Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
Mass. to Begin Reassigning 15% of Residual Auto Policies in March
Jan 29 2006 // A plan to redistribute residual market auto insurance policies among insurance carriers and agents in Massachusetts has been approved by state officials. The final plan for Commonwealth Auto Reinsurers will require that...
Mass. Economic Warning: Insurance Market Short on Capital
Jan 27 2006 // Massachusetts is facing a shortage of insurance capital that could jeopardize the state’s entire economy, especially if a major storm hits the metropolitan Boston area, the Commonwealth’s insurance regulator is...
Vermont Mutual Latest to Exit Cape Cod Mass. Homeowners Market
Jan 26 2006 // Another insurer has decided it can’t continue to write homeowners insurance policies on Cape Cod. Starting April 1, Vermont Mutual will stop renewing about 4,700 homeowners and 400 dwelling policies, Tom Tierney,...
Mass. Man Sentenced to Jail for Perjury, Workers’ Comp Fraud
Jan 24 2006 // A Gloucester, Massachusetts man has been sentenced to jail for committing perjury in relation to a workers’ compensation scheme, Attorney General Tom Reilly announced. Timothy Hayes, 39, pleaded guilty this month to...
Mass. Man Pleads Innocent in Alleged Fraud That Killed Grandmother
Jan 22 2006 // Two brothers from Lawrence, one charged with murder and the other with manslaughter in unrelated cases, were ordered held without bail after pleading innocent at their arraignments in Salem Superior Court on...
Commerce Group CEO Remillard to Retire in July; Fels Will Succeed Him
Jan 19 2006 // Arthur J. Remillard, Jr., the founder and chief executive officer of The Commerce Group, Inc., announced his intention to retire at the end of July of this year, culminating a 40 year career in the property and casualty...
Nickelodeon, Kellogg Targeted in Suit to Stop Junk Food Marketing to Kids
Jan 19 2006 // Parents and advocacy groups are filing suit against Viacom’s Nickelodeon media outlets and snack and cereal giant Kellogg to stop them from marketing junk food to young children. The plaintiffs maintain that these...
Northeast Winds Topple Trees, Power Lines from Mass. to Maryland
Jan 18 2006 // Usually snow and ice are the culprits this time of year in the Northeast for problems with the weather. Wednesday, though, proved to be Mother Nature offering a different problem for residents. Winds, in some cases...
Man Wanted for Mass. Auto Fraud Captured in Dominican Republic
Jan 15 2006 // Two brothers from Lawrence, Mass. who are both on the state’s most wanted fugitives list were captured lays Friday in the Dominican Republic, state police said. Andres Maldonado, 21, is the alleged trigger man in a...
Massachusetts Agent’s Body Found in Garage; Aronson Insurance Victim Shot to Death
Jan 15 2006 // An insurance agent, described by neighbors as friendly and generous, was fatally shot in the head when he parked his car next to his Newton office last Friday morning, authorities said. Edward Schiller, 39, of Framingham,...
Commerce Seeks 5% Auto Discount in 2006 for Mass. AAA Members
Jan 12 2006 // The Commerce Insurance Company has filed with the Massachusetts Division of Insurance for a five percent (5%) discount from the 2006 private passenger automobile fixed and established rates for AAA members in...
Mass. Fair Plan Rate Case Drags On with Parties Far Apart
Jan 9 2006 // Hearings to decide on rates for the homeowners insurance residual market in Massachusetts have been going on since November and are likely to continue for several more months, according to officials. The three major...
Mass. Man’s Auto Insurance Fraud Scheme Placed in Park
Jan 9 2006 // A Groton, Massachusetts man has pleaded guilty to charges he submitted false documents to an auto insurer to collect insurance money, Attorney General Tom Reilly announced. Peter Lombardini, 48, of Groton, pleaded guilty...
Western Mass. Transit Authority Begins Own Probe of Insurance Bids
Jan 4 2006 // The Pioneer Valley Transit Authority in Springfield, Mass. has hired a special lawyer to lead an internal investigation of bidding practices that have come under federal scrutiny. Attorney Jeffrey Kinder will be paid up to...
Mass. Savings Bank Life Starts Conn. Insurer
Jan 4 2006 // The Savings Bank Life Insurance Company of Massachusetts (SBLI) it is now actively conducting business in Connecticut under the name Centrian Life Insurance. The Savings Bank Life Insurance Company of Massachusetts has...
Mass. gets new safe driver plan, too
Jan 2 2006 // The new year also brings a new Safe Driver Insurance Plan for Massachusetts drivers in addition to lower rates. The revised plan will provide discounts for the state’s best drivers and offer incentives for bad...
New year brings lowered rates for Mass. drivers
Jan 2 2006 // 8.7% rate cut is a lot more than the 0.1 percent cut recommended by insurers Private passenger auto insurance rates will be cut an average 8.7 percent in Massachusetts in 2006 under a ruling by insurance commissioner...
New year brings lowered rates for Mass. drivers
Jan 1 2006 // Private passenger auto insurance rates will be cut an average 8.7 percent in Massachusetts in 2006 under a ruling by insurance commissioner Julianne M. Bowler. The new rates translate to an average decrease of $95.14 per...
Mass. gets new safe driver plan, too
Jan 1 2006 // The new year also brings a new Safe Driver Insurance Plan for Massachusetts drivers in addition to lower rates. The revised plan will provide discounts for the state’s best drivers and offer incentives for bad...
From New England to Virginia, Courts Made Insurance Headlines in 2005
Dec 30 2005 // From Maine to Virginia, many of the insurance headlines in 2005 dealt with compensation and reinsurance probes, just as they did across the country, casting the industry’s reputation in a bad light. But much of the...