All the headlines from our Massachusetts Topic Page, ordered by recency.
Jun 6 2005 // The issue before the court is whether the Commissioner has the authority to implement an ARP. The court will not be ruling on specific provisions of the ARP.Over the last month or so there has been a great deal of concern...
Jun 1 2005 // Reportedly tired of waiting, Gov. Mitt Romney will today announce a legislative reform package for the Massachusetts auto insurance system, bypassing his own task force that had promised to come up with its own measures by...
Jun 1 2005 // Massachusetts auto insurers would be required to provide up to a five percent discount to good drivers with clean records but be able to set other rates up to a cap of 15 percent on liability coverage under an auto...
May 23 2005 // With summer right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the Easy Rider days of...
May 23 2005 // With summer right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the Easy Rider days of...
May 19 2005 // Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in premiums paid by employers. The new rates...
May 16 2005 // An auto insurance market where companies can compete on the prices charged and the products provided would benefit Massachusetts drivers, according to the American Insurance Association (AIA).AIA testified Monday at the...
May 12 2005 // In one of the largest malpractice verdicts in state history, a jury has awarded $23.8 million to the parents of a girl born with cerebral palsy after a traumatic delivery at Massachusetts General Hospital.The Suffolk...
May 9 2005 // While the National Association of Insurance Commissioners is considering changing the accounting rules for finite reinsurance transactions, Massachusetts is proceeding with a tightening of its own reporting...
May 9 2005 // State regulators and auto insurance companies doing business in Massachusetts are opposed to a legislative proposal that would impose $15 million in new surcharges on insurers to pay for police training. Insurance...
May 9 2005 // Massachusetts insurance company trade associations and companies recently filed a friend of the court brief defending the reforms of the state’s auto insurance system pursued by Insurance Commissioner Julianne...
May 3 2005 // While the National Association of Insurance Commissioners is considering changing the accounting rules for finite reinsurance transactions, Massachusetts is proceeding with a tightening of its own reporting...
May 2 2005 // Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving history beginning in 2006.The revised...
Apr 28 2005 // Fitch Ratings has affirmed the ‘BBB’ long-term issuer and senior debt ratings of the Commerce Group Inc. (CGI). Additionally, Fitch has affirmed the ‘A’ insurer financial strength ratings on...
Apr 21 2005 // A proposal to surcharge auto insurance policyholders $15 million to pay for police training reportedly unfairly forces responsible motorists in Massachusetts to fund a program that benefits every citizen and business in...
Apr 20 2005 // Reforms of the Massachusetts high risk auto insurance pool will benefit the market and consumers, according to the American Insurance Association (AIA).Last Friday, AIA joined with the Massachusetts Insurance Federation...
Apr 19 2005 // The Property Casualty Insurers Association of America (PCI) joined with a group of insurers and insurance trade associations in filing a friend of the court brief on April 15 urging the Massachusetts Superior Court to...
Apr 18 2005 // While Massachusetts insurance officials are weighing a request by the industry to inch up workers’ compensation rates by 1 percent, a new study suggests that claim costs are accelerating by leaps and bounds, largely...
Apr 18 2005 // With spring right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the “Easy...
Apr 8 2005 // Workers’ compensation costs per claim in Massachusetts grew rapidly in the two most recent years, according to a new study by the Workers Compensation Research Institute (WCRI). The major factor driving these costs...