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Latest News
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.
Acton Agent Sentenced To 8.5 Years For Stealing $3.8 Million From Clients
An Acton financial adviser and insurance agent has been sentenced to federal prison for stealing over twenty years, $3.8 million from brokerage accounts, insurance policies, and annuities he controlled or managed for clients.
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.