Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
Lame duck Romney team pushes ahead with high risk plan change
Nov 20 2006 // Massachusetts Insurance Commissioner Julianne Bowler said she intends to finish what she started three years ago in trying to refashion the state’s high risk auto insurance system, despite urgings by some that she...
Lame duck Romney team pushes ahead with high risk plan change
Nov 19 2006 // Opponents of the ARP have urged Bowler to leave the decision of what to do about the high risk system to the incoming Patrick administration. News Currents Massachusetts Insurance Commissioner Julianne Bowler said she...
With new governors could come new commissioners in Mass., Md., N.Y.
Nov 19 2006 // Newly elected Democratic governors in Massachusetts, New York and Maryland are expected to name their own insurance commissioners, although it’s to early to know who the successors might be, according to insurance...
Mass. Adopts ‘High Net Worth’ Exclusion for Insolvency Fund
Nov 15 2006 // Massachusetts Gov. Mitt Romney (R) has signed legislation that creates a high net worth exclusion into the state law governing the fund that covers claims when an insurer becomes insolvent. A high net worth policyholder is...
O’Gorman Joins S.H. Smith in Mass.
Nov 14 2006 // S.H. Smith & Co., a national, independently-owned excess and surplus lines insurance broker, announced that Derek O’Gorman has joined the firm as vice president. O’Gorman will be involved in the...
Berkshire Hills Bank Buys 5 Western Mass. Agencies
Nov 11 2006 // Berkshire Hills Bancorp, Inc., the holding company for Berkshire Bank, completed its acquisition of five Western Masssachusetts insurance agencies on Oct. 31, 2006. The agencies acquired by the company’s wholly-owned...
Industry Expects New Commissioners in Mass., Md., N.Y.
Nov 9 2006 // Newly-elected Democratic governors in Massachusetts, New York and Maryland are expected to name their own insurance commissioners, although the identity of any successors is unknown at this time, according to insurance...
Lame Duck Romney Team Proceeds with Mass. Auto Changes
Nov 9 2006 // Massachusetts Insurance Commissioner Julianne Bowler said she intends to finish what she started three years ago in trying to refashion the state’s high risk auto insurance system, despite urgings by some that she...
Calif. AAA’s Pentis Joins Commerce Group to Run Operations Outside Mass.
Nov 7 2006 // The Commerce Group, Inc. in Massachusetts announced that Lawrence R. Pentis of California will join the company’s senior executive team. He will be responsible for insurance operations outside of Massachusetts as the...
Mass. AG Charges Husband, Wife with False Insurance Report
Nov 7 2006 // A husband and wife and her sister have been arraigned on charges alleging that they attempted to collect $24,000 in insurance proceeds by falsely reporting to their insurance company that their car, which they claimed was...
ACE Provides Pollution Cover for Mass. Brownfields Program
Oct 31 2006 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, been selected to participate in the Massachusetts Brownfields Redevelopment Access to Capital (MassBRAC) program, which encourages the...
Study Identifies High Costs of Doing Business in Mass.
Oct 30 2006 // A new study by a Boston-based think tank shows that Massachusetts firms in nine selected industries including financial services have costs that are on average 20 percent to 30 percent higher than similar companies in...
Third Quarter Earnings Drop Slightly at Commerce Group
Oct 27 2006 // The Commerce Group, Inc. reported 2006 third quarter net earnings were $56.5 million, or $0.83 per diluted share, compared to net earnings of $59.8 million or $0.88 per diluted share for 2005. Included in the 2006 third...
Hanover Names Hussey as Mass. Personal Lines Underwriting VP
Oct 24 2006 // The Hanover Insurance Group, Inc. has appointed Michael Hussey as vice president of underwriting for personal lines business in Massachusetts. Hussey has 20 years experience in the property and casualty industry. He joined...
News Currents
Oct 23 2006 // Insurance issues take back seat in Mass. governor’s race Insurance issues have taken a back seat to crime and taxes but there is evidence that the candidates locked in the race to succeed Massachusetts Gov. Mitt...
Mass. to Hear Revised High Risk Plan Nov. 10; April 2007 is Target Start Date
Oct 20 2006 // Massachusetts Insurance Commissioner Julianne Bowler has set Nov. 10 for a public hearing into her guidelines for moving the state’s auto insurance system for high risks from a reinsurance plan to an assigned risk...
Johnston Honored as Mass. Insurance Professional of the Year
Oct 19 2006 // The Massachusetts insurance community has honored Daniel J. Johnston, president of the Automobile Insurers Bureau and a founder and executive director of the Insurance Fraud Bureau of Massachusetts, as the fifth annual...
Suit Against N.H.- Mass. Crematorium Becomes Class Action
Oct 16 2006 // A judge has ruled that a lawsuit against the owners of the Bayview Crematorium in Seabrook, New Hampshire, where dozens of families believed their loved ones’ remains were mistreated, can be classified as a...
Mass. Panel Urges Jail Time for Worker Safety Failures
Oct 13 2006 // A legislative panel in Massachusetts is recommending that company officials face criminal charges if they have recklessly failed to protect workers who are killed on construction sites, according to a published report. The...
Masonry Firm Faces OSHA Fines in Deadly Mass. Scaffolding Collapse
Oct 3 2006 // A masonry contractor faces $119,000 in fines for alleged safety violations that led to a scaffolding collapse at a downtown construction site that killed three last spring, according to federal officials. The U.S....
