If I own or manage a private trust company (PTC), what insurance do I need? This is a great question and, as in many situations, the answer is that it depends. It depends on whether a public trust ...

In an ILIT, the grantor or creator of the trust cannot change the terms or beneficiaries of the trust, just like any irrevocable trust. However, grantors may place one or more life insurance policies ...

Thirteen municipal entities plan to enroll in state Group Insurance Commission coverage in the upcoming plan year, as the agency weighs potential benefit changes to constrain rising health care costs.

HADLEY — With a Dec. 1 deadline looming for deciding whether to leave the Hampshire County Group Insurance Trust, Hadley officials recently learned of the growing likelihood that the town will remain ...

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...

AM Best has downgraded the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating to “bbb-” (Good) from “bbb” (Good) of The Group Insurance Trust of the ...