The Directors of the Commerce Insurance Co. and Citation Insurance Co., the Massachusetts-based subsidiaries of Commerce Group, Inc. have elected Gerald Fels as President, COO and CFO.
Fels, a 26-year veteran with Commerce, will be responsible for managing the overall operations of its two Massachusetts subsidiaries. Commerce Insurance is the State’s largest auto insurer, specializing in personal automobile insurance written through independent agents.
A Certified Public Accountant, Fels also serves as a Director and as the Treasurer of American Nuclear Insurers, a voluntary association of insurers, which provides protection against hazards arising in connection with the operation of nuclear facilities.
Topics Carriers
Was this article valuable?
Here are more articles you may enjoy.
Harbor Emerges From Stealth with $10M Funding to Handle AI-Agent Risk 
KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event 
Business Interruption Claims Approach $1M Average, Says Allianz 
Friend of Suspected FBI Data Thief: ‘Crazy’ Teen Warned Not to Hack Bureau 
