April 5, 2005
The largest writer of medical malpractice insurance in Massachusetts said it will not have to raise rates this year, after several years of double-digit hikes. ProMutual Group credited “improved financial strength” and “innovative patient safety initiatives that are having a …
April 4, 2005
Martha Ball has lived her whole life on Block Island, a pork chop-shaped slice of heaven off Rhode Island’s coast. She had no real worries for years about the insurance on her centuries-old, Cape-style home. She paid her bills, filed …
April 4, 2005
New Hampshire is the only state that doesn’t require adult motorists to wear seat belts, but it does ticket drivers for eating, drinking, talking on a cell phone or fussing with their makeup while behind the wheel. The state whose …
April 4, 2005
Although three major proposals to revamp insurance regulation are before legislators in some form, it appears that the industry’s ultimate goal of optional federal charters is nowhere close to fruition. Only the National Association of Insurance Commissioners’ interstate compact is …
April 4, 2005
With spring right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the “Easy Rider” days of the …
April 4, 2005
CPCU Society Looking at IMSA The property casualty industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid rigging and contingent commissions. A presidential task force of …
April 3, 2005
Maine Gov. John Baldacci signed into law a bill to protect gays and lesbians from discrimination, making Maine the sixth and final New England state to do so. “This act not only offers essential civil rights, but serves as a …
March 31, 2005
New Hampshire state senators seem more interested in a House plan to address the cost of medical malpractice insurance than a bill from one of their own. The proposal before the Senate Judiciary Committee is based on a system in …
March 28, 2005
Tower Group, Inc.has completed the acquisition of North American Lumber Insurance Company, an insurance company with active licenses in the nine states which it plans to use to expand. The states are New Jersey, Connecticut, Massachusetts, Rhode Island, Vermont, Maryland, …
March 21, 2005
Douglas McDonough Citizens and Hanover Insurance Companies have named Douglas H. McDonoughregional president of their emerging Mid-Atlantic region. In this role, he will manage all aspects of sales and distribution for the companies’ commercial and personal lines operations in Maryland, …