency
Clearsurance – Using Technology To Bring Transparency To Insurance
T.A. Holland & Co.: Celebrating A Century In Massachusetts As An Independent Insurance Agency
Plymouth Rock’s Chris Olie Discusses Prime And The Possibilities It Holds For Mass. Agents
MassDrive: A Traditional Agency Using Technology to Drive Its Success
CNA’s Commercial Underwriting Officer Charlie O’Donnell Talks About Being Back in Boston and His Plans for New England
Insurtech Profiles
Goldman Sachs Asset Management Gives DealerPolicy $110 million Series C Funding
Corvus Welcomes New Investors With $15M Series C Financing Extension
Wunderite Secures $3 Million Seed Funding To Modernize Software for Insurance Agents
Next Insurance Raises Another $250 Million
“Smart Commercial” Insurtech Corvus Raises $100 Million
Hi Marley Nabs Another $25 Million in Series B Funding
Insurer News & Announcements
The Secret of Boston Mutual’s Success: ‘Our Mission Has Remained The Same For 130 Years’
A Q&A with Boston Mutual President and CEO on the insurer’s 130th anniversary.
No Deal: Aon & Willis Towers Watson Mutually Agree To Terminate Merger Plans
The companies’ had announced their intent to merge back in March of 2020.
Liberty Mutual Insurance Seeks to Acquire Malaysian Insurer AmGeneral
Upon completion, the expected acquisition will make Liberty Mutual the largest auto insurer in Malaysia.
MAPFRE’s MotionSmart℠ Launches in Massachusetts
The insurer launched its first UBI product for policyholders here in its home state.
