Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
Commerce Net Earnings Rise, Losses Fall in 2nd Quarter
Jul 28 2005 // The Commerce Group Inc. out of Webster, Mass. reported that 2005 second quarter net earnings were $62.6 million, or $1.85 per diluted share, compared to net earnings of $37.4 million or $1.14 per diluted share for...
OSHA Cites Mass. Contractor in Deadly Crane Collapse
Jul 13 2005 // A federal agency that oversees workplace safety blamed a contractor for a shipyard crane accident that in January killed two workers, including one from New Hampshire. The Occupational Safety and Health Administration...
Romney Auto Reforms Hit Roadblocks from Mass. Agents and Court
Jul 4 2005 // When the chief executive officer of the Independent Insurance Agents and Brokers of America spoke before the Virginia Big “I” recently, he snuck in several digs at liberal-leaning Massachusetts, at one point...
Sentry/Middlesex Drops Mass. Auto Line Citing Residual Market
Jul 1 2005 // Middlesex Insurance Company, a member of the Sentry Insurance group, has informed Massachusetts Division of Insurance that it will stop offering private passenger auto insurance in the state after this year. The company...
AIA Throws Support Behind Mass. Workers’ Comp Competitive Rating Bill
Jun 29 2005 // A bill that would bring a competitive rating system to the Massachusetts workers’ compensation system would be good for the state’s economy, according to the American Insurance Association (AIA). AIA testified...
Romney Plan Would Require All to Buy Health Insurance …Or Else
Jun 23 2005 // Massachusetts Gov. Mitt Romney would require every person in the state to have health insurance under his plan for universal health coverage. The governor described the plan at a health care conference at the John F....
Bad Week for Romney Auto Reforms Continues as Mass. Agents Oppose Competitive Rating
Jun 22 2005 // The day after a court struck a blow to his administration’s reforms of the state’s auto insurance residual market, the powerful independent agents’ lobby also pulled the rug out from under some of Gov....
Cold War Erupts in Mass. Over Governor’s Auto Insurance Reforms
Jun 20 2005 // A Cold War has erupted in Massachusetts over of all things, the state’s auto insurance system. Republican Gov. Mitt Romney started it. In unveiling a deregulation package he hopes will attract national carriers and...
New Jersey, Massachusetts Reforms Help Open Up Auto Coverage
Jun 20 2005 // Efforts to improve auto insurance markets in New Jersey and Massachusetts, two of the worst states in which to write auto coverage, have yielded several important conclusions. One of the most important is the realization...
Mass. Diocese Seeks Ruling on Insurers’ Share of Sex Abuse Claims
Jun 17 2005 // The Diocese of Springfield, Massachusetts is asking a judge to determine how much of a burden the diocese’s insurers should bear in paying for settled sex abuse claims as well as determine their financial...
PCI Reports Mixed Emotions on Key Mass. Bills
Jun 14 2005 // The Property Casualty Insurers Association of America (PCI) expressed mixed emotions Tuesday concerning numerous insurance-related bills that were introduced in the Massachusetts Legislature’s Financial Services...
Unum, HRH Boston Affiliate Settle for $1.3M Over Contingent Fees
Jun 14 2005 // A major life insurance company and insurance consulting firm will pay $1.3 million to resolve allegations that the insurer brokered a lucrative deal involving hundreds of thousands of dollars in undisclosed commissions in...
Mass. LLJUA Hikes Limits, Adjusts Rates For Liquor Liability Coverage
Jun 8 2005 // The Liquor Liability Joint Underwriting Association of Massachusetts now offers coverage up to $1 million per person and $1 million per occurrence. The previous coverage limit was $500,000 per person and $1 million per...
Reform, Not Scare Tactics, Needed for Mass. Auto
Jun 6 2005 // The issue before the court is whether the Commissioner has the authority to implement an ARP. The court will not be ruling on specific provisions of the ARP. Over the last month or so there has been a great deal of concern...
Mass. Gov. Romney to Unveil Own Auto System Proposal
Jun 1 2005 // Reportedly tired of waiting, Gov. Mitt Romney will today announce a legislative reform package for the Massachusetts auto insurance system, bypassing his own task force that had promised to come up with its own measures by...
Mass. Gov. Proposes Good Driver Rate Rollback in Plan to End ‘Soviet-Style’ System
Jun 1 2005 // Massachusetts auto insurers would be required to provide up to a five percent discount to good drivers with clean records but be able to set other rates up to a cap of 15 percent on liability coverage under an auto...
Lojack for Motorcycles Addresses Growing Risk
May 23 2005 // With summer right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the Easy Rider days of...
Lojack for Motorcycles Addresses Growing Risk
May 23 2005 // With summer right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the Easy Rider days of...
Mass. Approves 3% Workers’ Comp Rate Reduction
May 19 2005 // Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in premiums paid by employers. The new rates...
AIA: Massachusetts Drivers Need a Competitive Auto Insurance Market
May 16 2005 // An auto insurance market where companies can compete on the prices charged and the products provided would benefit Massachusetts drivers, according to the American Insurance Association (AIA). AIA testified Monday at the...
