All the headlines from our Massachusetts Topic Page, ordered by recency.
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...
Sep 1 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,...
Aug 30 2004 // The Massachusetts Association of Insurance Agents (MAIA) has filed for an average agency commission on private passenger auto insurance of $150.84 per vehicle, a 32 percent increase from the current $114 average.MAIA filed...
Aug 27 2004 // Massachusetts Insurance Commissioner Julianne Bowler has ordered Commonwealth Auto Reinsurers (CAR) to make some changes to its proposed assigned auto insurance plan before she will approve it.While commending the proposed...
Aug 26 2004 // The leading writer of auto insurance in Massachusetts says it opposes the changes to the state’s residual market not because it fears competition or dislikes the assigned risk plan concept but because it fears...
Aug 25 2004 // The Liquor Liability Joint Underwriting Authority (LLJUA) of Massachusetts has taken advantage of a new law and filed to write higher occurrence policy limits of $1 million/$1 million.By law, the LLJUA had been limited to...
Aug 23 2004 // While Massachusetts’ officials are overhauling their auto insurance residual market in hopes of attracting new insurers, it is becoming increasingly clear that the legislature will have to join the reform effort if...
Aug 17 2004 // Massachusetts Gov. Mitt Romney on Tuesday signed into law the Commonwealth’s most far-reaching fire safety legislation since the Cocoanut Grove fire in 1942, strengthening the state’s laws to prevent tragedies...
Aug 16 2004 // If Massachusetts private passenger auto insurers get their way, the rates they charge drivers in this state will increase an average 5.8 percent next year.The Automobile Insurers Bureau of Massachusetts (AIB) has requested...
Aug 12 2004 // A jury awarded $1 million to the family of a man whose stomach cancer was overlooked by a Norwood doctor in a malpractice case that lawyers say exposes physicians’ incentives to limit care to HMO patients.Kimiyoshi...
Aug 9 2004 // The average medical payment per claim for the care of injured workers in Massachusetts rose 13 percent in the most recent period but still remained the lowest of the 12 states analyzed in a study by the Cambridge-based...
Aug 3 2004 // Massachusetts Gov. Mitt Romney has signed into law a bill changing from January 1 to April 1 the date that annual private passenger auto insurance rates take effect.The measure had been backed by the Massachusetts...