Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
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...
Drivers with Serious Violations Allowed on Mass. Roads
Aug 21 2008 // Delays in the processing of criminal traffic violations have allowed a large number of serious violators to remain on the road in Massachusetts after their licenses should have been suspended or revoked. According to State...
Mass. LLJUA Becomes Competitive Hospitality Mutual
Aug 21 2008 // Massachusetts lawmakers have approved legislation converting the state’s liquor liability insurer of last resort into a competitive mutual insurance company offering liquor liability insurance to the entire...
Mass. Considering Traffic Flaggers Instead of Police at Construction Sites
Aug 14 2008 // Civilian flaggers dressed in orange safety vests could replace police officers at some roadside construction projects as early as October under regulations set to be unveiled by the Patrick administration Wednesday. Police...
Eastern Insurance Acquires Kittredge Insurance Agency
Aug 11 2008 // Natick, Massachusetts-based Eastern Insurance Group has acquired Northborough, Mass.-based Kittredge Insurance Agency Inc. Eastern Insurance, part of Eastern Bank, said the acquisition increases its customer base west of...
Safety Insurance Net Income Steady for Q2 Under New Mass. Auto System
Aug 5 2008 // Massachusetts personal lines insurer Safety Insurance Group, Inc.’s second quarter results show the insurer remains profitable under the new managed competition pricing system for private passenger auto even though...
Selective Insurance Touts Q2 Workers’ Comp Improvement, Mass. Expansion
Aug 1 2008 // Selective Insurance reported that new premiums declined for the second quarter while workers’ compensation results improved and its recent expansion into the commercial markets in Massachusetts and Tennessee is going...
Mass. High Court: Doctors Liable for Patient’s Lessened Chance of Survival
Jul 24 2008 // The Massachusetts Supreme Judicial Court has ruled that physicians can be held liable in a wrongful death action when their negligence lessens a patient’s chance of survival. The ruling, which for the first time...
Mass. Insurers, Businesses Balk at Plan to Hike Health Fee
Jul 22 2008 // Massachusetts insurers and business owners have one question for Gov. Deval Patrick: Why us? Patrick is looking to tap insurers, businesses and hospitals to help close a looming $130 million budget hole in the...
Mass. Doctor Says He Didn’t Know Firefighter Was Bodybuilder
Jul 22 2008 // The doctor who determined that a bodybuilding Boston firefighter could not work because he is “totally and permanently” disabled has made similar recommendations for other firefighters. The Boston Globe reports...
Commerce Insurance Tops Massachusetts’ Lobbyist-Spending List
Jul 18 2008 // Special interest groups trying to influence policy and legislation on Beacon Hill aren’t letting a poor economy slow them down, spending 13 percent more on lobbyists in the first six months of this year than the same...
AIG, Vermont Mutual to Enter Mass. Personal Auto Insurance Market
Jul 14 2008 // Giant insurer American International Group has decided to enter the Massachusetts private passenger auto insurance market, according to The Boston Globe. But AIG is not alone. In addition, Vermont Mutual will begin selling...
