December 19, 2005
A Waterbury, Conn., jury has awarded $32.1 million to a Bristol construction worker paralyzed in an accident more than a decade ago. Norman Pelletier, 54, was permanently paralyzed below the chest when a steal beam at a Shelton construction site …
December 19, 2005
A jury has awarded $36.5 million to the family of a 6-year-old boy who is blind, brain damaged and suffering from cerebral palsy since he was injured during his delivery via a surrogate mother at Hartford Hospital. The hospital was …
December 19, 2005
The state’s second largest commercial insurer of coastal properties is dropping coverage to 6,500 policy holders in southeastern Massachusetts and Cape Cod because company reinsurance payments are rising by as much as 20 percent as a result of Gulf Coast …
December 19, 2005
Massachusetts Insurance Commissioner Julianne Bowler has asked that a plan for reassignment of auto insurance producers doing business with the state’s residual market, Commonwealth Auto Reinsurers, be delayed in response to criticism by several insurers of the proposed formula for …
December 19, 2005
The State’s Independent Agents Explain Why They Oppose a Switch to Competitive Rating I agree with Gov. Romney that improving road designs, dangerous intersections and combating fraud will go a long way to lowering automobile insurance rates in the Commonwealth …
December 19, 2005
Costs Lower When Employers Choose, Says Study that Included Mass., Pa. Systems The choice of medical care providers to treat injured workers by either workers or their employer not only impacts medical costs but also a variety of outcomes for …
December 19, 2005
Inquiring Media Risk Managers Want to Know Media risk managers are closely watching the discussions recently begun in Congress associated with the proposed federal shield law, the Free Flow of Information Act. Central to that debate is whether bloggers should …
December 19, 2005
Technology, often derided as harmful to human relations in business, may actually hold the key to the insurance industry remaining a “people business,” including helping improve relationships between carriers and agents. Insurance leaders in New York recently assessed the relationship …
December 19, 2005
The U.S. Supreme Court ruled against Virginia renters who claimed they were sickened by toxic mold in their apartment, in a decision that clarifies where personal injury cases should be heard. The issue is significant in the debate over large …
December 19, 2005
Members of the National Association of Insurance Commissioners have elected Maine Insurance Superintendent Alessandro Iuppa as president. They also elected regulators from Alabama, Kansas and New Mexico to key positions at the organization’s 2006 officers during the Association’s Winter National …