Chubb retained its lead in the U.S. domestic cyber insurance market in 2025, while Beazley climbed from 16th to second place. See the NAIC’s top 20 insurer rankings, including premiums, market shares, and loss ratios.
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Latest News
Marsh Acquires Rhode Island-Based Triton Insurance Agency
Marsh has acquired Newport, Rhode Island-based Triton Insurance Agency, expanding Marsh Agency’s marine and yacht insurance capabilities. Triton’s existing team will join Marsh Agency and remain in Newport. Financial terms were not disclosed.
Amazon Drops Westborough Drone Delivery Plan After Pushback
Amazon has withdrawn its proposed drone delivery operation in Westborough following opposition from residents and Massachusetts lawmakers over noise, safety and privacy concerns. The withdrawal leaves open the possibility of a revised proposal.
SJC To Decide If Approved Auto Rates Shield Insurers From 93A
The First Circuit has certified two questions to the Massachusetts Supreme Judicial Court in a lawsuit challenging USAA’s use of military pay grades to determine automobile insurance company placement. The case raises questions about Chapter 93A claims involving rates approved by the Massachusetts Commissioner of Insurance.
Boston-based Bindable Acquired by Franklin Madison
Franklin Madison has entered into an agreement to acquire Bindable, bringing together its affinity distribution network with Bindable’s insurance technology, carrier connectivity and white-label agency operations.
Executive Director Michael Pezza to Retire from The Insurance Library
The Insurance Library has announced that Executive Director Michael Pezza will retire at the end of December after more than four years leading the 139-year-old Boston institution.
‘Strategic Clarity’ Leads to Strong Q3-2026 Results for The Hanover
The Hanover reported $172.6 million in third-quarter net income as catastrophe losses increased, while underlying underwriting results improved across its business segments.
Insurify Launches AI-Agents Gateway for Insurance Shopping
Insurify launches its AI Agent Gateway, allowing personal AI agents to compare real-time insurance quotes while preserving coverage details and consumer privacy.
Insurance Coverage Cases
SJC To Decide If Approved Auto Rates Shield Insurers From 93A
The First Circuit has certified two questions to the Massachusetts Supreme Judicial Court in a lawsuit challenging USAA’s use of military pay grades to determine automobile insurance company placement. The case raises questions about Chapter 93A claims involving rates approved by the Massachusetts Commissioner of Insurance.
MIIA Ordered To Pay Braintree $6.05M In Wrongful Conviction Case
A Massachusetts Superior Court judge rules MIIA must indemnify Braintree for $6.05 million of a wrongful conviction settlement but rejects the Town’s Chapter 93A claim.
Insurance Fraud
Lowell Temp Agency Owner To Do 13 Months for Payroll and Workers’ Comp Fraud
A federal judge sentenced Henry Lam, owner of Lowell-based HL Temporary Services, to 13 months in prison after he pleaded guilty to employment-tax charges and mail fraud involving workers’ compensation insurance premiums.Insuran
Massachusetts Barred His Phony Insurance In 2006. Now Kevin Kolenda Has Pleaded Guilty To Wire Fraud
Nearly 20 years after Massachusetts barred Kevin Kolenda from selling prize insurance without a license, the longtime operator of Hole-in-Won has pleaded guilty to federal wire fraud related to his prize insurance business.
Ratings & Results
‘Strategic Clarity’ Leads to Strong Q3-2026 Results for The Hanover
Chubb Q2 Net Profit Down 3.8% as Combined Ratio Improves
The Hartford Reports Strong Q2 Results as Business Insurance Drives Growth, Personal Lines Profitability Improves
AM Best Revises Safety Insurance Outlook to Negative, Affirms Ratings
Best’s Special Report: Personal Auto and Homeowners Markets’ Stabilization Evident Despite a Decline in Approved Rate Changes
AM Best Downgrades Arrow Mutual Liability Insurance Company Ratings
Economic & Legislative News in Massachusetts
Amazon Drops Westborough Drone Delivery Plan After Pushback
Amazon has withdrawn its proposed drone delivery operation in Westborough following opposition from residents and Massachusetts lawmakers over noise, safety and privacy concerns. The withdrawal leaves open the possibility of a revised proposal.
After Clocks are Turned Back, Senate Could Debate Daylight Hours
The Massachusetts Senate has advanced legislation that would end twice-yearly clock changes by moving the state to Atlantic Standard Time year-round, provided at least two neighboring states take similar action.
Regulators Eye In-State Path for Out-of-State Medical Marijuana Patients
Massachusetts cannabis regulators are considering eliminating residency requirements for medical marijuana purchases, a move that could expand access for out-of-state patients as medical sales continue to decline.
Lawmakers Want Moratorium on Drone Delivery
Westborough Town Meeting approved a new unmanned-aircraft bylaw in response to Amazon Prime Air’s proposed drone delivery operation, while Massachusetts lawmakers seek a temporary moratorium on commercial drone applications.
Wrong-Way Driving Systems Have Recorded More Than 215 Events Since June
MassDOT says its wrong-way driving detection systems have recorded more than 215 events since June, with about 140 drivers correcting course after alerts.
Mass. Gained Jobs in September, but Unemployment Rate Held at 4.3%
Massachusetts added 3,500 jobs in September while the unemployment rate remained at 4.3% and the state labor force increased by 8,400, according to preliminary state data.
New England Newswire
Marsh Acquires Rhode Island-Based Triton Insurance Agency
Vehicle Thefts Fall 21% Nationwide; Vermont, New Hampshire Among Biggest Declines
New Hampshire Insurance Department Issues Bulletin on Auto Policy Termination for Nonpayment at Renewal
Arbella Opens First Commercial Lines Office in New Hampshire
Company Newswire
Arbella Marks 18th Annual “Pink Day” in Support of Dana-Farber Cancer Institute
Arbella Insurance Group employees and the Arbella Insurance Foundation raised $65,000 for Dana-Farber Cancer Institute during the company’s 18th annual Pink Day.
SIAA Acquires Canopy Specialty Insurance, Expanding Specialty Underwriting Capabilities
SIAA has acquired Canopy Specialty Insurance, a U.S.-U.K. specialty commercial P&C managing general agent, adding underwriting and product development capabilities to its distribution platform.
MountainOne Insurance Becomes 15th Massachusetts Agency With MAIA Five Star Designation
MountainOne Insurance has earned the Massachusetts Association of Insurance Agents’ Five Star Agency Designation, becoming the 15th agency in the state to hold the recognition.
The Winners Of The MAIW’s Essex/Middlesex Chapter 2026 Estelle Jeter Scholarship
This is the 88th year of operation for the Massachusetts Association of Insurance Women.
