Existing carriers complain that plan to give 3-year high risk exemption to newcomers creates uneven playing field The Patrick administration is pushing a rule that exempts new auto insurers in Massachusetts from having to accept costly high risk drivers for …
$500,000 Amount recovered last quarter by the Connecticut Insurance Department for the 1,400 customers who complained about their insurers’ claims practices, underwriting, sales tactics and other business practices. About half of that money was for accident and health claims, while …
Travelers Insurance is consolidating some of its personal lines business center activities across the country, a plan that will mean fewer jobs in Massachusetts and New Jersey but more in upstate New York. Travelers Personal Lines is consolidating some “non-customer …
The Patrick Administration announced an agreement in the 2008 workers’ compensation rate-setting proceeding that will save Massachusetts businesses $11 million. The new rates average to a 1 percent reduction per employer and mark the ninth time rates have decreased since …
Charlotte, N.C.-based wholesale insurance broker AmWINS Group, Inc. has named James Drinkwater president of its AmWINS Brokerage division. Drinkwater will be responsible for the day-to-day management of the division. Prior to being promoted to this role, Drinkwater served as the …
At least 23 people in 14 states, including North Dakota, have been sickened by the same strain of salmonella found in two breakfast cereals recalled by Malt-O-Meal, the federal Food and Drug Administration said. Officials in Minnesota are investigating whether …
A nationwide consumer study of automobile insurance regulation says that rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the state over the last two decades. According to the …
Massachusetts auto insurers have been operating under a new managed competition auto insurance system for only a month now but a battle is well underway over how to treat newcomers to the state. The Patrick administration is offering a rule …
A nationwide consumer study of automobile insurance regulation says that rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the state over the last two decades. According to the …
A nationwide consumer study of automobile insurance regulation says rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the state in the past two decades. According to the Consumer …
