All the headlines from our Massachusetts Topic Page, ordered by recency.
May 29 2008 // Massachusetts’ insurer of last resort won’t immediately seek a steep premium increase, saving money for 150,000 customers.The decision by the FAIR Plan comes after Insurance Commissioner Nonnie Burnes rejected...
May 27 2008 // Coastal communities in Massachusetts should encourage property owners to elevate their buildings to avoid future flooding and storm surge damage, according to officials advising on storm mitigation efforts.In addition to...
May 27 2008 // Eastern Insurance Group reported that it plans to acquire Marshfield, Mass.-based Anderson Insurance Services, Inc., an independent agency specializing in musical instrument insurance along with auto, life, home, boat,...
May 23 2008 // A physicians group is suing a Massachusetts agency, arguing that the agency’s system for ranking doctors based on quality and cost is unfair to patients and physicians alike.The Massachusetts Medical Society said...
May 22 2008 // Massachusetts Commissioner of Insurance Nonnie S. Burnes has approved the acquisition of Commerce Insurance Co., principal subsidiary of The Commerce Group of Webster, Mass., by the Spanish insurance company Mapfre,...
May 21 2008 // No tool is more indispensable to an insurance agency than a computer; after all, it’s where the rates come from.So imagine what went through the heads of thousands of Massachusetts independent insurance agents after...
May 20 2008 // Massachusetts independent insurance agents are unhappy about a state ruling that they believe erodes their ownership of their customers’ auto policies and denies them proper payment on certain high risk policies.The...
May 19 2008 // After a month of operating under a new managed competition system for auto insurance, Massachusetts is seeing competition heat up — at least over rules and regulations.The state has approved a controversial rule to...
May 19 2008 // Massachusetts insurance officials have blocked a 13.2 percent statewide rate hike by the state’s residual market home insurer.The decision by Insurance Commissioner Nonnie S. Burnes spares some 150,000 coastal and...
May 19 2008 // No tool is more indispensable to an insurance agency than a computer; after all, it’s where the rates come from.So imagine what went through the heads of thousands of Massachusetts independent insurance agents after...
May 15 2008 // Federal investigators have concluded that a lack of company safeguards such as alarms and automatic shutoffs led to a massive chemical plant explosion in Danvers.The U.S. Chemical Safety Board is expected to issue a report...
May 13 2008 // When Jenny and John Crowley learned they were having a baby, they did the responsible thing: they bought life insurance.Barely in their 30s, they passed the insurance company’s physicals, applied for a $500,000...
May 8 2008 // New carriers in the Massachusetts auto insurance market will be exempt from high risk assignments for their first two years under an amended rule approved by Massachusetts Insurance Commissioner Nonnie Burnes.The original...
May 8 2008 // Massachusetts insurance officials have blocked a 13.2 percent statewide rate hike by the state’s residual market home insurer.The decision by Insurance Commissioner Nonnie S. Burnes also kills a 25 percent increase...
May 6 2008 // Independent agents in Massachusetts have charged that Progressive Insurance, which began selling auto insurance online in the state May 1, is skirting state regulations and misleading consumers with its Web site quoting...
May 5 2008 // Massachusetts auto insurers have been operating under a new managed competition auto insurance system for only a month now but a battle is well underway over how to treat newcomers to the state.The Patrick administration...
May 5 2008 // The Patrick administration is pushing a rule that exempts new auto insurers in Massachusetts from having to accept costly high risk drivers for the first several years of operating in the state — a rule existing insurers...
May 5 2008 // Travelers Insurance is consolidating some of its personal lines business center activities across the country, a plan that will mean fewer jobs in Massachusetts and New Jersey but more in upstate New York.Travelers...
May 5 2008 // The Patrick Administration announced an agreement in the 2008 workers’ compensation rate-setting proceeding that will save Massachusetts businesses $11 million. The new rates average to a 1 percent reduction per...
May 1 2008 // Progressive Insurance begins selling personal auto insurance online in Massachusetts today.Meanwhile, Casco Indemnity, which writes auto insurance in the other New England states on behalf of several mutual fire insurers,...