Superstorm Sandy was the third destructive storm to hit the East Coast in 14 months. The property destruction and interruption of business operations caused by the storm and the potential for storm-related losses during the winter are reminders of the importance of having insurance and understanding what to do in the event of an insured loss. more

The Beacon Mutual Insurance Co. will issue a 4 percent dividend payment to its 11,700 policyholders, the company announced Thursday. more

Starkweather & Shepley Insurance Brokerage Inc. has been recognized as one of the “10 Agencies That Get It Right” by insurance industry publication Best’s Review magazine. more

A man-made sand dune, stretching about 200 yards and engineered with steel rebar, its top covered with planted grasses, is the largest built object still standing along the entire Atlantic Avenue beachfront in Westerly. more

Johnston-based property insurer FM Global was named one of five companies with the Best Benefits Practices of 2012 by the New England Employee Benefits Council. more

BOSTON – Massachusetts motorcycle owners will receive more than $2.8 million in refunds as a result of settlements with two insurance companies that allegedly overcharged thousands of policyholders, Attorney General Martha Coakley announced last week. more

FM Global has been named the best commercial property insurer overall, as well as for service and expertise, in Business Insurance magazine’s 2012 Buyers Choice Awards. more

Onex Corp., Canada’s largest publicly traded buyout firm, agreed to buy USI Insurance Services LLC from a fund run by Goldman Sachs Group Inc. in a transaction valued at $2.3 billion. more

The Internet age has spawned a new type of criminal, hackers that can introduce viruses, malware or conduct simple theft. If you think it can’t happen to your company, guess again. more

Blue Cross & Blue Shield of Rhode Island recently raised more than $5,300 during a wine-tasting event benefiting Friends Way, Rhode Island’s only bereavement center for children and families. more