Massachusetts is projecting that its landmark law extending health care coverage to nearly all citizens may cost taxpayers hundreds of millions of dollars more than expected. The subsidized insurance program that provides free or subsidized insurance for low- and moderate-income …
Two men are accused of burning down the Sterling, Mass. birthplace of the woman made famous by the nursery rhyme “Mary Had a Little Lamb.” John Rousseau and Michael Dreslinski, who also face charges in a series of fires in …
Democrat Hillary Rodham Clinton said she might be willing to have workers’ wages garnisheed if they refuse to buy health insurance to achieve coverage for all Americans. The New York senator has criticized presidential rival Barack Obama for pushing a …
Universal North America Insurance Company, with corporate offices in Texas and Florida, has agreed to acquire the renewal rights to approximately 11,500 policies from the personal lines portfolio of Canton, Mass.-based Houston General Insurance Exchange. The acquisition includes homeowner and …
Massachusetts Insurance Commissioner Nonnie Burnes has upheld the 2008 auto insurance rate filings of Arbella Mutal, which proposed an overall rate decrease of 7.7 percent, and Premier (Travelers), which filed for an average 6.3 percent decrease. She rejected Attorney General …
USI Holdings Corp. has acquired Webster Insurance, Inc., from Webster Financial Corp., the holding company for Webster Bank, N.A. The parties also signed marketing agreement to provide expanded products and services to their respective clients. Webster Insurance, based in Meriden, …
The Commerce Group, Inc. reported 2007 fourth quarter net earnings were $19.6 million, or $0.32 per diluted share, compared to net earnings of $59.4 million or $0.87 per diluted share for 2006. Commerce is in the process of being acquired …
An insurance company holding a life insurance policy on a Vermont man who was shot to death — allegedly by his own son — wants a court to decide who gets the $150,000. Massachusetts Mutual Life Insurance Co. asked U.S. …
Massachusetts Attorney General Martha Coakley has lost another skirmish in the battle over regulation of 2008 auto insurance rates. Insurance Commissioner Nonnie Burnes has upheld the rate filing of Hanover Insurance, which proposed an overall rate decrease of 8.1 percent. …
The Hanover Insurance Group Inc. in Worcester, Mass. reported a rise in earnings for the fourth quarter and last year overall while its chief executive officer expressed confidence the company has “momentum leading into 2008.” The company managed to grow …
