Massachusetts Attorney General Martha Coakley says the state’s new managed competition auto insurance system is not lowering average rates for 2008 below what they would have been under the old system where the state set all rates. Coakley has criticized …
Some East Coast politicians benefitted significantly from the Democratic takeover of Congress as Reps. Barney Frank of Mass. and Rep. Paul Kanjorski of Pa. took leadership positions on committees with direct control over insurance legislation. Frank is chairman of the …
Insurance fraud investigators began preparing for an expected rash of arsons by cash-strapped homeowners trying to avoid foreclosures as the subprime mortgage crisis deepened. But arsonists were not waiting for bank foreclosures. There were scary reports throughout the year of …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Recruiters Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC is offering a recruiters’ professional …
Insurance markets for coastal properties continued to challenge insurers, agents, policymakers and property owners, despite an inactive hurricane season. For the most part, while policymakers debated, private markets went about their business. Insurers writing in the Atlantic and New England …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Small Residential General Contractors Nuts & Bolts: NSM Insurance Group is offering coverage for general …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Recruiters Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC is offering a recruiters’ professional …
Industry hopes for disaster solutions, federal terrorism insurance extension, regulation reform and more In 2007, buyers of insurance reaped in the rewards of a soft insurance market. But for agents and brokers the soft market meant lower premiums, lower commissions …
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, …
