The Division of Insurance released its figures regarding Tropical Storm Irene. It estimates that total insurance claims from the tropical storm now number 28,500 and total damages total approximately $90,000,000. Here is a breakdown on the claim and damage amounts by county: Claims by County in the Commonwealth Barnstable: 1000 claims totaling $2,600,000 Berkshire: 350 […]
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Governing Committee Agrees to CAR Rule Change, Allstate Appointment…
In addition to unanimously approving Daniel R. Judson as the new President of CAR, the Governing Committee also made the following decisions at its September 21st meeting: The LAD Agreement between Pilgrim Insurance and Bankers Standard Insurance Companies was approved with one recusal. The Governing Committee unanimously approved Allstate Insurance Company’s appointment as an ARC […]
Daniel Judson The New President of CAR
Earlier this morning, the Governing Committee elected Daniel Judson as the new President of CAR or The Commonwealth Automobile Reinsurers. Mr. Judson, began his legal career at Hunt & White and worked for a number of years with the Massachusetts Division of Insurance in a variety of positions including counsel, deputy commissioner and general counsel. […]
Governing Committee To Vote on Nomination of Daniel Judson As New CAR President
Daniel Judson appears to be one step closer to becoming the new President of the Commonwealth Automobile Reinsurers. As Agency Checklists reported earlier, Scott Esposito of Horton International along with the Preliminary Screening Committee have been working since the Spring to find a replacement for Ralph Iannnaco, who retired in June of this year. Mr. […]
Andrew A. McElwee becomes EVP and Chief Underwriting Officer of Homesite Insurance
Homesite Insurance, the national, full-service property insurer for the condominium and renters markets recently announced the appointment of Andrew A. McElwee, Jr. as its Executive Vice President and Chief Operating Officer. In his new role, Mr. McElwee will be part of Homesite’s executive management team and will be responsible for the underwriting profit of the […]
