This marks AssuredPartner’s first acquisition in May and its 17th thus far in 2021.
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A Strong Start in 2021 For Kaplansky Insurance As It Announces Its 3rd Independent Agency Acquisition This Year
This is Kaplansky Insurance’s 3rd acquisition this year and its 37th overall.
Mass. SJC Hears Inherent Diminished Value Recoveries For Third-Party Property Damage Claims Arguments
On May 5, 2021, the SJC heard an important case that could radically increase the damages that automobile insurers must pay for third-party property damage claims.
Hub New England Acquires CT’s Ion Insurance Corporation
The Ion Insurance Corporationis based in Cheshire, Connecticut.
InSurOp-Ed: Using “Big Data” to Make Unilateral Policy Coverage Changes
Bill Wilson’s latest take on the rise of Big Data in insurance and the potential coverage issues its use can cause unsuspecting insureds.
Salem Five Insurance Acquires Ambrose & Grant Insurance Agency
Customers receive expanded offerings as Salem Five Insurance expands south of Boston.
MA Court Affirms No Coverage For Attorney Who Failed To Disclose Customary User On Auto Application
The Appeals Court affirmed a judgment in favor of MetLife denying an Attorney’s collision coverage for the Cadillac limousine he had bought to ferry clients to his office.
MA Home Insurance Report Part 1 | An Overview Of Total Premium & Policy Numbers
The first of Agency Checklists’ four-part review of the Commissioner of Insurance’s annual report on the state of the Home Insurance Marketplace in Massachusetts.
Massachusetts Economic & Legislative News
Retail Pot Shops Soon Will Be Allowed to Sell Hemp Products
Products such as hemp seed, hemp seed oil, clothes and other materials made from hemp fiber will be eligible under the guidance.
Mass. Opioid Overdose Deaths Climbed in 2020 to New High
Opioid overdose deaths in Massachusetts rose by 5 percent in 2020, the first time in three years.
Masks Still Required Indoors in Massachusetts
CDC However Has Relaxed Recommendations For Mask Wearing Masks will still be required for now in all indoor public places, at all events and outdoors when social distancing is not […]
Emission Limits Comment Period Expected This Fall
Energy and Environmental Affairs Secretary Kathleen Theoharides said her office plans to solicit feedback this fall on the 2025 and 2030 emission limits set by a new climate law signed by the governor in March.
Senate’s $47.6 Bil Budget Draws $1.55 Bil From Savings
Part of the proposal includes an annual spending plan that reforms taxes for pass-through companies.
Constitutional Convention Recesses Until June 9
The date is the next possible date for consideration regarding adding a 4% surtax on household incomes above $1 million on the 2022 statewide ballot.
Insurance Coverage Cases
MA Court Affirms No Coverage For Attorney Who Failed To Disclose Customary User On Auto Application
Mass. Court Bars Suit Seeking Plymouth Rock To Pay Title, Registration, And Inspection Fees On Total Losses
Mass. Appeals Court Reverses $4 Million Defense Verdict Over Judge Advising Jury About Insurance
Tips to Help Insureds Avoid Auto Repair Shop Fraud: Part 2
Interviews
An Inspirational Interview with Ely Kaplansky, President of Kaplansky Insurance
Vermont Mutual: 190 Years Young and Counting
MassDrive: A Traditional Agency Using Technology to Drive Its Success
Concord Group To Focus On Growth Through Agency Appointments
Listening and Learning from A Master – Agency Checklists Talks with Bob Dowling, The Dowling Insurance Agency
How Apliant Is Applying Technology To Empower Insurance Agents
Meet The Insurance Library Association of Boston’s New Executive Director Glenn Cryan
An Interview With Arbella President & CEO John Donohue
Insurtech Profiles
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
Openly Secures $40M in Series B Funding Round to Accelerate Rapid Growth
Hi Marley Closes Series A1 Round With $8 Million
InsurOp-Eds
InsurOp-Ed: Understanding The Insurance Supply Chain
Surround Insurance – Six Months In – In Massachusetts
InsurOp-Ed: Time to Make Government Action Exclusions More Equitable?
How Agents Can Ensure Home Improvement Projects Are Reflected Properly Within Their Clients’ Homeowners Policies
InsurOp-Ed: What Does “Direct Physical Loss Of Or Damage To Property” Mean?
Bouncing Back: Working to Recover and Rebuild Following COVID-19
InsurOp-Ed: Certificates of Insurance: What Limits to Show?
InsurOp-Ed: Biden Tax Plan’s Impact on Insurance Agencies
Insurer News & Announcements
Two Weeks Later CNA Insurance Now Back Online
The Top 25 P&C insurer was the victim of a sophisticated ransomware attack on March 21, 2020.
Chubb Issues Statement in Response to The Hartford
In an interesting twist, Chubb issued a follow-up statement to the The Hartford’s statement rejecting the insurer’s unsolicited proposal to acquire the Connecticut-based insurer.
Farmers Enters The Massachusetts Marketplace With Direct-to-Consumer Insurance Policies
Farmers Insurance is currently the ninth largest P&C Insurer in the U.S.
UPDATE: The Hartford Rejects Chubb’s $65 Per Share Tender Offer
A potential merger could result in the creation of the fifth-largest P&C Insurer in the U.S.
