As Agency Checklists reported last week, the Governing Committee of CAR approved the selection of Horton International as the Executive Search firm charged with recruiting candidates to replace retiring President Ralph Iannaco. Horton International is an executive search firm founded in the U.S. in 1978. It specializes in the recruitment of talent for a variety […]
CAR news
CAR to Hire Executive Recruiting Services to Find Replacement for Iannaco
Commonwealth Automobile Reinsurers announced that is now accepting Request for Proposals for Executive Recruiting Services to assist the Governing Committee in the selection of a candidate to succeed CAR’s outgoing President Ralph Iannaco. Mr. Iannaco announced his retirement earlier this year effective June 30th. In the announcement it states that the Governing Committee is seeking […]
Occidental, GEICO and Bankers Standard Insurance Co. Now Eligible for MAIP Assignments
At the April 20, 2011 CAR Governing Committee Meeting, CAR President Ralph Iannaco announced that three new carriers are now eligible for assignments through the MAIP, the Massachusetts Automobile Insurance Plan. Occidental Fire and Casualty, Geico and Bankers Standard Insurance Company are now eligible for assigned risk assignments through the MAIP. Both Occidental and Geico […]
Proposed Amendment to Performance Standards for Payment & Handling of Private Passenger Motor Vehicle Claims
On Tuesday, March 8, 2011 at 10:00 a.m., the Massachusetts Division of Insurance will hold a hearing regarding the proposed amendments to the Performance Standards for the Handling and Payment of Private Passenger Claims by Servicing Carriers. Commonwealth Automobile Reinsurers or CAR adopted these standards on November 3, 2010. Pursuant to Massachusetts Insurance Law, the […]
CAR’s President to Retire in June 2011
On January 14, 2011 the Commonwealth Automobile Reinsurer’s website announced the intent of longtime President, Ralph (Buddy) Iannaco, to retire effective June 30, 2011. According to the Insurance Library Association of Boston, Mr. Iannaco began his career in 1964 when he was named Secretary of the Board of Appeals in the Division of Insurance by […]
