Officially Assumed Duties on April 14, 2024
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Latest News
Spilka Pledges “Comprehensive Climate Bill” In Senate
Ashland Dem Also Weighs In On MCAS Question, HPC Powers
Surge in Vehicle Thefts Last Year in Massachusetts
One of the Top 10 States by Percent Increase
Insurance Commissioner’s Job Now Open to Public Applicants
Historic Shift to Public Hiring Process For Commissioner of Insurance Position
AFLAC Agent Indicted For Identity Theft And Larceny in Insurance Fraud Scheme
Charges Announced Against Boston Resident
Insurance Agency Mergers & Acquisitions in Massachusetts | Q1-2024
Our proprietary list of purchases and sales of insurance agencies in New England
Insurance Agency Mergers and Acquisitions Decline in First Quarter
Deals for property & casualty and benefits brokers in US and Canada dip 18% YTD, OPTIS Partners reports
Norfolk & Dedham and Union Mutual Announce Affiliation
Two of the Oldest Mutuals in the Nation Join Forces
Insurance Coverage Cases
Massachusetts Court Upholds Insurer’s Right to Repair or Total: What You Need to Know
First Circuit Reverses Insurer’s $1.8M Recovery of Settlement And Defense Costs From Insured
What You Need To Know About The Massachusetts Insurance Certificate Law
Marsh Files Motion to Dismiss Harvard’s $15 million E&O Suit
Fail To Fully Follow FCRA? You’d Better Check Your EPLI (This Case Shows Why)
Hospital Wins Appeal for Coverage of COVID-19 Contamination Losses
SJC to Decide: What is Surface Water in a $400M Insurance Dispute?
Beyond the Invoice: Commerce Awarded $24k, Seeks $910k in Fees from Tow Company
Economic & Legislative News in Massachusetts
Drivers Rally With National Union Leaders
Companies Argue Drivers Prefer To be Independent Contractors
Senate Dems Back “Wholesale Extinction” Of Competitive Suppliers
Part of “Hat Trick” Including New Requirement For Home Insurance Policies
Cannabis Sales Top $1 Bil For Third Straight Year
Record $8.5 Mil In Sales On 4/20
Spilka Pledges “Comprehensive Climate Bill” In Senate
Ashland Dem Also Weighs In On MCAS Question, HPC Powers
Spilka: Mass. Tolling System “Not Fair At All”
Healey: Tibbits-Nutt Comments “Do Not Represent The Views Of This Administration”
Mid-April Tax Collections Up, But State Downplays Significance
April Most Critical Month For State Finances
New England Newswire
Vermont DFR Issues Comprehensive Bulletin on Use of AI Systems in the Business of Insurance
By AC Editor
Bulletin Provides Clear Guidance For Insurers
New Hampshire Insurance Department and New England College Announce Second Year of Innovative Insurance Industry Course
By AC Editor
Four Credit Course Scheduled To Begin in Spring 2024
Arthur J. Gallagher & Co. Acquires The Rowley Agency, LLC
By AC Editor
The Rowley Agency is one of Northern New England’s largest independent insurance agencies.
Patriot Growth Insurance Services Expands Footprint In New England Region
By AC Editor
This is the third agency acquisition in New England for Patriot in 2023
InsurOp-Eds
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
InsurOp-Ed: Horrible Policy Forms and Endorsements To Avoid or Be Wary Of
By Bill Wilson
InSurOp-Ed: What ChatGPT Says About Exclusions in Insurance Policies…
By Nina Kallen
InSurOp-Ed: Auto Insurance and Resident Adult Children
By Bill Wilson
Interviews
MassDrive: A Traditional Agency Using Technology to Drive Its Success
CNA’s Commercial Underwriting Officer Charlie O’Donnell Talks About Being Back in Boston and His Plans for New England
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
In Real Time With Steve Aronson of Aronson Insurance
A Conversation with Daniel C. Bridge – The 2023 Insurance Professional of the Year
How Apliant Is Applying Technology To Empower Insurance Agents
Exiting with Integrity: Chatting with Richard Savage, The Savage Insurance Agency
Ratings & Results
Vermont Mutual Weathers “Perfect Storm” Despite AM Best’s Negative Outlook
By AC Editor
A Breakdown of the Reasoning Behind AM Best’s Negative Outlook
Safety Insurance Group Reports Record Premium Growth Amid Elevated (107.7%) Loss Ratio
Full Year 2023 Results Show 20.4% in Premium Growth But With A Combined Ratio of 107.7%
Progressive Reports Strong Financial Results for January 2024
Announced Robust Growth Across Business Lines
The Hanover Insurance Group Delivers Strong Finish to 2023, Eyeing Growth and Profitability Ahead
A Quarter to Remember
Outstanding Growth for December 2023 and Fourth Quarter Says Progressive in Latest Report
Yearly net income up 540% in calendar year 2023 from calendar year 2022