All the headlines from our Massachusetts Topic Page, ordered by recency.
Aug 2 2004 // The current proposal to change the Massachusetts auto insurance residual market to an assigned risk plan is “a Trojan Horse proposal designed to fail in order to produce an endless stream of anti-consumer measures in...
Jul 28 2004 // ProMutual Group, the Boston-based provider of medical malpractice insurance in the Northeast, has launched a new patient safety program aimed at reducing the incidence of shoulder dystocia.Shoulder dystocia is a birth...
Jul 26 2004 // The Commerce Group, Inc. (NYSE:CGI) of Webster, Mass. today reported 2004 second quarter net earnings were $37.4 million, or $1.14 per diluted share, compared to net earnings of $71.5 million or $2.22 per diluted share for...
Jul 26 2004 // The Massachusetts high risk plan currently in the throes of changing from a reinsurance plan to an assigned risk plan now has five new governing committee members.Massachusetts Insurance Commissioner Julianne Bowler has...
Jul 23 2004 // A parade of industry representatives urged Massachusetts Insurance Commissioner Julianne Bowler to approve rules to transform the state’s auto insurance high risk plan into an assigned risk model, but consumer groups...
Jul 22 2004 // The Massachusetts Legislature has approved legislation that insurance agents hope will help eliminate confusion in auto insurance billing.The Massachusetts Senate on Wednesday joined the House in approving House Bill 4675,...
Jul 21 2004 // Massachusetts Insurance Commissioner Julianne Bowler has scheduled a public hearing for July 22 to hear testimony on proposed rule changes to the state’s high risk auto facility.The changes were approved by...
Jul 21 2004 // The average medical payment per claim for the care of injured workers in Massachusetts rose 13 percent in the most recent period studied, according to a new report by the Cambridge-based Workers Compensation Research...
Jul 19 2004 // Massachusetts Insurance Commissioner Julianne Bowler has scheduled a public hearing for July 22 to hear testimony on proposed rule changes to the state’s high risk auto facility. Commonwealth Auto Reinsurers (CAR),...
Jul 13 2004 // Three Massachusetts insurance agencies have agreed to each pay $2,500 in civil penalties and provide legally required information about long-term care insurance, under the terms of three separate assurances of...
Jul 5 2004 // Chairman Tim Hegarty Explains How His Trade Group Serves Big and Small AlikeWhat happens when you put giants like State Farm, AIG, Nationwide and Liberty Mutual in a room with tiny farm mutuals like Husbandsmans Mutual,...
Jul 5 2004 // A number of years ago, very good friends of mine rallied their neighbors in an effort to improve their elementary school. With two young children of their own, they had a vested interest in a better school. But they and...
Jul 5 2004 // Massachusetts officials, moving deliberately to change the image of the state as a regulatory nightmare for insurance companies and to re-make its systems to look more like those found elsewhere, are making progress even...
Jul 5 2004 // Sidney R. Ferenc and Steven M. Menzies were recently elected to new management positions by the board of directors of Applied Underwriters, headquartered in San Francisco. Ferenc assumes the position of chairman of the...
Jul 1 2004 // The Fireman’s Fund Insurance Companies has given notice to Massachusetts officials that it intends to withdraw from the state’s personal automobile insurance market on Dec. 31, 2004, because of continuing...
Jun 29 2004 // The board that oversees the Massachusetts auto insurance high risk facility, Commonwealth Auto Reinsurers (CAR), voted 11-2 in favor of final rules to convert the plan to an assigned risk plan on June 29. The CAR governing...
Jun 25 2004 // Woronoco Bancorp, Inc., the holding company for Woronoco Savings Bank, has signed an agreement to acquire The Colton Agency, Inc., an insurance agency located in Westfield, Mass.The bank plans to merge the agency with its...
Jun 21 2004 // Portland, Me.-based Banknorth Group has signed a letter of intent to acquire Drake, Swan & Crocker Insurance Agency, Inc. of Orleans, Mass. The company expects to finalize the acquisition by July 1.Drake, Swan &...
Jun 18 2004 // Motorcycle drivers upset with the way insurance rates are set in Massachusetts lost a court bid to force the state to reconsider the fairness of its rating system.The Supreme Judicial Court dismissed the complaint by the...
Jun 17 2004 // The Rhode Island Senate has approved legislation introduced by Sen. James C. Sheehan (D-Dist. 36) of Narragansett and North Kingstown to integrate Rhode Island’s insurance rules and regulations with those of...