May 21, 2013
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer that exclusively caters to high net worth individuals and families, will begin offering automobile insurance to its membership in Massachusetts. PURE began insuring fine homes, jewelry and art collections, excess liability …
May 17, 2013
The Council of the District of Columbia held a public hearing Thursday that weighed in on a recent proposal to require liability insurance for all gun owners in Washington, D.C. The bill 20-170, “Firearm Insurance Amendment Act of 2013,” was …
April 12, 2013
While lawmakers in most states have introduced measures in their current legislative sessions that address gun control and gun liability issues, their approaches vary widely, largely depending on the area of the country in which their states are located. Legislation …
December 4, 2012
Massachusetts motorcycle owners will receive more than $2.8 million in insurance refunds as a result of settlements with two insurance companies that allegedly overcharged thousands of policyholders, according to authorities. The settlement was announced today by Massachusetts Attorney General Martha …
November 30, 2012
A federal judge in Boston on Wednesday allowed civil suits against the pharmacy at the heart of the deadly U.S. meningitis outbreak to proceed and noted that any criminal case would have priority in gathering evidence.U.S. District Judge Dennis Saylor …
November 19, 2012
Five years ago, Massachusetts introduced its “managed competition” program — and since then, there has been an influx of direct writing and direct response companies coming into Massachusetts and competing with independent insurance agencies. But despite the challenge, independent insurance …
October 24, 2012
The National Highway Traffic Safety Administration (NHTSA), part of the U.S. Transportation Department, said this month it is providing $550,000 to Connecticut and Massachusetts to help them devise anti-texting enforcement techniques and programs. Each state will receive $275,000 to develop …
October 10, 2012
Democratic Senate hopeful Elizabeth Warren has launched two new television ads responding to criticism by Republican Sen. Scott Brown of her legal work in an asbestos-related case. Brown also released a new ad Monday, faulting Warren’s tax proposals. Warren’s ads …
October 5, 2012
A workers’ comp pharmacy billing company has agreed to pay restitution after allegedly overcharging Massachusetts and a number of cities and towns within the state for prescription drugs through the workers’ comp insurance system. StoneRiver Pharmacy Solutions Inc. has agreed …
October 5, 2012
Allstate Insurance Co. is reopening brick-and-mortar offices in Massachusetts after a quarter century of absence. Back in 1987, the Northbrook, Ill.-headquartered Allstate closed its offices in Massachusetts and pulled out of the market, citing the state’s strict regulation of auto …