Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
Mass. AG Calls for 10% Auto Rate Cut
Aug 23 2005 // Massachusetts Attorney General Thomas F. Reilly will seek at least a 10 percent cut in the state’s auto insurance rate when he makes a formal recommendation later this month. Reilly said auto insurers enjoyed hefty...
Allmerica Notes Sale of Life Biz; Focus Now on P/C Sales
Aug 22 2005 // Massachusetts-based Allmerica Financial Corporation announced Monday that it has entered into a definitive agreement to sell its run-off variable life insurance and variable annuity business to The Goldman Sachs Group...
ProMutual Expands Program to Prevent Shoulder Related Birth Injuries
Aug 18 2005 // ProMutual Group, the laregst writer of medical malpractice insurance in the Northeast, is expanding its successful patient safety program aimed at reducing the incidence of shoulder dystocia. Shoulder dystocia is a birth...
Mass. Agents Seek 18% Auto Commission Boost
Aug 16 2005 // Massachusetts insurance agents are asking for an 18 percent boost in private passenger auto insurance commissions for 2006. If approved, the request would raise the average commission from $119.50 to $141.23. The...
Citing Anti-Fraud Success, Mass. Auto Insurers Seek Small Rate Cut
Aug 12 2005 // Citing a drop in claims, the Automobile Insurers Bureau of Massachusetts filed its proposal for 2006 personal auto insurance rates with the Commissioner of Insurance Julianne Bowler on behalf of insurance companies. The...
Feds Investigating Conduct Behind Firing of MassMutual CEO
Aug 11 2005 // Federal prosecutors are investigating the conduct that led to the firing of former MassMutual chief executive Robert J. O’Connell, the company disclosed in court documents. The company acknowledged the federal probe...
Fore! Golf Course Owners: Watch Out for Errant Shots
Aug 8 2005 // Massachusetts Court Favors Homeowners in Trespass by Golf Balls To drive home her point, Joyce Amaral lugged six plastic buckets containing a total of 1,800 golf balls into court. The balls were just some of those she...
Fore! Golf Course Owners: Watch Out for Errant Shots
Aug 8 2005 // To drive home her point, Joyce Amaral lugged six plastic buckets containing a total of 1,800 golf balls into court. The balls were just some of those she claimed to have retrieved from her yard in the five years she and...
Commerce Net Earnings Rise, Losses Fall in 2nd Quarter
Jul 28 2005 // The Commerce Group Inc. out of Webster, Mass. reported that 2005 second quarter net earnings were $62.6 million, or $1.85 per diluted share, compared to net earnings of $37.4 million or $1.14 per diluted share for...
OSHA Cites Mass. Contractor in Deadly Crane Collapse
Jul 13 2005 // A federal agency that oversees workplace safety blamed a contractor for a shipyard crane accident that in January killed two workers, including one from New Hampshire. The Occupational Safety and Health Administration...
Romney Auto Reforms Hit Roadblocks from Mass. Agents and Court
Jul 4 2005 // When the chief executive officer of the Independent Insurance Agents and Brokers of America spoke before the Virginia Big “I” recently, he snuck in several digs at liberal-leaning Massachusetts, at one point...
Sentry/Middlesex Drops Mass. Auto Line Citing Residual Market
Jul 1 2005 // Middlesex Insurance Company, a member of the Sentry Insurance group, has informed Massachusetts Division of Insurance that it will stop offering private passenger auto insurance in the state after this year. The company...
AIA Throws Support Behind Mass. Workers’ Comp Competitive Rating Bill
Jun 29 2005 // A bill that would bring a competitive rating system to the Massachusetts workers’ compensation system would be good for the state’s economy, according to the American Insurance Association (AIA). AIA testified...
Romney Plan Would Require All to Buy Health Insurance …Or Else
Jun 23 2005 // Massachusetts Gov. Mitt Romney would require every person in the state to have health insurance under his plan for universal health coverage. The governor described the plan at a health care conference at the John F....
Bad Week for Romney Auto Reforms Continues as Mass. Agents Oppose Competitive Rating
Jun 22 2005 // The day after a court struck a blow to his administration’s reforms of the state’s auto insurance residual market, the powerful independent agents’ lobby also pulled the rug out from under some of Gov....
Cold War Erupts in Mass. Over Governor’s Auto Insurance Reforms
Jun 20 2005 // A Cold War has erupted in Massachusetts over of all things, the state’s auto insurance system. Republican Gov. Mitt Romney started it. In unveiling a deregulation package he hopes will attract national carriers and...
New Jersey, Massachusetts Reforms Help Open Up Auto Coverage
Jun 20 2005 // Efforts to improve auto insurance markets in New Jersey and Massachusetts, two of the worst states in which to write auto coverage, have yielded several important conclusions. One of the most important is the realization...
Mass. Diocese Seeks Ruling on Insurers’ Share of Sex Abuse Claims
Jun 17 2005 // The Diocese of Springfield, Massachusetts is asking a judge to determine how much of a burden the diocese’s insurers should bear in paying for settled sex abuse claims as well as determine their financial...
PCI Reports Mixed Emotions on Key Mass. Bills
Jun 14 2005 // The Property Casualty Insurers Association of America (PCI) expressed mixed emotions Tuesday concerning numerous insurance-related bills that were introduced in the Massachusetts Legislature’s Financial Services...
Unum, HRH Boston Affiliate Settle for $1.3M Over Contingent Fees
Jun 14 2005 // A major life insurance company and insurance consulting firm will pay $1.3 million to resolve allegations that the insurer brokered a lucrative deal involving hundreds of thousands of dollars in undisclosed commissions in...
