The latest decision in Massachusetts involving a COVID-19 business interruption claim, brings no ‘cheer’ to Hampshire House.
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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.
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
Gas Up Again in Massachusetts
Massachusetts gas prices rise another cent this week.
Report: MBTA On Course Toward “Fiscal Calamity”
Growing Revenue Gaps Colliding With Calls For Free Transit
Weekly Roundup – Now Hiring
Recap and analysis of the past week in state government in Massachusetts.
Job Gains Slowed To A Trickle in August
After holding flat at 4.9 percent in July, the unemployment rate creeped back up a bit in August.
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
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
How Apliant Is Applying Technology To Empower Insurance Agents
An Inspirational Interview with Ely Kaplansky, President of Kaplansky Insurance
Vermont Mutual: 190 Years Young and Counting
An Interview With Arbella President & CEO John Donohue
Talking with Geoff Gordon of the Andrew G. Gordon, Inc. Insurance Agency
Still With A Drive To Succeed: Sumner Gilman On Mass. Agents, CAR and Why Premium Financing Is Still A Good Bet
Meet The Insurance Library Association of Boston’s New Executive Director Glenn Cryan
Renaissance Man: Renaissance Alliance’s Bruce Cochrane & His Career In the Massachusetts Insurance Industry
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.
