8.5% organic growth through the second quarter is down from 11.2% a year ago.
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Latest News
Private Equity Carves Path In Pet Care
Warren, Vet Sector Players Say Tax, Transparency Measures Needed
DOI Revokes Mass. Agent’s Producer License for Premium Theft
Revocation Comes Two Years After Guilty Plea
Mass. DIA Establishes New Notice Requirements
Mass. Companies Have Until September 16th to Comply
Feds Shower $25 Mil On Mass. For Road Safety
Lynn, Boston, MBTA, and Metropolitan Area Planning Council All Received Grants
Accession Risk Management Group Closes $1 Billion Deal to Accelerate Growth of Risk Strategies and One80 Intermediaries
North America’s ninth largest privately held insurance broker poised to significantly expedite expansion of innovative specialty focused platform
InsurOp-Ed: Shrinkflation and Insurance
Thoughts on Shrinkflation in the Insurance Industry
Court Upholds Exclusion: $750K Defense Costs Lost
The Latest on a 2022 Insurance Coverage Case Brought by El Group Against Utica Mutual Insurance Company
Insurance Coverage Cases
Court Upholds Exclusion: $750K Defense Costs Lost
Judge Rules New York Law Applies, Dismissing Harvard’s Contract Claims: Leaving Negligence
Continental’s Mold Exclusion Denial Leads to Bad Faith Lawsuit
Court Cuts Commerce’s $910k Fee Request to $123k in Big Wheel Case
The Cost In Using Uber: Losing Your Right to Sue
Even Whitey Bulger’s Crimes End in Insurance Coverage Disputes
Insurers Win Big: SCOTUS Grants ‘Party in Interest’ Status in Bankruptcies
Suit Claims USAA Charges More to Lower-Ranked Insureds
Economic & Legislative News in Massachusetts
Inflation Cooling, But Remains Higher In Boston Area
NFIB Exec Flags Inflation As “Main Hurdle” For Mass. Small Businesses
Council Confirms Four For Superior Court Posts
Healey Picks Will Plug Some Holes On Court
NCSL: National Housing Shortage Requires Tailored Solutions
Nationwide Housing Shortage Tops 1.5 Million Units
June Tax Bump Still Leaves State With Budget Gap
Healey Team Sees Budget Gap Of Up $233 Million, Opportunity To Allocate Income Surtax Surplus
State Kicks Off Fiscal 2025 With Drop In Tax Revenue
No Announcement Yet About Year-End FY24 Performance
Economists Report “Pleasant Surprise” in Mass.
Economic Growth Exceeded Expectations in Q2-2024
Company News
G. W. Morisi Insurance Agency Rebrands to MountainOne Insurance Agency
Coverys Announces Expanded London Insurance Platform with Regulatory Approval
Joe Flood Insurance Brokerage, Inc. Launches Flood Multi-Rater and Submission Management
Reardon Insurance Agency Opens Third Location in Webster, Massachusetts
New England Newswire
Connecticut Insurance Agency Joins Smith Brothers Insurance
By AC Editor
Smith Brothers Insurance is based in Northampton.
Vermont Prioritizes Quality Regulation in Legislature as Yearly Tradition
By AC Editor
State Announced Updates To Captive Insurance Law
King Insurance Partners Announces Acquisition of Marcus Insurance
By AC Editor
Marcus Insurance has served Connecticut for Four Generations
Maine’s Big Win: Bureau of Insurance Announces Significant Rate Cuts for Workers’ Compensation
By AC Editor
Represents Multi-Million Dollar Reduction in Workers’ Compensation Rates
InsurOp-Eds
InsurOp-Ed: Shrinkflation and Insurance
By Bill Wilson
InsurOp-Ed: Transitioning to The Gallagher Way
By Tim Lodge
The $1 Billion Blunder: How CrowdStrike’s Update Exposed Insurance Gaps
InSurOp-Ed: One of the Most Often Misinterpreted Liability Exclusions
By Bill Suneson
InSur-Op-Ed: Claim Denials and Agency Accommodations
By Bill Wilson
Born and Bred in the Bay State: The Special Agent Story
By AC Editor
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
Interviews
Proactive Tactics: How To Help Your Insureds Be Happy Amidst Rising Rates
Talking with Richard Welch: Growth and Innovation at Hospitality Mutual
A Conversation with Daniel C. Bridge – The 2023 Insurance Professional of the Year
Making The Leap From Corporate to Entrepreneur: Nadeen Vella On Building NaVella Insurance From Scratch
A North Shore Success Story: The $40 Million And Growing Duffy Family of Insurance Agencies
21 Facts About Eastern Insurance’s New President
John Mina Reflects on Risk Strategies’ Rise from Boston Agency to National Broker
RogersGray On Its Decision to Partner with Baldwin Risk Partners and Its “Merry Band of Insurance Geeks”
Ratings & Results
Liberty Mutual Reports Strong Q2 2024 Results, Showing Significant Turnaround
Expense management shows results
Safety Insurance Group Reports Strong Growth in Q2 2024, Bolstered by FAIR Plan Restructuring
Premium Growth Drives Revenue Increase
The Hanover Reports Strong Q2 2024 Results Overcoming Catastrophe Losses
A Look At Second Quarter Results For 2024
Allstate Reports Solid Q2 Results With Growth through Independent Agents
National General: Driving Growth in Independent Agency Channel
AM Best Affirms Union Mutual Rating of“A” (Excellent) with Stable Outlook
By AC Editor
Union Mutual was founded in 1874