#10. Progressive Direct Insurance Company (NH) 2010 Written Premium: $28,563,937.00 2010 Market Share: 3.4% 2009 Written Premium: $118,928,475.00 2009 Market Share of 3.34%. Position last year: 10 #9. Citizens Insurance Company of America (Hanover) (MI). 2010 Written Premium: $124,133,260.00 2010 Market Share: 3.4% 2009 Written Premium:$134,462,03.00 2009 Market Share:3.78% Position last year: 8 […]
insurance news mass
National Transportation Safety Board Calls on States To Ban Driver Use of Electronic Devices
Despite recent passage of a texting-while-driving ban in Massachusetts, anyone who spends even a short time on the Bay State’s roads will see drivers using increasingly common and sophisticated cell and smart phones while behind the wheel. The national conversation over the safety issues associated with that trend will likely be influenced in the coming […]
Division of Insurance Fines Progressive Insurance
The Division of Insurance announced today a financial settlement with Progressive Direct Insurance Company for $125,000 dollars. The Division of Insurance says that the company “…erroneously informed some Massachusetts consumers that they had used credit information to determine their automobile insurance rate through its website.” State regulations (211 CMR 79.05(13)) do not allow for credit […]
Narragansett Bay Promotes 10, Plans To Hire 15 More
Chief Executive Officer Nick Steffey announced last week the promotions of ten employees he called “shining stars” within the company. During the announcement at the NBIC’s newly renovated headquarters, Steffey cited each employee’s dedication and accomplishments and reaffirmed the company’s commitment to creating “a work environment focused on professional growth and upward mobility.” Four of […]
Another Short Reprieve for the NFIP?
The beleaguered National Flood Insurance Program lingers on in limbo. In a bipartisan vote, the Senate voted to extend S.1958 until May 31, 2012. Senator David Vitter (R-La.) sponsored the legislation. In order to be extended to the May 31st date, however, S. 1958 now must pass the House of Representatives, which according to reports […]
