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Insurers: Rebuilding A Mixed Bag

By Christina P. O’Neill, Banker & Tradesman New construction springing from still-barren hillsides in Central and Western Massachusetts in the aftermath of last year’s crippling tornadoes is evidence of property and casualty insurers at work. But the picture varies across the commonwealth. The ability of property owners to rebound is a reflection of their financial stability, […]

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Insuring the Survival of Your Family Business

By Richard A. McGrath, CIC, LIA Massachusetts Family Business Your business may be successful today, but will it succeed you? Most businesses don’t last past the first generation. Fewer than a third of family businesses survive into the second generation, only 12% survive into the third generation and a mere 3% make it to the […]

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Reducing Employment Practices Risks

By Lori Widmer, American Express: Inside Edge The recession didn’t just hurt mid-size companies’ sales, profits and cash flow. For some, the economic downturn also resulted in more employee lawsuits claiming everything from discrimination to sexual harassment. As companies reduced their headcounts to reduce costs during the downturn, the number of what’s widely known as […]

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Healthcare Reform Will Hurt Hospitals

By Richard A. McGrath, CIC, LIA Hospital News Many hospitals are closing, merging or experiencing deep financial problems.  But if proposed healthcare reform being debated by Congress becomes law, the financial condition of hospitals will become even worse and the quality of healthcare will suffer. How much worse financial conditions become depends, in part, on […]

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Good Time To Be Shopping For Health Insurance Plan

By Keith Regan, Boston Business Journal Richard McGrath, president of McGrath Insurance Group Inc. in Sturbridge, has a customer base that includes many traditional and technology manufacturing companies trying to figure out methods to save on their employee benefits budgets. Regulations limit how high deductibles can be on health plan and still qualify as coverage […]

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