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Worcester craftsmanship on display at United Nations

A custom piece of Worcester craftsmanship has been installed at the United Nations in New York City just in time for the visit from Pope Francis, with a display created by Continental Wood Craft housing a Kuwaiti exhibit.

Fitchburg book-storage warehouse changes hands

Signet Enterprises of Akron, Ohio, has acquired Publishers Storage & Shipping that owns a warehouse in Fitchburg.

Hanover Insurance CEO to step down

Frederick H. Eppinger announced Tuesday that he will step down as the president, CEO, and a director of the Hanover Insurance Group, headquartered in Worcester.

Survey: Most business owners lack succession plans

A new survey commissioned by the Massachusetts Mutual Life Insurance Company found a lack of succession planning among businesses with less than half of those surveyed having a buy-sell agreement in place.
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Health insurance rates to spike for 300K in Mass. merged market

Health insurance base rates are poised to spike for about 300,000 people in Massachusetts.

Holliston insurance agency sold to Chicago firm

A growing Chicago-based insurance brokerage has acquired a Holliston-based agency, the brokerage announced Monday.

State delaying merged health insurance markets

It's not the permanent waiver he requested, but Gov. Charlie Baker announced Thursday that two health insurance markets will not be merged for at least a year, a development that the administration says will prevent "price shock" among employers with between 51 and 100 employees.

2016 ballot initiative would legalize marijuana

A proposed 2016 ballot law would allow adults 21 and older in Massachusetts to legally possess up to one ounce of marijuana and authorize marijuana retail outlets, and cultivation and testing facilities, according to sponsors of the proposal.
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Hanover Insurance beats Wall Street estimates

Worcester-based Hanover Insurance Group on Wednesday reported second-quarter earnings of $1.56 per share, beating analysts' estimates by 17 cents. A survey conducted by Zacks had predicted earnings of $1.39.

Study cites millions in savings via Mass. senior care plans

A health insurers' group believes Massachusetts can save tens of millions of dollars a year if poorer senior citizens who would otherwise wind up in nursing homes were enrolled in a senior care plan rather than remain in a Medicare or Medicaid program.
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