Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
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...
AIGT Launches MassXpress to Streamline Mass. Automobile Insurance Processing
Dec 16 2003 // American International Technology Enterprises, Inc. a member company of American International Group, doing business as AIG Technologies, or AIGT, announced the launch of MassXpress(TM). It described the new technology as...
S&P Rates Commerce Group and Proposed Senior Notes ‘BBB’
Dec 3 2003 // Standard & Poor’s Ratings Services announced that it has assigned its ‘BBB’ counterparty credit rating to The Commerce Group, Inc. and its ‘BBB’ senior debt rating to CGI’s proposed...
Liberty Mutual, MetLife A&H Recoup $2 Million in Fraud Suit against Mass. Lawyers, Medical Clinic
Dec 3 2003 // Score one for the industry! Liberty Mutual Group and MetLife Auto & Home announced settlements of around $2 million – in their favor- in a multi-million dollar insurance fraud suit against attorneys and medical...
‘Runner’ Bill on the Move in Mass. Legislature
Nov 19 2003 // The Massachusetts Joint Committee on Criminal Justice has favorably reported out a bill designed to fight insurance fraud by cracking down on “runners” who promote auto insurance fraud. “The first step in...
Alliance Also Supports Mass. “Runner” Bill
Nov 19 2003 // The Alliance of American Insurers joined the NAII (see previous article) in urging quick approval of the proposed Massachusetts law that would prevent so-called “runners” from recruiting clients for...
‘A’ FSR to Commerce Group Mass. Subs
Nov 3 2003 // Standard & Poor’s (S&P) Ratings Services assigned its “A” counterparty credit and financial strength ratings with a “stable” outlook to Commerce Insurance Co. (CIC) and Citation...
NAII Supports Mass. House Bills on Auto Rates
Oct 15 2003 // The National Association of Independent Insurers has issued a bulletin noting that two redrafted bills in the Massachusetts Lower House, would change the effective date of the state’s Insurance Commissioner’s...
S&P Assigns ‘A’ Rating to Commerce Group Mass. Subs
Oct 15 2003 // Standard & Poor’s Ratings Services announced that it has assigned its ‘A’ counterparty credit and financial strength ratings with a “stable” outlook to Commerce Insurance Co. (CIC) and...
