The U.S Department of the Treasury announced today the appointment of 15 individuals to the Federal Advisory Committee on Insurance. This committee will provide advice to the Treasury’s Federal Insurance Office (“FIO”) created by The Dodd-Frank Wall Street Reform and Consumer Protection Act. The FIO was created to monitor all aspects of the insurance industry, […]
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GEICO and Quincy Mutual Representatives Join CAR Governing Committee
Commissioner Murphy has approved and appointed two new members to the CAR Governing Committee. Effective October 31, 2011 Ms. Carol M. Berthold the Residual Marketing General Manager of GEICO and Mr. John P. Tierney, Sr. Vice President & Chief Actuary of the Quincy Mutual Group are members of the CAR Governing Committee. Each of their […]
Customizable Small Commerical Quotes for Agents
The Hanover now offers its agents a new customizable quote proposal available through the company’s point of sale system for business owner’s policies (BOPs), commercial auto and worker’s compensation. This new capability demonstrates once again – that Hanover is a better choice for small commercial – one that doesn’t approach the business with simple, black […]
RMV Moving to Five-Year License Renewal in November
Agents, the RMV wants to remind everyone that November will be the beginning of a five-year license renewal cycle that began in 1991, replacing the previous four-year cycle. As a result, the number of license renewals is expected to increase by 50% and to stay that way for the coming months. Here is what the […]
Special Events Get Extra Attention from Travelers
The Traveler’s “Protection Plan” for Events has been expanded to go beyond weddings and will now include specific coverages for privates special events including: anniversaries; birthdays; sweet sixteen celebrations; baby showers; holiday parties; and retirements among others The Travelers believes that at a time when people are more cautious than ever about spending their money, […]
