Business Moves December 2, 2013 Eastern Insurance Group, Westover Insurance Eastern Insurance Group, an insurance agency and a subsidiary of Eastern Bank based in Natick,...
Best Agencies December 2, 2013 By Andrea Wells The independent agency system is strong and getting stronger. Thanks to a focus on specialization, investments in technology and staff,...
Report Shows Nearly 5 Million Homes Endangered by Wildfires December 2, 2013 More than 4.5 million U.S. households are at high or extreme risk from wildfire, according to new analysis by Verisk...
When Coverage Isn’t Enough: Managing Risk a Challenge for Insureds December 2, 2013 By Amy O'Connor Companies of all types and sizes are facing increased risks, but many are not putting adequate programs in place to...
Lexington’s Johnson on U.S. Surplus Lines December 2, 2013 The surplus lines industry experienced tough times in 2012. But that hasn’t been the story for 2013, says Jeremy Johnson,...
Program Market Growth: New Study Shows Business Up 10% December 2, 2013 Program insurance premium revenues increased 10.8 percent in 2012, more than three times the rate of premium growth in the...
The Mutual Mistake Doctrine and the Purchase of Insurance December 2, 2013 By Steven Plitt Every day insurance agents throughout the United States meet with potential insureds to transact the purchase of insurance. Typically, the...
Administrators Rank Top Carriers December 2, 2013 In the TMPAA survey, respondents were asked to rate 13 carrier attributes in terms of their importance to a successful...
Tower Group to Cut 140 Jobs After Q2 Loss December 2, 2013 By Susanne Sclafane Tower Group International Ltd. is cutting about 140 jobs, or 10 percent of its workforce, after posting a second-quarter loss...
Insurers’ Asbestos, Environmental Losses Rose 12% in 2012 November 18, 2013 While generally not a material drag on the U.S. property/casualty industry’s earnings, industry losses from asbestos and environmental (A&E) claims...