Issues Second Opinion in Three Years Regarding The ‘Physical Abuse’ Policy Exclusion in Homeowners Liability Coverage
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Latest News
Realtors Group Reports Sharp Decline In February Home Sales
Single-Family Home Sales Down 20 Percent Last Month
Revisions Put Mass. Behind Pre-Pandemic Employment
Statewide Unemployment Rate Ticked Up A Bit in February
Top 25 U.S. Workers’ Compensation Insurers | NAIC 2023 Market Share Report
Connecticut-based Travelers and The Hartford top the list in this line of business.
Mass. May See Flood Of New Drivers, Fees
Newly Eligible Group Much Larger Than Typical Annual Pool Of New Licensees
Top 25 U.S. Homeowners Multiple Peril Insurers | 2023 NAIC Market Share Report
Boston-based Liberty Mutual is the third-largest homeowners insurer in the U.S.
Top 25 U.S. Other Liability Insurers | NAIC 2023 Market Share Report
Boston-based Liberty Mutual is the third-largest insurer in this line of insurance.
Aronson Insurance Acquires LJM Insurance Agency
Aronson Insurance, an award-winning insurance agency in the suburban Boston area, today announced that it has acquired LJM Insurance Agency, Inc. “The leadership and team at LJM share Aronson’s passion for providing great local insurance service. This is an opportunity to grow our footprint and provide even greater customer service to the LJM community of […]
Insurance Coverage Cases
Appeals Court Decision Reopens Door To Lawsuit Against New Bedford-Based Insurance Agency
Understanding The Duty to Defend: Partington Builders v. Nautilus Ins.
Appeals Court Reins in Superior Court’s Expansion of Risk Management
Insured’s $2 Million Claim For Loss Prevention Costs Scuttled By The Supreme Judicial Court
An Insured’s Underpayment of Loss Lawsuit Over Brookline Building Backfires
Failed Foray Into Massachusetts Ends In A Lawsuit For New York Agency Over Its Producer’s Understanding of Salary v. Draw
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
Economic & Legislative News in Massachusetts
Report: Travel Nurses Aiding, Disrupting Mass. Hospitals
Secretary Walsh: “We … Have To Think Differently About How We Staff Hospitals”
Eng Pledges “New Way Of Doing Business” At MBTA
Healey Pick Brings NY Experience, Could Earn More Than $500,000 Per Year
New Numbers Add To Mass. Population Concerns
Trend Ties In To Debates Over Labor Crunch, Tax Relief, Cost Of Living
Housing Focus Fueling Optimism Among Transfer Tax Supporters
Spilka Addresses Islanders, Backers Believe Healey Is An Ally
Rail Supporters Demand Connection To Eastern Mass.
Western Mass. Sees Connection Helping Both Sides Of State
New Poll Shows Statewide Support For $20 Minimum Wage
Raise Up Coalition Filing Suggests Possible Ballot Campaign
Company News
Agency Revolution Leverages Mobile AI Engine and ChatGPT to Launch Social Media App
Arbella Insurance Foundation Surpasses $40 Million In Donations Since Its Inception in 2005
New Research Reveals the Most Commonly Asked Questions by Customers During the Claims Process
Taxes Running $1 Billion Over Benchmark
New England Newswire
Concord Group Moves Headquarters To Bedford, New Hampshire
Need For New Facility Was Top Priority For Insurer
Insurance Bureau Recovers $1.8 Million on Behalf of 499 Mainers in 2022
Lost Life Insurance Policies Matched to Additional 240 Mainers Through NAIC
Vermont Mutual Charitable Donations Help Local Communities
Since 2014, Vermont Mutual’s Charitable Giving Fund Has Donated More Than $3.5 Million
Maine’s Bureau of Insurance Approves 11.9% Average Decrease in Workers Compensation Loss Costs
New Rates Go Into Effect on April 1st
InsurOp-Eds
InSurOp-Ed: What ChatGPT Says About Exclusions in Insurance Policies…
InSurOp-Ed: Auto Insurance and Resident Adult Children
How ChatGPT Says AI Will Change The P&C Insurance Industry Over the Next 10 Years
InsurOp-Ed: 3 Sources of Coverage Gaps That Lead to Claim Disputes
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?
Interviews
The Personal Insurance Shoppers: How The A.P. Michaud Agency’s Personalized Approach Has Set Them Apart
Finding Opportunity In Unexpected Places: The Interesting Insurance Career of A.I.M. Mutual’s John Myers
How WinRater Came To Be: A Chat With Boston Software’s Charlie Walsh
Insurance Agency Crowdsources Public Input on Healthcare Reform For President & Congress
A.A. Dority: Boston’s Oldest Surety Agency Still Has A Strong Family Bond
John Mina Reflects on Risk Strategies’ Rise from Boston Agency to National Broker
The Agent Advocate: Jules Gaudreau of The Gaudreau Group
Renaissance Man: Renaissance Alliance’s Bruce Cochrane & His Career In the Massachusetts Insurance Industry
Ratings & Results
A.M. Best Report: U.S. P/C Insurance Industry Ratings Reflect A Challenging 2022
Mixed Bag Between Personal and Commercial Lines
Ivans Index January 2023 Results Released
Average premium renewal rates experience variable change month to month across most major commercial lines.
Pie Insurance Secures A- Excellent AM Best Credit Ratings & Completes Transition to a Rated, Full-Stack Carrier
Company also announces acquisition of a nationally licensed insurance company.
Ivans Index Q4 and Year-End 2022 Results Released
Average premium renewal rates experience a general uptick across most major commercial products compared to last year
Concord Group Insurance Rated A+ Superior by AM Best
This is the third consecutive year that Concord has received AM Best’s highest rating.
