All the headlines from our Massachusetts Topic Page, ordered by recency.
Oct 27 2004 // Fireman’s Fund Insurance Company, on behalf of its various subsidiary companies, has reportedly rescinded its decision to withdraw from the Massachusetts personal automobile insurance market.“Over the past...
Oct 20 2004 // Two former Pittsfield, Massachusetts residents who reportedly submitted false claims to an auto insurance company were found guilty of insurance fraud, Attorney General Tom Reilly announced.Myriam Mojica, 40, and Rafael...
Oct 12 2004 // The Mass. Attorney General has recommended that agents’ auto insurance commissions be frozen at $114 per vehicle until further proof of agencies’ actual expenses is made available. The AG is pressing for...
Oct 12 2004 // Massachusetts would spend an extra $1.7 million to hire additional amusement ride inspectors, force ride operators to boost liability insurance from $1 million to $5 million and create stricter education requirements for...
Oct 4 2004 // Massachusetts Insurance Commissioner Julianne Bowler has postponed the second public hearing into changes to the state’s high risk sharing pool that was scheduled for today until Oct. 20.The Division of Insurance...
Oct 4 2004 // Four men, including three “Big Dig” workers, were indicted last week in Massachusetts in unrelated cases for allegedly receiving workers compensation payments totaling more than $300,000 while holding down...
Oct 1 2004 // The last bid in the process of setting 2005 Massachusetts private passenger auto insurance rates is in. The State Rating Bureau (SRB), the consumer arm of the Division of Insurance, has recommended that rate go up just...
Sep 30 2004 // Following up on his previous assertion that auto insurance in the state is actually too profitable, Massachusetts Attorney General Thomas F. Reilly has now called for a 6.2 percent cut in private passenger auto insurance...
Sep 27 2004 // Every mobile carnival ride in Massachusetts will get an inspection by years’ end, and a task force will look into stricter safety rules after a fatal accident at a church fair in Shrewsbury last weekend.Six certified...
Sep 23 2004 // Sixteen people, including three lawyers and four chiropractors, have been indicted by a special grand jury in Essex County for their alleged involvement in auto insurance fraud in Lawrence.The 16 were summonsed for...
Sep 23 2004 // The U.S. Consumer Product Safety Commission is investigating the carnival ride accident that killed one rider and injured two others at a church fair in Shrewsbury, Mass.Andrew R. Fohlin, a 38-year-old resident of a nearby...
Sep 20 2004 // A request by Massachusetts agents for a 32 percent boost in commissions brings the overall private passenger auto insurance rate hike sought by the industry for 2005 to 9.3 percent, up from the original 5.8 percent figure,...
Sep 20 2004 // Massachusetts Insurance Commissioner Julianne Bowler has approved plans to implement a limited servicing carrier program for the state’s commercial auto residual market as proposed by Commonwealth Auto Reinsurers...
Sep 20 2004 // Perhaps coming under the heading of, “you can take the man out of Texas but you can’t take Texas out of the man,” William Thornton, president of Acadia Insurance Company in Westbrook, Maine, was presented...
Sep 14 2004 // The Property Casualty Insurers Association of America (PCI) and several other insurance industry groups are urging Massachusetts Gov. Mitt Romney to veto a section of the 2004 supplemental budget dealing with the payment...
Sep 13 2004 // The Insurance Library Association of Boston will present its annual Insurance Professional of the Year Award to industry leader and public servant, David J. Lane, an owner and chairman of Hastings Tapley Insurance Agency,...
Sep 12 2004 // Massachusetts Insurance Commissioner Julianne Bowler has asked Commonwealth Auto Reinsurers (CAR) to revise its proposed residual market plan but CAR governing committee members have questions they need answered before...
Sep 10 2004 // A Hopkinton, Massachusetts man has pleaded guilty to misrepresenting to a contractor that he had workers’ compensation coverage for his employees and then filing a bogus claim with his homeowners’ insurance...
Sep 8 2004 // An Agawam, Massachusetts paint contractor was convicted this week in federal court for reportedly obstructing a federal racketeering investigation.United States Attorney Michael Sullivan; Kenneth Kaiser, Special Agent in...
Sep 2 2004 // Officials at Banknorth Group, Inc. (NYSE: BNK) of Portland, Maine, and TD Bank Financial Group (TDBFG) of Toronto announced that they have signed a definitive agreement for TDBFG to acquire 51 percent of the outstanding...