Insurance
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UnitedHealthcare named new sponsor of Newport Marathon
UnitedHealthcare Employer & Individual of New England has been named the new title sponsor for the UnitedHealthcare Newport Marathon, taking over for Lincoln-based Amica Mutual Insurance Co., which held the title sponsorship position since 2009. more
| 5/9/13
FM Global to offer record ‘membership credit’
Clients of FM Global, the Johnston-based commercial property insurer, will receive a collective $435 million in premium reductions as part of a record “membership credit” to policy holders. more
| 5/7/13
Starkweather & Shepley acquires Braintree-based firm
Starkweather & Shepley Insurance Brokerage Inc., Rhode Island’s largest independent insurance agency, has acquired Braintree, Mass.-based Crosbie-Macdonald MD Insurance Services, Starkweather & Shepley announced Friday. more
| 4/12/13
Barnum Financial Group named MetLife’s 2012 firm of the year
Barnum Financial Group, an office of MetLife, has been named MetLife’s 2012 Firm of the Year. The company, which has five locations in Rhode Island, was also awarded the company’s highest management honor, the 2012 Individual Distribution Firm of the Year, the company announced recently. more
Amica ranks highest for customer satisfaction
Amica Mutual Insurance Co. has ranked highest in customer satisfaction on the J.D. Power and Associates 2013 Property Claims Satisfaction Study, the insurer announced Wednesday, adding that this is the second consecutive year that Amica has ranked highest in the study. more
| 4/3/13
Despite Sandy FM Global posts 2012 profit, reversing 2011 loss
FM Global, one of the world’s largest business property insurers, ended 2012 with posted revenue of $5.5 billion, an 8.6 percent increase over 2011’s total. more
Beacon Mutual to host small business expo
An expo on funding, legal issues, copyrights and other topics affecting small business will be held April 23 at the Providence Marriott. The expo, “A Beacon for Small Business,” is sponsored by The Beacon Mutual Insurance Company. more
MetLife shifts workers to North Carolina
(Updated, 3:30 p.m.) MetLife Inc., the largest U.S. life insurer, is shifting workers to North Carolina as CEO Steven Kandarian seeks to reduce costs. more
Despite Sandy, Amica sees 2012 profits rise
Despite a second consecutive year of “historic catastrophic claims,” the Amica Mutual Insurance Co. saw its bottom line increase 14.6 percent year over year in 2012. more
| 2/21/13
Vehicles damaged from Sandy tops 250K
More than 250,000 vehicles were damaged across parts of the United States as a result of Hurricane Sandy, the National Insurance Crime Bureau announced Thursday. more
| 2/21/13
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