Strong sales at MassMutual’s Retirement Services Division have prompted the Springfield-based insurer to add two relationship managers to its staff, the company announced.

The Savings Bank Life Insurance Co. of Massachusetts (SBLI) has praised Gov. Deval Patrick for signing a bill which will strip the requirement to charge men and women the same rates for life insurance.

Sovereign Bank and Liberty Mutual Insurance will join to provide Sovereign customers with Liberty Mutual’s personal insurance products.

A gender law affecting insurance rates could force Savings Bank Life Insurance out of the state, according to reports.

American International Group Inc. said late Wednesday that Harvey Golub resigned as chairman, citing a bad working relationship with CEO Bob Benmosche.

“Subrogation” isn’t a term most insurance customers know. But according to Framingham’s Insurance Recovery Group, it’s a growing area of the insurance industry, and it’s a specialty the company has cultivated over the past 20 years.

Insurance agents running scared.

Consumer advocates applauded and at least one insurance company approved, but Massachusetts insurance agents will not be pleased if Attorney General Martha Coakley’s proposed auto insurance regulations come to pass.

New regulations proposed by Martha Coakley attempt to micromanage the day-to-day business of thousands of independent insurance agents in the Bay State, disrespecting their ability to do their job professionally, according to the head of the Massachusetts Association of Insurance Agents.

A new study finds black Americans place a greater emphasis on having adequate life insurance, and are twice as likely to consider purchasing life insurance for themselves or for someone else in their household, compared to the total U.S. population.

Savings Bank Life Insurance has spent much of the last 20 years hobbled by a law that essentially requires the company to charge women higher rates for life insurance. Despite the handicap, the company has grown and thrived – but times are changing, and company executives say the problem has become large enough that the situation is “unsustainable.”

Illinois insurer Zurich in North America, a subsidiary of Zurich Financial Services Group, has appointed Marsh U.S. Consumer, a service of Seabury & Smith Inc., the new administrator for its programs and direct markets lawyers’ professional liability program in Massachusetts and seven other states.

Springfield-based MassMutual’s Retirement Services Division has been selected by McLaren Health Care Corp. as the new provider for its 403(b), 401(k), 457(b) and 457(f) retirement plans.

Ratings company A.M. Best Co. has revised its outlook to negative and affirmed the financial strength rating of A++ (superior) and issuer credit ratings (ICR) of “aa+” of Springfield insurer MassMutual and its life/health subsidiaries.