Workers’ compensation insurers and the state regulator have agreed upon a 16.9 percent average decrease in workers’ compensation rates in Massachusetts starting Sept. 1, 2007. The industry’s Workers’ Compensation Rating and Inspection Bureau of Massachusetts (WCRIB) had submitted a bid …
A federal jury in a civil case recently that a former Brightpoint executive violated U.S. securities laws by helping a colleague create a finite reinsurance scheme to conceal millions of dollars in losses by the Indiana cell phone distributor. The …
25% The percentage of the District of Columbia’s fire hydrants that the District’s fire chief says need replacement or urgent repairs. $11.4 million The damage award for two victims as ordered by a Mineola, N.Y., jury in finding the Diocese …
Personal auto insurance carriers in New Hampshire can’t refuse to quote a policy if the insured refuses to provide a Social Security Number for use in obtaining a credit score, according to Insurance Commisisoner Roger Sevigny. In a recent bulletin, …
Perched on the picturesque Rhode Island coastline, the 11 Newport mansions are a national treasure. Once a summer getaway for the country’s wealthiest industrialists, today the historic mansions are a tourist attraction for 750,000 visitors each year. Yet, as lovely …
Weather forecasters agree that the 2007 hurricane season, which runs from June 1 through Nov. 30, with peak activity in August through October, should be a busy one. The National Oceanic and Atmospheric Administration (NOAA) Climate Prediction Center says there …
The results are in and they bear repeating and repeating and repeating. Three-quarters of consumers are very satisfied with the service provided by their insurance agents and remain committed to working with them in the future, according to a new …
The Maine Bureau of Insurance is advising consumers to beware of an illegal sweepstakes scam targeting MMG Insurance Co., a Maine domestic insurer located in Presque Isle. Officials at MMG notified acting Superintendent Eric Cioppa that individuals across the country …
Insurance Brokers and Agents of the West (IBA West) and LIG Marine Managers have formed a partnership to provide IBA West member agents the marine and longshore insurance coverage. IBA West Member Agents will have a dedicated portal for to …
Mastos & Associates, based in Reno, Nev., has named Jeff Hall as its marketing manager. He will work from the company’s Las Vegas office. Hall has been in the insurance industry for 29 years, holding positions ranging from adjuster to …
