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Latest News
License Access Law Carries $28 Mil In Launch Costs
Fees Will “Largely Offset” Implementation Costs, Healey Admin Says
SVB Collapse A Cause of Concern in the Commonwealth
SVB was the 10th largest operating bank in Massachusetts.
Top 25 U.S. P&C Insurers | NAIC 2023 Market Share Report
Our annual look at the top 25 P&C Insurers – All Lines in the U.S. as ranked by market share and premium.
Appeals Court Decision Reopens Door To Lawsuit Against New Bedford-Based Insurance Agency
A New Bedford-based agency may end up having to face a lawsuit it thought it might have avoided.
Jobs Jump Back To Pre-Pandemic Levels in Mass.
Latest Labor Data Points to A Robust Return To Economic Recovery
Temporary Employment Agency Owner Indicted for Tax and Insurance Fraud
The defendant was indicted on four counts of tax and insurance premium fraud.
Salem Five Insurance Acquires Nichols Insurance Agency Inc.
The Nichols Agency is an independent agency based in Bedford, Mass.
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
New Poll Shows Statewide Support For $20 Minimum Wage
Raise Up Coalition Filing Suggests Possible Ballot Campaign
Mass. Banks Plan To Merge By Year’s End
Both Institutions Plan To Continue Operating Independently
Jobs Jump Back To Pre-Pandemic Levels in Mass.
Latest Labor Data Points to A Robust Return To Economic Recovery
Businesses More Optimistic In February, But Still Grappling With Unknowns
AIM’s Business Confidence Index Gained 0.3 points Last Month
Energy Coalition Wants $300 Mil For Building Overhauls
State Fund Seen As Way To Pay For Costly Upgrades
Healey Outlines Workforce Investment Plans
Proposal Includes Free Community College For Certain Residents
Company News
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
Fundación MAPFRE Names Three Finalists From U.S. in Global Social Innovation Awards
New England Newswire
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
New Hampshire Insurance Department Launches New Podcast Entitled “A Matter of Insurance”
Inaugural Episode to Focus on NAIC’s Life Insurance Policy Locator
New Hampshire Insurance Department Reminds Consumers And Insurance Providers Of “Take-All-Comers” Rule
Insurance Carriers Cannot Exclude Coverage To Owners Of Kia And Hyundai Cars, Despite National Trend Of Thefts Of Certain Vehicle Models The New Hampshire Insurance Department (NHID) reminds consumers and insurance producers that all automobile insurance carriers in New Hampshire must offer the same coverage and limits to all applicants for private passenger automobiles. This […]
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
Vaughn Graham, Big I President: “Excited About Our Future As An Industry”
T.A. Holland & Co.: Celebrating A Century In Massachusetts As An Independent Insurance Agency
Life After CAR: Retiring President Ralph Iannaco Talks About His Tenure at CAR and What Comes Next
¨Competition Is Fierce:¨ MAIA´s Nick Fyntrilakis on The Challenges & Opportunities That Await Agents in in 2022
Exiting with Integrity: Chatting with Richard Savage, The Savage Insurance Agency
An Inspirational Interview with Ely Kaplansky, President of Kaplansky Insurance
Norfolk & Dedham’s Joel Murray Discusses The Importance of Embracing Change While Remaining True To Your Roots
From Commissioner To Coverys: Incoming CEO Joseph Murphy On His New Role, New Challenges, And Optimism For the Future
Ratings & Results
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.
Progressive Reports October 2022 Results
Progressive is one of the only insurers to issue its results on a monthly basis.
