New Hampshire drivers are benefiting from increased competition among auto insurers. Seven of the 11 auto insurance companies that have filed rate change requests with the state so far this year have asked for decreases, compared to five of 25 …
A federal judge has sided with the state of Maine in an industry challenge to the constitutionality of a state law that requires pharmacy benefit managers to disclose side payments from drug companies and other financial information. U.S. Magistrate Judge …
With arctic winds still blowing and snow flying across northern New England, motorcycle season is still a ways down the road. But the debate over helmets will soon rev up in at least one of the states where the motorcycle …
A bill that bans Virginia motorists younger than 18 from talking on cellular phones while driving and subjects them to tickets if they don’t wear seat belts won easy Senate passage last week. By a 32-7 vote, a bill that …
By a 5-2 bipartisan vote members of the Colorado Senate Business, Labor and Technology Committee rejected a measure that would have banned insurers from using credit history to underwrite and rate automobile and homeowners insurance policies. The action by state …
Sexual abuse of a minor falls within an insurance coverage exclusion for injuries resulting from “actual or threatened abuse or molestation,” the Maine Supreme Judicial Court ruled recently in its first interpretation involving the question. Maine Bonding & Casualty Co. …
Some Maine motorists are angered over a new law under which motor vehicle registrations can be suspended if an insurance company notifies the state of a motorist canceling or failing to pay insurance. So far, more than 5,000 Mainers have …
Banks should have an easier time selling insurance in Massachusetts thanks to a recent federal court ruling granting supremacy to federal rules over more restrictive state laws governing banks’ sales of insurance products. The Massachusetts Bankers Association successfully challenged state …
Tony Casabat Redwood City, Calif.-based ABD Insurance and Financial Services hired Tony Casabat as senior vice president/sales executive for the company’s Employee Benefits practice. Casabat, a longtime lead sales and client management employee benefits broker and consultant, has worked with …
As the Maine Legislature opens its 2005 session, lawmakers are reportedly primarily concerned with tax issues, including a proposal that would tax insurance premiums to fund retirement health insurance for police and firefighters. “With the state facing a budget shortfall …
