The Insurance Council of Texas (ICT) elected Dorothy Langley as chair of its Board of Directors beginning Jan.1, 2008. Langley has been a part of the Unitrin Property & Casualty Insurance Group since 1992. She currently serves as vice president …
The Massachusetts Supreme Judicial Court has upheld the 2006 rate increases for the state’s homeowners residual market insurer, the FAIR Plan, against a challenge by the attorney general that the increases violated a state law placing caps on increases. That …
New leaders tackled old issues and the region battled fire and rain. 1. No day at the beach Insurance markets for coastal properties continued to challenge insurers, agents, policymakers and property owners, despite an inactive hurricane season. For the most …
Massachusetts Attorney General Martha Coakley’s office reports it reached an agreement with Boston-based Safety Insurance Co. over allegations that the company violated the Massachusetts Consumer Protection Law by cancelling or non-renewing 31 consumer home insurance policies for insufficient reasons. Safety …
Acknowledging the ongoing concern over coastal property insurance in his state, Connecticut Insurance Commissioner Thomas Sullivan maintained that the state’s coastal property insurance market is in pretty good shape with more than 100 insurers still writing in the state, even …
Massachusetts Attorney General Martha Coakley wants workers’ compensation insurance rates to come down again in 2008. Coakley says small businesses can’t afford to pay too much for the insurance. The rates are set by the state insurance commissioner after hearing …
The family of a woman who was killed in the Big Dig tunnel collapse in Boston has agreed to a $6 million out-of-court settlement with the company that supplied the epoxy blamed for causing 26 tons of concrete ceiling panels …
Massachusetts Insurance Commissioner Nonnie S. Burnes has issued a bulletin calling on insurance companies to send written notification to consumers when a settlement payment in any third-party liability claim is made to the consumer’s attorney or other representative. According to …
A Massachusetts physician is responsible to all third parties who might possibly be affected by his failure to warn a patient about the side effects of a medication, the Massachusetts Supreme Judicial Court has ruled in a decision that has …
Thirty years ago, the last time Massachusetts tried to introduce competitive rating into private passenger auto insurance, Democrat Michael Dukakis was governor. That experiment lasted about seven months before being abandoned when rates skyrocketed for urban and young drivers. Now, …
