Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
IAG Acquires New Lloyd’s MA – Specialist Asian Insurer
Jun 15 2006 // Insurance Australia Group Limited (IAG) announced that it has acquired a newly-formed Lloyd’s managing agency and specialist Asian syndicate, Alba Group Pte Limited, to “support the development and management...
Mass. Proposal Would Phase-In Competitive Rating Over 5 Years; Retain Some Subsidies
Jun 5 2006 // Massachusetts would phase-in competitive rating of private passenger auto insurance over a five year period utilizing “flex band” rating while retaining certain subsidies and restricting how high liability...
Premiums to Start at $30-$140/Month Under Mass. Mandatory Health Plan
Jun 5 2006 // An analysis by the Romney administration found that many Massachusetts low-income residents will have to pay from $30 to $140 a month under state’s new mandatory health care plan, according to a published report. The...
N.J. Drivers ‘Clear Winners’ Under ’03 Reforms, Claims Industry Report
Jun 5 2006 // New Jersey drivers are the “clear winners” due to auto insurance reforms enacted by lawmakers in 2003 according to the Property Casualty Insurers Association of America (PCI), which released a report about the...
Agency spreading good works in Mass., Conn.
Jun 5 2006 // GoodWorks Insurance, LLC, a Massachusetts insurance agency that promises to donate 50 percent of its profits to local charities, has expanded into Connecticut with a branch office in Granby. The Granby agency will sell...
New England’s flood recovery
Jun 5 2006 // Residents, business owners and public officials in Massachusetts, New Hampshire and southern Maine faced the daunting task of cleaning up after the worst flooding since the 1930s. The floods came after nearly a week of...
Insurance Strategist to Lead New Mass. Health Plan Agency
May 30 2006 // Jon Kingsdale’s life is about to get a whole lot more complicated. The Romney administration has announced that Kingsdale will head up the new Commonwealth Health Insurance Connector Authority, the independent state...
Mass. Liquor JUA Rewards Training Security Staff, Not Just Servers
May 25 2006 // The Liquor Liability Joint Underwriting Association of Massachusetts (LLJUA) and a security training company are teaming up to transform security staff into trained professionals in what is believed to be the first program...
Mass. House Goes in Reverse, Nixes Primary Seat Belt Law
May 25 2006 // The Massachusetts House, in a dramatic reversal, voted Tuesday to kill a controversial seat belt bill that would have allowed police to pull over drivers and cite them solely for not wearing seat belts. Police can now cite...
Philanthropic Agency GoodWorks of Mass. Opens in Conn.
May 23 2006 // GoodWorks Insurance, LLC, a Massachusetts insurance agency that promises to donate 50 percent of its profits to local charities, has expanded into Connecticut with a branch office in Granby. The Granby agency, located at...
Study: Mass. Workers’ Comp Cost Trend Slows; Average Claim Typical
May 18 2006 // The costs per workers’ compensation claim in Massachusetts rose 8 percent for claims evaluated mid 2004 with an average of 12 months’ maturity, according to a new study by the Cambridge, Mass-based Workers...
New England Flood Damage Estimates Rising But Most Lack Insurance
May 18 2006 // Receding flood waters revealed deep economic damage that hit a broad range of New Englanders ā from homeowners who must dry out soggy carpets and replace rotted beams without help from flood insurance, to shopkeepers and...
Eight Indicted by San Diego County Grand Jury for Fraud
May 18 2006 // Eight Massachusetts residents have been indicted for insurance premium fraud charges by a San Diego County grand jury. The eight owners and employees of Massachusetts-based National Independent Contractors Association...
Rains, Floods Place Southern New England In State Of Emergency
May 15 2006 // More than five straight days of rain have flooded homes, businesses and roads, swelled riverbanks and placed a number of dams in southern New England under strain. The governors of Massachusetts, Maine and New Hampshire...
Mass. Agent Hofmann Honored By Nation’s Agents for Legislative Work
May 8 2006 // The Independent Insurance Agents & Brokers of America (the Big “I”) has honored a longtime Massachusetts agent leader for his legislative accomplishments. Belmont, Mass. agent William Hofmann III, CPCU,...
Mass. personal lines: a surplus of disagreement
May 8 2006 // Claims by Massachusetts regulators that the combined surplus of the insurers serving the state’s homeowners market is inadequate and that changing the auto system will help boost the homeowners market are untrue,...
Mass. personal lines: a surplus of disagreement
May 8 2006 // Claims by Massachusetts regulators that the combined surplus of the insurers serving the state’s homeowners market is inadequate and that changing the auto system will help boost the homeowners market are untrue,...
Industry Group Airs New Ads to Support Auto Reforms in Mass.
May 1 2006 // The insurance industry-backed advocacy group, Fairness for Good Drivers, has released new television and radio ads focusing on what the group says is a lack of fairness and choice in the Massachusetts auto insurance system...
Cancer Rate Linked to Former Mass. Textile Site Where Kids Played
Apr 28 2006 // Massachusetts health officials trying to resolve a decades-old mystery about a cluster of cancer cases in Ashland have concluded that the illnesses are linked to a former textile dye-making plant with waste ponds that some...
Lawrence, Mass. Attorney Found Guilty in Staging of Insurance Fraud
Apr 27 2006 // A Massachusetts jury found a Lawrence lawyer guilty of auto insurance fraud in a scheme that prosecutors say involved staged accidents and phony victims. A jury in Salem Superior Court jury deliberated for two days before...
