And Just Like That Gallagher Becomes The 3rd-Largest Agency in Massachusetts
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Latest News

Openly Snags A $100 Million In Latest Funding Round
The Boston-based insurtech has now raised a total of $200 million in funding.

InsurOp-Ed: The Invisible But Potentially Catastrophic Homeowners Exclusion That’s Not An Exclusion
Non-Residency Situations Can Arise Unexpectedly…

Financial Troubles Ahead for Homeowners Insurers, Warns AM Best
AM Best sees a “difficult road ahead” for homeowner insurers

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

New Lawsuit Claims MAPFRE’s Auto-Populating System Exposed 266,000 Insureds’ License Numbers
Suit Alleges MAPFRE’s ‘Auto-populate’ Quoting System Allowed Access To Cybercriminals

Prison For A Year-And-A-Day in $14 Million Payroll Tax and Insurance Fraud Case
Guilty Plea and Sentence of Prison, Supervised Release, and Restitution to IRS and Travelers

Do You Know These 10 Key Things About Claims-Made Policies
A Run-Down of the Types of Policies Written on a Claims-Made Basis
Insurance Coverage Cases

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

Court Asked To Certify Classes Totaling Over 80,000 IDV Claims Against Commerce and Safety
Economic & Legislative News in Massachusetts

State Setting Sights On Replacing Tobin Bridge
…Add the Tobin Bridge to the list of aging, congested spans that state officials are eyeing for replacement

South Coast Rail Now Expected To Be Ready Next Summer
By AC Editor
Debuting Half A Year Later Than Originally Planned

Tall Ships To Draw Millions To Boston In 2026
By AC Editor
Sail Boston, World Cup Shaping Up As Signature Events In Massachusetts

Mass. Home Sales Down Sharply In 2023
Year-to-Date Single Family Home Sales Are Down 25.5%

Lawmakers: Immigrants Can Plug Gaping Labor Force Voids
Emergency Shelter Crisis Spurs Fresh Calls For Federal Immigration Reform

MassDOT Organizing New Climate-Focused Office
“One of the Filthiest”…
Company News

Travelers Institute® to Host Travelers Chairman and CEO Alan Schnitzer for Its 100th Wednesdays with Woodward® Webinar

Insurify Adds Pet Insurance To The Mix

Corvus Insurance Expands Cyber Underwriting Relationship with Travelers

Insurify partners with Santander Consumer to Offer Its Customers a Digital Auto & Home Insurance Marketplace
New England Newswire

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.

New Hampshire Experiences 12th Annual Rate Reduction in Workers’Compensation Market for 2024
By AC Editor
Historically Low Rates a Result of Improved Worker Safety

With Gov. Sununu’s Signature, HB249 Now Makes NH “Most Pet-Friendly” State In The Union
By AC Editor
Pet Insurance Sellers Must Be Licensed in NH By NHID
InsurOp-Eds

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

How do You Create Customer Loyalty? Why Do Consumers Stay with a Particular Agent or Carrier for Years?
By Bill Wilson
Interviews

Shop Talk With S Bank’s Senior Vice President, Kevin Joyce

Concord Group To Focus On Growth Through Agency Appointments

Progressing Further With Progressive: A Primer For Mass. Agents

Leading By Example – An Interview With Antonio Huertas, Chairman and CEO of MAPFRE

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

Vaughn Graham, Big I President: “Excited About Our Future As An Industry”

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

The Portrait of An Insurance Lady
Ratings & Results

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

Liberty Mutual Reports $585M Net Loss in Q2 Amid Cat Losses
By AC Editor
Premium Growth and Investment Gains Offset Catastrophe Losses

Q2-2023 Spotlight: MAPFRE Posts Double-Digit Growth Despite Auto Insurance Woes
By AC Editor
MAPFRE’s Momentum Picked Up In 1H-2023 Even Against Economic Headwinds Globally

Q2-2023 Spotlight: Chubb Q2 Profits Soar 54% on Strong Growth Across Segments
High-Net Worth Personal Lines Continue to Shine

Q2-2023 Spotlight: Strong Q2 Results For The Hartford Despite Challenging Auto Market
By AC Editor
Including 10 Key Data Points From The Financial Results Webcast