Reports of skyrocketing medical malpractice premiums in Massachusetts are flawed, according to a Suffolk University Law School study that found Bay State physicians actually saw their inflation-adjusted malpractice premiums drop between 1990 and 2005. The study, reported in the May/June …
An Aon Corp. analysis of liability in the long term care industry found for the first time in nine years of reporting that liability costs are stable on a national average basis. The study found that average general liability and …
The leader of a House of Representatives committee said it plans to review a federal agency in charge of ensuring workplace safety this summer after recent construction deaths in Las Vegas and other major cities. Rep. Lynn Woolsey, D-Calif., said …
When Jenny and John Crowley learned they were having a baby, they did the responsible thing: they bought life insurance. Barely in their 30s, they passed the insurance company’s physicals, applied for a $500,000 policy for Jenny and a $1 …
Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company, appointed Pete McPartland to president and CEO. McPartland comes to Golden Eagle Insurance from General Casualty in Sun Prairie, Wis., where he led insurance operations for QBE Regional Insurance as …
Workers’ compensation costs per claim in Louisiana were 28 percent higher than the median of 14 study states for a similar set of 2003/2006 claims, according to a new study by the Cambridge, Mass.-based Workers Compensation Research Institute (WCRI). All …
New carriers in the Massachusetts auto insurance market will be exempt from high risk assignments for their first two years under an amended rule approved by Massachusetts Insurance Commissioner Nonnie Burnes. The original rule had permitted a delay period of …
Massachusetts insurance officials have blocked a 13.2 percent statewide rate hike by the state’s residual market home insurer. The decision by Insurance Commissioner Nonnie S. Burnes also kills a 25 percent increase in coastal homeowners’ insurance rates that was part …
Boston-based Safety Insurance Group, Inc. reported that net income for the quarter ended March 31, 2008 was $19.0 million compared to $24.6 million last year. Direct written premiums for the quarter decreased by $13.2 million, or 7.3%, to $168.3 million …
Independent agents in Massachusetts have charged that Progressive Insurance, which began selling auto insurance online in the state May 1, is skirting state regulations and misleading consumers with its Web site quoting program. The Massachusetts Association of Insurance Agents (MAIA) …
