Figures
$30 to $140 An analysis by the Romney administration found that many Massachusetts low-income residents will have to pay from $30 to $140 a month under the state’s new mandatory health care plan, according to The Boston Sunday Globe. 1,500 …
In Mass., competition not like a box of chocolates
Massachusetts Rep. Ronald Mariano, D-Quincy, and the committee staffers who crafted his auto insurance competitive rating bill tried to sweeten the deal by throwing some bon bons into the box, including fraud fighting funds, an apparent ban on the use …
Editor’s Note: Cyber storms
As reports of computer security breaches proliferate — the latest being the federal government’s snafu that put millions of veterans at risk for identity theft — the public is losing confidence in the digital infrastructure, even as it remains appreciative …
Backstage: Risk management planning for one of the nation’s largest festivals
It is ten days before your client’s multi-million dollar, world famous, music festival. You receive news that a CAT 5 hurricane is heading right for the event. If this storm hits, it will wash away equipment, fans and profits. After …
Cat model reassessments cause rating and capital changes
Last fall’s disastrous hurricanes provided some rough times for the catastrophe modeling industry. Consequently the principal cat modelers — Applied Insurance Research, EQE International’s EQECAT, and Risk Management Solutions — went back to the drawing board to reassess their models …
U.S. COMMERCIAL INSURERS EARN BIG
At the midpoint of 2006, many commercial insurers are generating exceptional earnings, according to an article published by Standard & Poor’s Ratings Services. The article, which is titled “U.S. Commercial Lines Midyear 2006 Outlook: Sector Enjoying Exceptional Earnings,” says these …
Lack of confidence in cyber security has economic, political effects
Americans share a lack of confidence in the Internet that could have political consequences. In addition, the lack of action by government to boost security of the digital infrastructure is manifesting itself in economic losses. Those are two conclusions formed …
No more excuses: Making the case for EPLI
Common misconceptions leave business owners, small and large, in the bare Employment practices liability insurance has been available on a stand-alone basis since the early 1980s. The product was developed to provide protection against allegations arising from the employer/employee relationship. …
Heads up on workplace bullying
From the playground to the classroom to the office — bullies can be found in all walks of life, says an anti-bullying advocacy group vying for new legislation that could potentially outlaw workplace bullying. But how would new anti-harassment legislation …
High court agrees to hear appeal in $80 million tobacco case settlement
The Supreme Court said this month it will decide if tobacco giant Philip Morris must pay nearly $80 million in damages to the family of a longtime smoker, a case that could shield companies from large jury awards if the …