The Hanover Insurance Group in Worcester announced late Thursday it had a $13.5-million loss in the fourth quarter, and for year the company had half the annual profits of 2015.
Eastern Insurance Group in Natick announced Wednesday it has acquired the assets of the Chase and Lunt Insurance Agency in Newburyport for an undisclosed sum.
Jay Gonzalez, a former secretary of Administration and Finance who left his job as CEO of the health insurer CeltiCare in December to pursue the governorship, made his campaign official on Monday.
Webster-based insurer MAPFRE U.S.A. announced on Tuesday that Alfredo Castello officially succeeded Jaime Tamayo as president and CEO of the company's North American region.
In December, Worcester law firm Bowditch & Dewey sold its building at 311 Main St. for $2.8 million to Cliff Rucker, who owns the Worcester Railers Hockey Club and is redeveloping properties around the city, including a hockey rink in the Canal District. The firm then signed an eight-year initial lease, with Rucker agreeing to make renovations.
Hopkinton solar installer Solect Energy has partnered with a Medford-based specialty food distributor to install a 446-kilowatt solar array on the roof of the distributor's 75,000-square-foot warehouse and office facility.
Gov. Charlie Baker's plan to address rising public and private health care costs by capping provider prices and fining employers that don't offer coverage drew a strong rebuke from some in the business community Tuesday.