Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
Associations Tell Mass. Commissioner to Let Competition Determine Auto Premiums
Jun 4 2003 // Private passenger auto insurance premiums should be determined competitively and the Massachusetts Division of Insurance should move toward that goal carefully, but expeditiously, wrote the National Association of Mutual...
Alliance Lauds Mass. Decision to Drop Policy Surcharge from Budget
Jun 3 2003 // The Alliance of American Insurers issued a bulletin praising the action of the Massachusetts Senate in eliminating a proposal to increase state revenues through what the Alliance termed “an onerous surcharge on...
NAII Says Mass. Budget Proposal Targets Insurance Industry
May 29 2003 // The National Association of Independent Insurers issued a bulletin indicating that the Massachusetts Senate Ways and Means Committee’s version of the state’s budget includes several provisions that will cause...
NAII Says Quickest Cure for MA Auto Insurance Market is Increased Competition
May 19 2003 // Representatives of the National Association of Independent Insurers told the Massachusetts Division of Insurance at a recent hearing that one of the most effective ways to enhance the insurance market for consumers in the...
NAII Comments on Mass. Bill to Criminalize Insurance Fraud
May 7 2003 // The National Association of Independent Insurers has issued a statement supporting a bill, currently pending in the Massachusetts Senate, that would impose jail time and heavy fines for insurance fraud, indicating that its...
NAII Supports Mass. Bill to Criminalize Insurance Fraud
May 7 2003 // The National Association of Independent Insurers says it is supporting a bill, currently pending in the Massachusetts Senate, that would impose jail time and heavy fines for insurance fraud, indicating that its passage...
AAI Warns Mass. Budget Proposal Would Cost Insurers
Apr 30 2003 // “The 2004 Fiscal Year budget proposal newly released by the Massachusetts House Ways and Means Committee would make it more expensive for insurers to do business in the Commonwealth and open insurers domesticated in...
NAII Favors Adoption of MA Bill on Privacy Regulations
Apr 23 2003 // The National Association of Independent Insurers has issued a bulletin in favor of a Massachusetts bill giving the insurance commissioner authority to promulgate privacy regulations consistent with the federal...
AAI Says Mass. Bill Mandating Fuel Spill Coverage Would Upset Homeowners Mkt.
Apr 16 2003 // The Alliance of American Insurers (AAI) is opposing passage of a bill heard Tuesday by a Massachusetts legislative panel that would add fuel spill coverage to the standard homeowners insurance policy. HB 1961 mandates that...
MA Doctors Rally for Med Mal Reform
Apr 9 2003 // Hundreds of Massachusetts doctors attended a rally on the steps of the State Capital in Boston on Tuesday to protest the premium increases they are being asked to pay in order to obtain medical malpractice...
Alliance Says MA ‘Choice of Law’ Bill “Would Put State’s Companies at Disadvantage in Contract Disputes”
Apr 1 2003 // In testimony before the Massachusetts Joint Committee on Commerce and Labor the Alliance of American Insurers indicated that a proposed revision to the Uniform Commercial Code being considered by the legislature...
MA Consumer Affairs Office Urges Caution on Travel Insurance
Mar 28 2003 // Massachusetts Consumer Affairs Director Beth Lindstrom has issued a bulletin urging the public to exercise caution when considering the purchase of travel insurance policies. The warning comes as a result of “the...
MA CPCU Society to Hold Workshop on Commercial General Liability
Mar 25 2003 // A half-day workshop, examining “2001 Commercial General Liability – Important Changes and Tips, Tricks, & Traps” is to be presented by the CPCU Society, co-sponsored by the Massachusetts Chapter, on...
Horace Mann Improves, But Ends Down for the Year
Feb 10 2003 // Horace Mann Educators Corp., based in Springfield, Ill., today reported net income of $13.5 million, or 33 cents per share, for the fourth quarter, up from $4.8 million, or 12 cents per share, for the year-earlier quarter....
Fireman’s Fund Seeks 10 Percent Auto Discount in Mass.
Jan 14 2003 // Fireman’s Fund Insurance Company announced that it plans to file a request with the Massachusetts Division of Insurance to give a 10 percent discount to its best private passenger automobile customers in the...
WCRI Says Wide Variations in State Workers’ Comp Medical Fee Schedules Unrelated to Provider Costs
Dec 20 2002 // The substantial variation in workers’ compensation medical fee schedules among the states is not related to the different costs health care providers incur delivering medical services to injured workers, according to...
Mass. Broker’s License Revoked
Dec 18 2002 // The license of James Falzone, an insurance broker based in Waltham, Mass., was revoked after he allegedly collected $2,900 from a taxi company for coverage and then never purchased a policy for the client. The Daily News...
Mass. Insurance Division Approves 2.7 Percent Auto Rate Increase
Dec 16 2002 // Massachusetts Insurance Commissioner Julie Bowler announced a 2.7 percent auto insurance rate increase for 2003 after rejecting an average rate increase request by insurers of 7 percent. The smaller rate increase...
New Mass. Telemarketing Rules Incorporate NAII Suggestions
Dec 16 2002 // The Massachusetts Office of Consumer Affairs and Business Regulation (OCABR) announced the finalization of its new telemarketing regulations, which include changes recommended by the National Association of Independent...
Mass. Broker Sentenced for Issuing Bogus Liability Policies
Dec 6 2002 // John Grinnell, a former insurance broker from Fall River, Mass., was sentenced by U.S. District Judge Mark L. Wolf to 5 years’ probation on charges of issuing almost 150 bogus insurance liability policies and taking...
