December 13, 2016 – The proposed affiliation between the two mutual insurers is likely to be completed by the end of 2017.
MA Insurer News
Boston-based Liberty Mutual To Acquire IronShore In $3 Billion Dollar Deal
Ironshore is a leading Excess & Surplus lines insurer with strong ties in Massachusetts…. Boston’s Liberty Mutual Insurance has announced that it has entered into a definitive agreement to acquire Ironshore, Inc. from Fosun International in an estimated $3 billion dollar deal. The transaction, expected to be completed in early 2017, will see the Boston mutual […]
Mass. Division of Insurance Approves Acquisition of Quincy’s UC&S By The General Indemnity Group, LLC
December 6, 2016 – The Division has issued its decision regarding the request for approval of the G insurer, UC&S, is based in Quincy, while the purchaser, GIG, is based in Boston.
A.M. Best Downgrades Massachusetts’ SBLI
November 28, 2017 – The Savings Bank Life Insurance Company of Massachusetts has been selling affordable life insurance for over 100 years.
UPCIC’s Universal Direct Launches in Massachusetts
November 22, 2016 – The new online platform for Universal Property & Casualty Insurance Company has already written its first Mass. homeowners policy.
