Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
A.I.M. Mutual in Massachusetts Promotes Parsons to Director of Claims
May 28 2014 // Laurie ParsonsThe Associated Industries of Massachusetts Mutual Insurance Companies, a workers’ compensation insurer based in Burlington, Mass., has promoted Laurie Parsons to director of claims. As director of...
Eastern Insurance in Massachusetts Announces New Appointments
May 27 2014 // Eastern Insurance Group in Massachusetts has added five new executives to its team of more than 300 employees. Gregory Grintchenko has joined Eastern as senior vice president, personal lines sales manager. Grintchenko, of...
Tower Hires Debt Adviser In Response to Mass. Regulator’s Demand for Plan
May 23 2014 // Tower Group International Ltd., the insurer that agreed to be bought by ACP Re Ltd. amid a stock plunge, hired Greenhill & Co. to provide advice on repaying debt if the takeover collapses. Tower hired the bank as the...
XS Brokers Appoints Chief Sales Officer in Massachusetts
May 22 2014 // Mike McKinleyXS Brokers Insurance Agency Inc., an insurance wholesaler based in Quincy, Mass., has named Mike McKinley as chief sales officer. In this newly created position, McKinley will oversee all sales and production...
Mass. Fines GEICO for Accident Report Inconsistencies
May 19 2014 // The Massachusetts Division of Insurance (DOI) announced on May 1 it reached an agreement with auto insurance giant GEICO to resolve inconsistencies in its reporting of auto accident information to Massachusetts state...
Acadia Insurance in Maine Announces 2 Promotions
May 16 2014 // Acadia Insurance, a Westbrook, Maine-based subsidiary of W.R. Berkley Corp., promoted David LeBlanc to senior vice president, chief underwriting and marketing officer; he will be based in Acadia’s home office in...
Mass. AG Coakley Sues Drywall Company for Allegedly Misclassifying Workers
May 16 2014 // A New Hampshire drywall company and its owner have been sued for allegedly misclassifying employees as independent contractors, Massachusetts Attorney General Martha Coakley’s office announced today. The lawsuit,...
Massachusetts Senate Approves Domestic Workers’ Bill of Rights
May 12 2014 // The Massachusetts Senate has unanimously passed legislation to create a “bill of rights” for nannies, caregivers and other domestic workers by establishing labor standards and other worker protections. The bill...
Hub International Acquires Assets of E.J. Wells Insurance Agency in Mass.
May 5 2014 // Hub International Limited said its subsidiary Hub International New England, LLC has acquired the assets of E.J. Wells Insurance Agency Inc., a Westford, Mass.-based insurance brokerage firm. Terms of the acquisition were...
Financing Firm to Pay $200K for Prematurely Cancelling Auto Policies in Mass.
May 2 2014 // An Illinois-based premium financing provider has agreed to pay $200,000 to resolve allegations that it illegally and prematurely cancelled certain financed auto insurance policies affecting nearly 200 Massachusetts...
Massachusetts Fines GEICO $275K for Accident Reporting Inconsistencies
May 2 2014 // Massachusetts Insurance Commissioner Joseph Murphy announced Thursday an agreement with auto insurance giant GEICO to resolve inconsistencies in its reporting of auto accident information to Massachusetts state agencies...
Vermont Jury Awards $35 Million in Sex Abuse Case
Apr 25 2014 // A woman who said she was sexually abused over several years in the 1990s was awarded $35 million by a civil jury, though her attorney acknowledged it was unlikely the defendant would ever be able to pay all of it. The jury...
Eastern Insurance Acquires Smith Buckley & Hunt in Massachusetts
Apr 24 2014 // Eastern Insurance Group has acquired Smith Buckley & Hunt, an insurance agency based in Brockton, Mass. Smith Buckley & Hunt was founded in 1875 and the Smith Family has owned the agency since 1922. The principals...
Mass. Regulator on Boston Bombing Claims, TRIA Reauthorization Effort
Apr 23 2014 // Massachusetts Division of Insurance’s last data call showed that the vast majority of insurance claims stemming from the Boston marathon bombing tragedy have been resolved. The data also revealed that among the 160...
Boston Marathon Attacks Convinced Smaller, Midsized Firms to Buy Terror Insurance
Apr 17 2014 // For landlord Peter Zagorianakos, terrorism insurance wasn’t a necessity until the bombs went off last April at the Boston Marathon and revealed a frightening pattern. Two buildings he owns stand within a half-mile...
Starkweather & Shepley Names Healthcare Risk Specialist in Massachusetts
Apr 15 2014 // Starkweather & Shepley Insurance Brokerage Inc. has appointed Stephen Primiano as healthcare risk specialist. Primiano will be working out of Starkweather’s Westwood, Mass., location, where he will continue to...
Massachusetts Judge Criticizes AIG in $7M Decision
Apr 14 2014 // A Massachusetts judge has ordered AIG Inc. to pay at least $7 million to a Wellesley, Mass., man injured after he was struck by a bus in a scathing decision that accuses the insurer of hiding evidence and manipulating...
Mass. Health Insurer Cuts Narcotic Prescriptions to Combat Abuse
Apr 10 2014 // The largest health insurer in Massachusetts has cut prescriptions of narcotic painkillers by an estimated 6.6 million pills in 18 months as part of a campaign to curb abuse. The decline in prescribed opiates including...
Massachusetts to Keep Workers’ Comp Rates at Current Levels
Apr 7 2014 // The Massachusetts Division of Insurance (DOI) announced on March 21 that it has reached a settlement with the Workers’ Compensation Rating and Inspection Bureau (WCRIB) and the Massachusetts Attorney General’s...
Massachusetts Report Examines Workplace Risks for State Employees
Mar 27 2014 // About 3,000 Massachusetts state employees experienced job-related injuries from 2010 to 2012 serious enough to require time off, while four workers lost their lives. That’s one of the findings of a special advisory...
