Insurance
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FM Global is creating 36 new jobs in information technology at its corporate offices here, the company said in a press release Wednesday, among more than 300 hires made in Rhode Island in the last five years. more
Amica Mutual Insurance Co. reported net income of $149.5 million in 2013, more than double its 2012 profit of $71 million, according to financial results announced by Chairman, President and CEO Robert A. DiMuccio at the company’s annual meeting on Thursday. more
Hurricanes, blizzards, tsunamis and volcanoes disrupt travel plans. The globe is dotted with political uprisings. Travelers still have to deal with the standard concerns of canceled flights and sudden illness. more
WalletHub, the personal finance social network, released a study looking at the rates at which S&P 100 companies are taxed at the state, federal and international levels. more
The revelation that many plans in the Patient Protection and Affordable Care Act’s health-insurance exchanges have high deductibles has put many of the law’s conservative opponents into a corner: Once in favor of high deductibles, these critics of Obamacare are suddenly worried about the risk to consumers. The data show why their new position makes more sense. more
J.D. Power has named Amica Mutual Insurance Co. to its 2014 Customer Champions list, one of 50 U.S. brands that were selected from among 600 that were examined. more
Starkweather & Shepley Insurance Brokerage Inc., has launched a health care platform designed to help business owners choose benefits plans, support record keeping and provide data integration, the company said in a release Oct. 27. more
The University of Rhode Island’s Coastal Resources Center is using a $75,000 grant from the Rhode Island Foundation to coordinate shared use of maps and data across state agencies as it helps the public prepare for the next major storm. more
FM Global on Tuesday reported full-year 2013 net income of $1.02 billion, a 31.9 percent increase over the $774.4 million reported in 2012. Although the commercial property insurer saw its net revenue drop 1.1 percent last year to $4.02 billion from $4.06 billion a year earlier, gross premiums earned increased 5 percent to $5.6 billion. more
J.D. Power has ranked Amica Mutual Insurance Co. highest in overall customer satisfaction with regard to homeowners insurance claims. more
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