Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
Massachusetts Agents Cite Crisis in Homeowners Market on Cape Cod
Feb 24 2004 // The lack of availability of insurance for properties in Cape Cod coastal communities and in some Massachusetts urban areas has reached “crisis” proportion in the opinion of the state’s insurance agents,...
Mass. Man Pleads Guilty
Feb 23 2004 // According to the U.S. Attorney’s Office in Boston, Anthony Snow of Dorchester, Mass., entered a guilty plea before U.S. District Judge Patti B. Saris to charges involving six counts of mail fraud and three counts of...
RESIDUAL MARKETS A BURDEN:
Feb 23 2004 // A new report by the Property Casualty Insurers Association of America (PCI) shows that residual market plans for private passenger auto insurance continue to result in significant losses for insurance companies. All states...
Residual Markets Continue to Burden Auto Insurers
Feb 9 2004 // A new report by the Property Casualty Insurers Association of America (PCI) shows that residual market plans for private passenger auto insurance continue to result in significant losses for insurance companies. But one...
In Mass., Good Drivers Lose Discounts While Employer Groups Retain Theirs
Feb 9 2004 // Only three of the 19 companies still writing private passenger auto insurance in Massachusetts will offer discounts to safe drivers this year. Five years ago, there were one-third more writers of the coverage and most of...
MEADOWBROOK DEALS OUT $4 MILLION:
Feb 9 2004 // Meadowbrook/TPA Associates, a Massachusetts’ third party administrator of self-insured workers’ compensation programs, is distributing $4,023,874 in dividends to 520 businesses who are members of the...
California Workers’ Comp Costs Per Claim Continue Rapid Growth
Feb 9 2004 // California workers’ compensation costs per claim in California continue to grow rapidly, increasing 15 percent from 2000 through 2001 (as of 2002) and are accelerating, according to a new study from the Cambridge,...
No Brake Yet for Personal & Commercial Auto
Feb 9 2004 // The auto insurance market has come a long way since Travelers wrote the first third-party policy for Gilbert J. Loomis’s one-cylinder car in 1897. “I’ll never insure a gasoline can on wheels,”...
Mass. Agents Assn. Stresses Need for Participation in Auto Cost Study
Feb 4 2004 // If you’re asked to participate in the 2004 private passenger auto insurance agency cost study, it’s crucial for your future to do so. That’s the message the Massachusetts Association of Insurance Agents...
Mass. Man Pleads Guilty to Insurance Fraud
Jan 29 2004 // The U.S. Attorney’s Office in Boston announced that “Anthony Snow, age 43, of 1810 Dorchester Avenue, Dorchester, Massachusetts, pleaded guilty before U.S. District Judge Patti B. Saris to an Information...
PCI Pleased with Mass. Legislators on Internet Bill
Jan 27 2004 // The Property Casualty Insurers Association of America praised the actions of the Massachusetts Legislature’s Joint Committee on Commerce and Labor for its approval of a bill, HB 1622, that would protect Massachusetts...
Confusion Reigns on the Massachusetts Auto Front
Jan 26 2004 // While everyone agrees that something should be done about Massachusetts’ spiraling auto rates and uncompetitive market, no one seems to be able to agree on just what. When the state’s Department of Insurance...
Meadowbrook/TPA Distributes $4 Million to Mass. Workers’ Comp Self-Insured Groups
Jan 22 2004 // Meadowbrook/TPA Associates, a third-party administrator of self-insured workers’ compensation programs, announced that it is distributing $4,023,874 in dividends to 520 Massachusetts businesses who are members of the...
Calif. Workers’ Comp Costs Per Claim Continue Rapid Growth
Jan 21 2004 // California workers’ compensation costs per claim in California continue to grow rapidly, increasing 15 percent from 2000 through 2001 (as of 2002) and are accelerating, according to a new study from the Cambridge,...
NAMIC Applauds Mass. Governor’s Call for Auto Insurance Reform
Jan 20 2004 // The National Association of Mutual Insurance Companies has issued a bulletin applauding Governor Mitt Romney’s call for reform of the Massachusetts automobile market. In his State of the State address, the governor...
Michael C. Robinson Joins Mass. Agency Rogers & Gray
Jan 20 2004 // Charles N. Robinson announced the recent addition of Michael C. Robinson to Rogers & Gray Insurance Agency, Inc., as an account executive in their commercial lines department, working from the agency’s South...
PCI Says Competition Only Solution to Mass. Auto Dilemma
Jan 16 2004 // The Property Casualty Insurers Association of America has recommenced its attack on the restrictive Massachusetts auto market, noting that just as the number of companies writing private passenger auto insurance in the...
MASS. AUTO RATES NEED REFORM:
Jan 12 2004 // Auto rates in Massachusetts are expected to average $1047 in 2004, up from $936 in 2001, and political leaders say they are willing to consider whether competition can hold down costs better than the state’s unique...
MASS. INSURER NEWBURY MERGES INTO DORCHESTER MUTUAL:
Jan 12 2004 // Massachusetts officials have approved the merger of West Newbury Mutual Fire Insurance Co., a Massachusetts domiciled company, into Dorchester Mutual Insurance Co., also a Massachusetts company. The purpose of the merger...
No More Tea Parties in the Bay State
Jan 12 2004 // The U.S. Census Bureau’s Census 2000 estimated the population of the state of Massachusetts at 6,379,304. Approximately 85 percent of the adult residents residing in the state had graduated from high school and more...
