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City agrees to sell former courthouse for $1.2M for housing, retail

The city of Worcester has agreed to sell the former Worcester County Courthouse to a New Hampshire developer that specializes in historic properties for $1.2 million, according to a statement from City Manager Edward Augustus' office.

Health Connector considers a simplified system

Massachusetts Health Connector officials are considering limits next year on the number of plans that insurance carriers offer through the state's insurance exchange website.

Hanover declares 41-cent stock dividend

Hanover Insurance Group will pay a quarterly dividend of 41 cents per share to its stockholders, the company announced Friday.

Marlborough brokerage arranges warehouse leases for newspaper deliverer

The president of Greater Boston Commercial Properties of Marlborough, Bret O'Brien, represented a newspaper delivery company in arranging leases of warehouse space in Boston, Fall River, and Beverly.
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Grant awarded to rehabilitate veteran’s home

Commerce Bank and Habitat for Humanity MetroWest/Greater Worcester have been awarded a $25,000 grant by the Federal Home Loan Bank of Boston, to help fund the rehabilitation of a single-family home in Worcester for a wounded veteran and his or her family.

MAPFRE North American profits up in 2014

MAPFRE North America recorded premiums of $2.77 billion in 2014, up 4.5 percent from the previous year, the company reported Wednesday.

Mobile advertising for Main Street?

Mobile advertising isn't just for big businesses with big budgets anymore. That's the message one local Internet advertising company, Chitika Inc., is trying to convey to small businesses in the MetroWest region. By partnering with local business groups, the Westborough firm is aiming to acquaint business owners with mobile advertising, and show them they can manage it themselves without shelling out big bucks. It's not so much that mobile advertising hasn't been available to small businesses, said Andrew Waber, a Chitika marketing analyst, but the metrics available to business owners who outsource mobile advertising to third-party services are not all that helpful, he said. Such services typically provide state-level data about who is seeing mobile ads, and where.

Mass. insurers to cover methadone treatment

Private health insurance companies in Massachusetts will cover methadone treatment for people recovering from drug addiction starting this summer.
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MAPFRE widens New England reach

MAPFRE Insurance in Webster will acquire as much as $127 million of business from an insurance company - MiddleOak Insurance of Middletown, Conn., and Salem - to expand its insurance offerings in New England.

Hanover profits beat Q4 expectations

Worcester-based Hanover Insurance Group reported a profit of $89.9 million for the fourth quarter, ending what president and CEO Frederick H. Eppinger called “a strong year for our company.”
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