Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
Massachusetts RMV Trims Hours, Services to Deal with Cuts
Oct 20 2008 // The Massachusetts Registry of Motor Vehicles will cut branch hours as it scales back amid a massive, statewide budget cut. The RMV saw $2 million chopped from its budget as part of $1 billion in cuts and spending controls...
Study Says Mass. Agents Contribute $1.9B to the State’s Economy
Oct 20 2008 // As employers, taxpayers, consumers and charitable contributors, Massachusetts’ independent insurance agents make a $1.9 billion cumulative contribution to the Bay State’s economy last year, according to a new...
Agents Balk as Mass. Weighs Ending Auto Surcharge Appeals
Oct 20 2008 // People who have switched policies, and everyone who must renew them in the future, could lose their appellate right under the new regulations. The Massachusetts insurance commissioner, addressing a concern of some...
Survey: Massachusetts Drivers Slow to Shop Under New Insurance Rules
Oct 17 2008 // Barely six months into Massachusetts’ new deregulated auto insurance system – one that supposedly favors consumers who shop around for the best rates – fewer than one in four drivers have actually done...
Massachusetts Man Charged with Staging Crash Found in New Jersey
Oct 16 2008 // A Lawrence, Massachusetts man wanted for allegedly helping stage a car crash that resulted in the death of a great-grandmother and led to a statewide crackdown of auto insurance fraud has been arrested in New...
Mass. May End Auto Insurance Appeals; Agents Balk
Oct 13 2008 // The Massachusetts insurance commissioner, addressing a concern of some insurers, is considering eliminating the unique right under which Bay State drivers have been able to appeal auto premium surcharges they consider...
GOP Candidate Challenges Sen. Kerry on AIG Bailout
Oct 10 2008 // Democratic Sen. John Kerry’s Republican challenger in Massachusetts called on him to sell any stock he has in insurance giant American International Group and donate all campaign contributions from officials at the...
Plymouth Rock Aims to Make Life Easier for Mass. Policyholders
Oct 6 2008 // Plymouth Rock Assurance Corp. is now offering its MYLES –Make Your Life Easier Services program — free of charge to all of its Massachusetts customers. The insurer says MYLES customers can save time, money and...
Massachusetts Crackdown on Insurance Fraud Sets Milestones
Oct 3 2008 // Five years after the creation of Massachusetts’ first local anti-insurance fraud team, the state’s Insurance Fraud Bureau says the combined local task forces have charged over 1,000 people with insurance...
Provider Insurance in Mass. Buys Gorman Agency Accounts
Sep 30 2008 // Needham, Mass.-based Provider Insurance Group, Inc. has acquired the James Gorman Insurance Agency’s personal lines of insurance. The acquisition includes about 300 accounts of personal lines of insurance and 80...
Massachusetts Woman Sentenced for Workers’ Comp Evasion Scheme
Sep 25 2008 // A Dartmouth woman has been sentenced to 6 1/2 years in federal prison for paying more than $40 million in cash wages through the temporary employment agencies she ran with her husband in order to evade millions of dollars...
Medical Malpractice Insurer Lowers Mass. Rates 2.7%
Sep 25 2008 // CMIC, a doctor-owned medical malpractice insurer, announced a 2.7 percent overall rate reduction in its claims made rates for Massachusetts doctors effective Oct. 1, 2008. Denise Funk, CEO of CMIC, credited the continued...
Tympanick Now President, CEO of Hospitality Mutual in Mass.
Sep 23 2008 // Hospitality Mutual Insurance Co. In Westboro, Mass., announced that John W. Tympanick has been named president and chief executive officer and has been appointed to its board of directors. Hospitality Mutual, a mutual...
Massachusetts Launches Crackdown on Underage Drinking
Sep 11 2008 // State investigators found more than 56 people under the legal drinking age of 21 in possession of alcohol last weekend as part of an ongoing effort to crack down on underage drinking across the state. The Alcoholic...
Plymouth Rock Offers Discounts to Mass. Drivers Who Drive Less
Sep 5 2008 // Boston-based Plymouth Rock Assurance Corp. said it will reward its new and renewing auto insurance policyholders in Massachusetts with lower rates for “going green,” by driving less. Plymouth Rock will lower...
Business Moves
Sep 1 2008 // Aon, Benfield Chicago-based Aon Corp. is acquiring UK-based broker Benfield Group Limited for about $1.75 billion. The price includes $6.55 (£3.50) per share in cash and assumption of $170 million (£91 million) of...
Residents Approve $6.6M Settlement Over Mass. Paint Factory Explosion
Aug 28 2008 // Property owners in Danvers, Mass., have approved a $6.6 million settlement offer by the co-owners of a paint factory that exploded in 2006 and caused major damage to their neighborhood. The deal, overwhelmingly approved at...
$6.6 Million Settlement Proposed in Mass. Chemical Explosion
Aug 25 2008 // The co-owners of a Danvers, Massachusetts, paint factory that exploded and caused extensive damage to the surrounding neighborhood have proposed a $6.6 million settlement. According to a settlement proposal, factory...
Big Jump In Health Coverage Lowers Mass. Uninsured Costs
Aug 21 2008 // Massachusetts is experiencing a big jump in health insurance and a big drop in payments for the uninsured under the state’s health care law. Between Jan. 1 and March 31, the number of people getting health insurance...
Business Moves
Aug 21 2008 // Allied World, Darwin Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers specialty and primary professional lines coverages, which...
