Professional Services

MAPFRE U.S.A., the parent of Webster-based Commerce Insurance, has entered the life insurance market with a term life product in Massachusetts.

Southbridge-based Harrington HealthCare and Heywood Healthcare in Gardner have formed a new company that will allow the systems to pool and manage their patients' care, giving them an advantage in negotiating risk-based contracts with insurers.

Fresh off a strong quarter, Hanover Insurance Group of Worcester declared a quarterly stock dividend of 37 cents per share to stockholders of record as of the market close on Sept. 12.

Business owners have a lot to worry about. There are workers to hire, competitors to outbid, suppliers...

Driven by what is said were “strong price increases” for its personal and commercial lines, The Hanover Insurance Group Inc. Thursday reported a bump in both revenue and net income for the second quarter.

Unum, the insurance company that employs more than 600 in downtown Worcester, saw earnings growth in the second quarter based on its core businesses in the United States and United Kingdom, the company reported.

Media and internet company IAC said it will acquire The Princeton Review, the Natick-based test preparation and college admission services company owned by Charlesbank Capital Partners.

Professional business services firm Marsh & McLennan, which has an office in Worcester, has named insurance industry executive Jerry Alderman as president of its New England property and casualty division.

Webster-based Commerce Insurance Co. agreed Monday to pay the state $14.6 million to settle claims that it overcharged motorcycle owners on their insurance policies.

On the same day that a legislative committee heard testimony about restricting the use of non-compete employment agreements, the Senate arrived at a compromise during its debate on a jobs bill that would limit the duration of such agreements to six months and prohibit their use for hourly employees.