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In April 2022, Massachusetts-based Fidelity Investments announced it would be the record keeping service provider of MassMutual's corporate 401K plan. [79] A total of 11,593 employees make up the company's global workforce. [80] As of 2016, MassMutual Life Insurance holds Fortune 500's 76th place – up from 2015's 94th. [81]
The group conducts business in Massachusetts, New Hampshire, and New Jersey, and writes over $400 million in Direct insurance premium. [1] Founded as The Norfolk Mutual Fire Insurance Company in 1825, The N&D Group is one of the oldest mutual insurance companies in the United States .
The Hanover Insurance Group, Inc. is an insurance company based in Worcester, Massachusetts.It was the original name of a property-liability insurance firm established in 1852, and it remained a publicly traded company under that name until the early 1990s, when it changed its name to Allmerica Property & Casualty Companies.
Car insurance for a driver with a clean record in Massachusetts averages $410 per year for state-mandated minimum coverage, and $1,683 for full coverage, which includes collision and comprehensive ...
The Hartford is the 13th-largest property and casualty insurance company in the United States. [5] It sells products primarily through a network of agents and brokers, and has also been the auto and home insurance writer for AARP members for more than 25 years. [6] [7]
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In 2008, the Massachusetts Commissioner of Insurance decided to “discontinue the practice of state-set rates for private passenger auto insurance and allow insurers to propose rates.” [2] A monumental occurrence for Massachusetts insurers, this decision came after the ill-fated 1977 attempt to allow full competition in the private passenger ...
The Massachusetts RMV partnered with Boston Software Corporation to provide an online service enabling insurance agents to renew and reinstate vehicle registrations. With this online insurance ...