All the headlines from our Massachusetts Topic Page, ordered by recency.
Aug 22 2005 // Massachusetts-based Allmerica Financial Corporation announced Monday that it has entered into a definitive agreement to sell its run-off variable life insurance and variable annuity business to The Goldman Sachs Group...
Aug 18 2005 // ProMutual Group, the laregst writer of medical malpractice insurance in the Northeast, is expanding its successful patient safety program aimed at reducing the incidence of shoulder dystocia.Shoulder dystocia is a birth...
Aug 16 2005 // Massachusetts insurance agents are asking for an 18 percent boost in private passenger auto insurance commissions for 2006. If approved, the request would raise the average commission from $119.50 to $141.23.The...
Aug 12 2005 // Citing a drop in claims, the Automobile Insurers Bureau of Massachusetts filed its proposal for 2006 personal auto insurance rates with the Commissioner of Insurance Julianne Bowler on behalf of insurance companies. The...
Aug 11 2005 // Federal prosecutors are investigating the conduct that led to the firing of former MassMutual chief executive Robert J. O’Connell, the company disclosed in court documents.The company acknowledged the federal probe...
Aug 8 2005 // Massachusetts Court Favors Homeowners in Trespass by Golf BallsTo drive home her point, Joyce Amaral lugged six plastic buckets containing a total of 1,800 golf balls into court. The balls were just some of those she...
Aug 8 2005 // To drive home her point, Joyce Amaral lugged six plastic buckets containing a total of 1,800 golf balls into court. The balls were just some of those she claimed to have retrieved from her yard in the five years she and...
Jul 28 2005 // The Commerce Group Inc. out of Webster, Mass. reported that 2005 second quarter net earnings were $62.6 million, or $1.85 per diluted share, compared to net earnings of $37.4 million or $1.14 per diluted share for...
Jul 13 2005 // A federal agency that oversees workplace safety blamed a contractor for a shipyard crane accident that in January killed two workers, including one from New Hampshire.The Occupational Safety and Health Administration cited...
Jul 4 2005 // When the chief executive officer of the Independent Insurance Agents and Brokers of America spoke before the Virginia Big “I” recently, he snuck in several digs at liberal-leaning Massachusetts, at one point...
Jul 1 2005 // Middlesex Insurance Company, a member of the Sentry Insurance group, has informed Massachusetts Division of Insurance that it will stop offering private passenger auto insurance in the state after this year.The company...
Jun 29 2005 // A bill that would bring a competitive rating system to the Massachusetts workers’ compensation system would be good for the state’s economy, according to the American Insurance Association (AIA).AIA testified...
Jun 23 2005 // Massachusetts Gov. Mitt Romney would require every person in the state to have health insurance under his plan for universal health coverage.The governor described the plan at a health care conference at the John F....
Jun 22 2005 // The day after a court struck a blow to his administration’s reforms of the state’s auto insurance residual market, the powerful independent agents’ lobby also pulled the rug out from under some of Gov....
Jun 20 2005 // A Cold War has erupted in Massachusetts over of all things, the state’s auto insurance system.Republican Gov. Mitt Romney started it. In unveiling a deregulation package he hopes will attract national carriers and...
Jun 20 2005 // Efforts to improve auto insurance markets in New Jersey and Massachusetts, two of the worst states in which to write auto coverage, have yielded several important conclusions.One of the most important is the realization...
Jun 17 2005 // The Diocese of Springfield, Massachusetts is asking a judge to determine how much of a burden the diocese’s insurers should bear in paying for settled sex abuse claims as well as determine their financial...
Jun 14 2005 // The Property Casualty Insurers Association of America (PCI) expressed mixed emotions Tuesday concerning numerous insurance-related bills that were introduced in the Massachusetts Legislature’s Financial Services...
Jun 14 2005 // A major life insurance company and insurance consulting firm will pay $1.3 million to resolve allegations that the insurer brokered a lucrative deal involving hundreds of thousands of dollars in undisclosed commissions in...
Jun 8 2005 // The Liquor Liability Joint Underwriting Association of Massachusetts now offers coverage up to $1 million per person and $1 million per occurrence.The previous coverage limit was $500,000 per person and $1 million per...