Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
Hub Int’l Appoints Richard J Palleschi to Head Mass. Operations
May 15 2002 // Leading insurance broker Hub International Limited announced that Richard J. Palleschi has been named President and CEO of The McCarthy Companies, its Massachusetts brokerage unit. Palleschi, previously Executive VP and...
PIA Applauds Oxley Letter to Treasury Secretary Objecting to OCC Actions on Preemptions
Apr 30 2002 // The National Association of Professional Insurance Agents is applauding a letter sent by House Financial Services Committee Chairman Michael G. Oxley (R-Ohio) to Treasury Secretary Paul O’Neill that asks...
Study Finds Mass Still Has Lowest Workers’
Apr 26 2002 // A new study by the Workers Compensation Research Institute (WCRI) found that, despite the fact that the average cost per claim for the medical care of injured workers in Massachusetts has risen “significantly in...
PIA Condemns OCC Bank Law Preemption Opinion in Mass.
Mar 20 2002 // The National Association of Professional Insurance Agents (PIA) has condemned an opinion by the Office of the Comptroller of the Currency (OCC) that some provisions of a Massachusetts insurance law would be preempted under...
Insurance Noodle adds Ala., Mass. To Roster
Mar 20 2002 // InsuranceNoodle is now licensed in Alabama and Massachusetts, bringing to 48 the total number of states—including the 25 largest for small business—in which the e-broker is selling small business...
Mass. Legislature Considers Bill to Outlaw “Runners”|”|”A bill before the Massachusetts legislature
Mar 12 2002 // ea0312021.htm
Mass. Legislators Attend AIA Seminar on Post-Sept. 11 Market
Mar 7 2002 // The tragedy of Sept. 11 dealt a terrible blow to America’s economy, but the property and casualty insurance industry is playing a vital role in helping the United States recover. A full recovery, however, depends...
Mass. Broker Indicted on Fraud Charges
Feb 22 2002 // The U.S. Attorney’s Office in Springfield Mass. announced the indictment of David Michael Leja, an insurance broker from Williamstown Mass, on fraud charges relating to “stop-loss” coverage he brokered...
Plymouth Rock Provides Actual Rates for Auto Renewals
Dec 18 2001 // Boston-based Plymouth Rock Assurance Company, Massachusetts’ 9th largest auto insurer, has come up with an innovative plan for giving policyholders their renewal premium rates – it’s providing them with...
RTW Making Closings Effective Jan. 31
Dec 12 2001 // RTW, Inc. announced that it is closing its Missouri and Massachusetts offices, effective Jan. 31, 2002. RTW employs 36 people between these two regional offices. RTW opened its St. Louis, Missouri office in 1996 and its...
WCRI Study Finds Rapid Comp Cost Rise in Mass.
Nov 9 2001 // The Workers Compensation Research Institute, based in Cambridge Massachusetts, reports that a new study shows that workers’ compensation claims costs rose by as much as 10.5 percent from 1997 to 1998, based on...
Commerce Group to Take Over Mass. Personal Auto Business from Berkshire Mutual
Oct 5 2001 // The Commerce Group Inc. announced that it had entered into an agreement with Berkshire Mutual Insurance Co. to transfer Berkshire’s Massachusetts personal automobile business to its Mass. subsidiary, Commerce...
Mass. Rejects Eastern Bid To Raise Workers Comp Rates
Sep 4 2001 // Eastern Casualty Insurance Co.’s bid for an individual 11.6 percent increase in Mass. workers compensation rates has been rejected by the State’s Insurance Commissioner Linda Ruthard on the grounds that the...
Open Debate Held on Mass. Auto Rates
Aug 29 2001 // Representatives of the insurance industry, state regulators and the general public met yesterday at the first of two scheduled public hearings to consider a 7.8 percent increase in Massachusetts auto rates insurers are...
Mazonson Expands National Collective Program for Community Development Corporations
Aug 1 2001 // Mazonson Inc., a New England-based insurance brokerage, announced the completion of agreements to provide group insurance programs sponsored by the California Community Economic Development Association and the Community...
Mass. Committee Favors Audit Privilege Bill Supported by AIA
Jun 28 2001 // The Joint Insurance Committee of the Massachusetts Legislature has given a favorable report on a self-audit privilege measure supported by the American Insurance Association. The bill, which would not be retroactive, would...
CLASS ACTION FILED OVER CAP PLAN
Jun 25 2001 // The law firm of Dwyer & Collora LLP announced that on June 8, Federal Judge Robert E. Keeton of the U.S. District Court of Massachusetts certified state classes for four states, including Massachusetts and...
Class Action Suit Filed Against Salomon Smith Barney, Citigroup and Travelers Group
Jun 19 2001 // The law firm of Dwyer & Collora LLP announced that on Friday, June 8, 2001, Federal Judge Robert E. Keeton of the U.S. District Court of Massachusetts certified state classes for four states, including Massachusetts...
Eastern Casualty Puts a Moratorium on New Mass. Workers’ Comp. Coverage
Jun 18 2001 // According to a report in The Boston Globe, Marlborough-based Eastern Casualty Insurance Co., Massachusetts’ third largest writer of workers’ compensation coverage, has informed its agents in the state that it...
ProMutual to Increase Malpractice Insurance Rates
May 3 2001 // Beginning July 1 of this year, ProMutual, Massachusetts’ largest provider of malpractice insurance for physicians, will raise its rates for malpractice insurance an average of 14 percent across specialties. According...
