Insurance

Liberty Mutual Group Postpones IPO

Liberty Mutual Group is postponing the initial public offering of stock in Liberty Mutual Agency Corp., citing “the stalled economic recovery, volatile stock market and undervalued property and casualty insurance stock prices.”

Insurers Inflamed Over Quincy Fire Law

To hear Mike Rivera tell it, the services provided by his company, Fire Recovery USA, are old news. But to many in the insurance industry, Rivera’s company is bringing a new and dangerous trend to Massachusetts.

Insurers Left Wondering How To Legally Tweet

Insurance and financial services companies have to follow a boatload of compliance regulations regarding how they advertise their services. But those rules are now being shoehorned into the hectic, informal world of social media, which has firms wading into murky waters.

Fla. Insurance Co. To Expand To Bay State

United Insurance Holdings Corp., a St. Petersburg, Fla., property and casualty insurance holding company, plans to submit applications to write property and casualty insurance in Massachusetts and five other states.

The Hanover Profits Plummet

Second quarter profits at The Hanover Insurance Group plummeted 96 percent compared to a year ago, with the Worcester-based insurer booking a $2.3 million profit amid $85 million in catastrophe losses.

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