July 23, 2007
The last time — January 1977 — Massachusetts tried to introduce competitive rating into private passenger auto insurance, a Democrat, Michael Dukakis, was governor. The experiment lasted about seven months before being abandoned due to political pressures when rates rose, …
July 23, 2007
Willis, InsuranceNoodle Willis Group Holdings Limited, the global insurance broker, has acquired Chicago-based InsuranceNoodle, an Internet distributor of U.S. small business insurance. Terms of the transaction were not disclosed. InsuranceNoodle offers Willis a proprietary Web-based technology platform for online application …
July 23, 2007
Vacation Income Property Nuts & Bolts: Middle Oak is offering insurance designed exclusively for vacation income property. What is covered: homes, condos, short term or year round rentals, owner use, two nights, seasonal etc. In the name of a trust, …
July 23, 2007
Four Arab-American men claim in a lawsuit filed in Massachusetts against FedEx Corp. that their supervisors subjected them to religious and ethnic slurs, called them terrorists and gave them less lucrative delivery routes. “They all came to this country because …
July 23, 2007
Nearly 52 percent of U.S. urban Interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual highway performance report. “Gridlock isn’t going away,” said David …
July 23, 2007
At a congressional hearing in Washington, D.C. last month, insurance industry group representatives generally spoke in favor of a bill that would extend the federal backstop for terrorism insurance coverage for another 10 years. The Bush administration opposed this extension …
July 23, 2007
The last time — January 1977 — Massachusetts tried to introduce competitive rating into private passenger auto insurance, a Democrat, Michael Dukakis, was governor. The experiment lasted about seven months before being abandoned due to political pressures when rates rose, …
July 23, 2007
Massachusetts insurance agents aren’t happy about the decision to introduce competitive rating into the state’s price-regulated private passenger auto insurance system. They enjoy the best market share in the country under the current system and don’t want to see that …
July 20, 2007
Mass. Gov. Deval Patrick said a new plan to increase competition in the regulated Massachusetts auto insurance market strikes a fine balance between the free market and government control. “It neither affirms the status quo nor jumps headlong or without …
July 19, 2007
The Massachusetts Turnpike Authority, in its first meeting with a board chairman who pledged openness and transparency, closed its public session Tuesday before a promised discussion of leaks in Big Dig tunnels. “I don’t want to go into details here …