MAPFRE Insurance News

MAPFRE and AAA Form Jointly Owned Company Serving Washington, North Idaho

MAPFRE Insurance and AAA Washington entered into definitive agreements to form a jointly owned insurance company to write automobile and homeowners insurance in Washington and North Idaho. The joint venture, which was announced on Thursday, is subject to regulatory approval. …

MAPFRE Insurance Hires Sjolin as Vice President of Business Development

MAPFRE Insurance has hired Gary Sjolin as vice president of Business Development. Sjolin, a 30-year industry veteran, will build and lead business development strategies in Massachusetts to reinforce and expand the company’s market position. Prior to joining MAPFRE, Sjolin held …

MAPFRE Insurance Hires Jensen as Northeast Senior VP of Business Development

MAPFRE Insurance has hired Keith Jensen as senior vice president of Business Development for the company’s Northeast Region. Jensen, who has more than 30 years of experience in the property and casualty insurance industry, will lead business development strategies for …

MAPFRE Launches Staying Home Refund for Policyholders During Pandemic

MAPFRE Insurance has announced its Staying Home Refund program, which will return 15 percent of April and May premium to its voluntary personal auto policyholders in Massachusetts, totaling more than $30 million. On average, most policyholders will receive a credit …

Hold the Phone: Massachusetts’ Hands-Free Driving Law to Take Effect

Massachusetts’ new hands-free driving law takes effect this Sunday, February 23rd. The law, signed by Governor Charlie Baker in November, is intended to reduce the number of distracted driving injuries and deaths in the state. It imposes penalties enforced by …

MAPFRE Insurance Set to Exit New York, New Jersey Markets

MAPFRE Insurance has entered into definitive agreements with affiliates of The Plymouth Rock Company to exit the states of New York and New Jersey as part of MAPFRE’s previously announced strategy to focus on its core states and lines of …

MAPFRE Insurance to Provide Coverage for Massachusetts Rideshare Drivers

In an important move aimed at protecting Massachusetts drivers, MAPFRE Insurance will be among the first insurers in the state to offer gap coverage to auto insurance policyholders using their personal cars to drive for rideshare companies like Uber and …

MAPFRE Enters Life Insurance Market in Massachusetts

MAPFRE U.S.A. said it has begun selling a term life insurance product in Massachusetts, where MAPFRE’s affiliate Commerce Insurance Company is the largest auto and home insurance carrier. MAPFRE said it is seeking to leverage its dominant position in the …