Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
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...
NAII Calls Mass. AG’s Auto Rate Decision Appeal “Politics as Usual”
Jan 8 2004 // Even if the National Association of Independent Insurers is busy merging with the Alliance of American Insurers (See related national article), its general counsel, Gerald L. Zimmerman, has been keeping an eye on events....
Mass. AG Appeals Auto Rate Increase Decision
Jan 6 2004 // Massachusetts’ Attorney General Tom Reilly is appealing the Division of Insurance’s December 15 ruling, arguing that a 2.5 percent increase in the cost of auto insurance is unwarranted and will result in close...
Mass. Approves Newbury/Dorchester Merger
Dec 31 2003 // 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...
Mass. Bikers Challenge Rate Decision; Seek Return of $100 Million
Dec 31 2003 // The Massachusetts Division of Insurance and the Automobile Insurers Bureau are in a legal fight with the Massachusetts Motorcycle Association, which has filed suit in the state’s highest court, claiming the...
Wm. Kramer & Assoc. New Mass. Turnpike Loss Adjuster
Dec 29 2003 // Underwriters at Lloyd’s of London have appointed Connecticut-based William Kramer & Associates (WKA) as the sole claim loss insurance adjuster for the Massachusetts Turnpike Authority (MTA). WKA has extensive...
NAII Letter to Mass. Editor Again Stresses Need for Auto Insurance Reform
Dec 24 2003 // Gerald L. Zimmerman, Senior Counsel for the National Association of Independent Insurers, followed up yesterday’s letter to a Wall Street Journal editor (See IJ Website Dec.23), with a letter to Steve Smith,...
NAII Letter to WSJ Calls for Mass. Auto Insurance Reform
Dec 23 2003 // In an open letter to Paul A. Gigot, Editor of the Wall Street Journal’s Editorial Page, the National Association of Independent Insurers expressed its strong support for reforming Massachusetts’ auto insurance...