Latest Massachusetts Headlines
All the headlines from our Massachusetts Topic Page, ordered by recency.
Massachusetts Health Insurer Ends Coverage of Compounded Drugs
Jun 14 2013 // The second largest health insurer in Massachusetts has announced that it will no longer cover specialty medications known as compounded drugs, months after a deadly nationwide meningitis outbreak was traced to a...
Mass. DOI Proposes Regulation on Auto Glass Repair Steering; Hearing Scheduled
Jun 13 2013 // The Massachusetts Division of Insurance said it will hold a public hearing on June 28 regarding the proposed new regulation 211 CMR 135.00, “Requirements Regarding Referrals to Motor Vehicle Glass Repair...
U.S. Charges 8 with Cybercrime Against Financial Institutions, Government
Jun 13 2013 // Federal prosecutors in New Jersey on Wednesday unveiled criminal charges against eight people accused of trying to steal at least $15 million from U.S. customers in an international cybercrime scheme targeting accounts at...
Mass. DOI to Issue Report on Boston Bombings
Jun 3 2013 // The Massachusetts Division of Insurance said it is examining insurance claims arising from the April 15 Boston Marathon bombings to better understand the claims filed and paid. The division spokesperson Jayda Leder-Luis...
Best Revises Outlook on Travelers and Most Subs to Positive; Affirms Ratings
May 31 2013 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the property/casualty...
Mass. Bill Would Extend Legal Protections to Off-Duty First Responders
May 29 2013 // The Massachusetts Senate has passed a bill to ensure that off-duty first responders who provide emergency care are not subject to lawsuits. Senate President Therese Murray said the so-called “Good Samaritan...
PURE Introduces Auto Insurance Option to Massachusetts Drivers
May 21 2013 // Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer that exclusively caters to high net worth individuals and families, will begin offering automobile insurance to its...
New York, Pennsylvania Rank High for Opioids Among Injured Workers
May 20 2013 // Editor’s Note: This is part of a team report on opioid use by injured workers. For the national story read: Opioid Epidemic Plagues Workers’ Comp The epidemic of opioid abuse and its impact on workers’...
A.I.M. Mutual in Massachusetts Names New President
May 16 2013 // A.I.M. Mutual Insurance Companies has promoted Mike Standing to be the company’s new president, effective June 1. Mike Standing Standing joined A.I.M Mutual as vice president in August 2012, with a focus on market...
Will Supreme Court Enter Climate Change Debate?
May 16 2013 // With a barrage of legal briefs, a coalition of business groups and Republican-leaning states are taking their fight against Obama administration climate change regulations to the U.S. Supreme Court. The U.S. Chamber of...
Utah to Be First to Use Dual-Model Health Exchange
May 13 2013 // The federal government has approved Utah to become the first state to have a dual-model health insurance exchange in which the state and the federal government divide responsibilities. The plan allows Utah to continue to...
Senators Finalizing Drug Compounding Regulation Bill
May 13 2013 // U.S. senators appeared close to finalizing a bill that would require pharmacies that compound and sell sterile drugs across state lines to submit to greater federal regulation. The proposed legislation comes in the wake of...
2 Third-Generation Independent Agencies Merge in Massachusetts
May 10 2013 // Ross Insurance Agency, a third-generation independent agency based in Holyoke, Mass., recently purchased another third-generation Holyoke agency, the Nathan N. Feldman Insurance Agency Inc. Founded in 1925, Ross Insurance...
Mass. DOI to Issue Report on Insurance Claims Arising From Boston Bombings
May 10 2013 // The Massachusetts Division of Insurance said it is currently examining claims arising from the April 15 Boston Marathon bombings in an effort to understand the insurance claims filed and paid, in line with examinations the...
Rockwood Decreases Agent E&O Rates in Massachusetts, California, Texas
May 7 2013 // Rockwood Programs has implemented underwriting guideline changes to its P&C Agents E&O program. The modifications will result in a rate decrease in the states of California, Massachusetts, Nevada, and Texas. The...
2 Mass. Men Sentenced for Fraudulently Collecting $23K in Insurance Payments
May 7 2013 // Massachusetts authorities announced this month that two men have pleaded guilty to charges they fraudulently collected an insurance payment of more than $23,000. “These defendants conspired to obtain payment for a...
Massachusetts FAIR Plan Seeks Rate Hike
May 6 2013 // The Massachusetts FAIR (Fair Access to Insurance Requirements) Plan, the state’s home insurer of last resort, has proposed in April an average statewide rate hike of 6.8 percent. Testimony from expert witnesses and...
Crackdown on Mass. Auto Insurance Fraud Leads to Big Savings: Report
May 1 2013 // A crackdown on auto insurance fraud in Lawrence, Mass., prompted by the death 10 years ago of a great-grandmother in a staged accident has saved the city’s motorists $68 million in premiums, and hundreds of millions...
Massachusetts AG Announces $200K Settlement With Safety Insurance Co.
May 1 2013 // Auto insurer Safety Insurance Company agreed to pay more than $200,000 to settle allegations that it overcharged hundreds of inexperienced drivers by failing to reduce premiums as consumers gained additional years of...
Mass. FAIR Plan Seeks Rate Hike; Expert Witnesses to Testify on Insurer’s Behalf
Apr 28 2013 // The Massachusetts FAIR (Fair Access to Insurance Requirements) Plan, the state’s home insurer of last resort, has proposed this month an average statewide rate hike of 6.8 percent. The FAIR Plan, whose official name...
