Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including the the workers’ compensation industry in 2010, as they did in 2009. Robert Hartwig, president of the Insurance Information Institute, …
State fire investigators have concluded that a fatal explosion at a condominium project last summer was not the result of the delivery of odorless propane gas from a Westfield, Mass., distributor, as initially thought. The report from Fire Marshal Stephen …
A Massachusetts woman has been sentenced to more than four years in prison after admitting that she and her husband intentionally ate glass particles, then submitted false insurance claims. Mary Evano was also ordered last week to pay more than …
A former Lawrence, Massachusetts man who participated in a staged car crash that took the life of a 65-year-old grandmother has been sentenced to 2 1/2 years in prison after pleading guilty to manslaughter. Prosecutors say Hairo Gomez was behind …
The Minnesota Department of Commerce said it stands to receive more than $2 million in its share of a $146 million settlement with American International Group over misreporting of workers’ compensation insurance premiums. AIG and its workers compensation insurance affiliates …
American International Group Inc. (AIG) has agreed to pay $146.5 million in fines and additional taxes to state insurance regulators for alleged under-reporting of premiums to states more than a decade ago. The company will pay $100 million in penalties …
The touchy subject of agents’ commissions dominated headlines in 2010 — particularly in New York where regulators unveiled new rules that will force agents to reveal to clients how much they are paid. That decision struck a major nerve within …
Coastal Alabama should seize the BP Gulf oil disaster as an opportunity for “resiliency planning” that will not only help the region recover from the oil damage but also put it in a position to better recover from any future …
A tobacco company that had tried to hook black children on cigarettes was ordered to pay $81 million in punitive damages to the estate and son of a Boston woman who started smoking at age 13, in what an attorney …
A jury has ruled in favor of a Massachusetts couple and awarded them nearly $2 million in a medical malpractice suit they brought against St. Vincent Hospital in Worcester. Laura Ginisi claimed in the suit that misdiagnosis of several strokes …
