July 18, 2007
One day after Massachusetts Insurance Commissioner Nonnie Burnes announced she would implement competitive rating for private pasenger auto insurance next year, the state attorney general urged caution. Attorney General Martha Coakley said she will await the details of the Burnes …
July 18, 2007
Seattle-based Safeco has announced it has expanded its sales organization from five to nine regions, and has named executives to lead two of the new territories. “Independent insurance agents have consistently told us they want more personal contact,” said Spencer …
July 17, 2007
Massachusetts insurance regulatory officials have scheduled a public hearing for today, July 17, into the proposed acquisition of American Employers’ Insurance Co. by SPARTA Insurance Holdings, Inc. SPARTA, a Delaware general business corporation, has proposed to acquire 100 percent of …
July 17, 2007
Massachusetts lawmakers say a federal safety board’s report on last year’s fatal Big Dig ceiling collapse gives a boost to their push for a national tunnel inspection program aimed at preventing future tragedies. They are pressing for congressional hearings on …
July 16, 2007
Securities class action filings are well below historical averages for the fourth consecutive six-month period, finds a new mid-year report. According to the report, the 59 filings recorded in the first half of 2007 represent a 42 percent drop from …
July 16, 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 13, 2007
Listen to an iPod during a storm and you may get more than electrifying tunes. A Canadian jogger suffered wishbone-shaped chest and neck burns, ruptured eardrums and a broken jaw when lightning traveled through his music player’s wires. Last summer, …
July 13, 2007
United Parcel Service has denied health benefits to some same-sex couples in New Jersey, a decision gay rights advocates say starkly illustrates the limitations of the state’s civil unions legislation. The company provides health benefits to its employees’ spouses, including …
July 11, 2007
It was a dramatic end to a trial that pitted Notre Dame football coach Charlie Weis against two respected surgeons: a juror collapsed, the doctors rushed to his aid and the judge declared a mistrial. Some in the legal community …
July 11, 2007
Federal investigators said Tuesday that “epoxy creep” was a major factor in the Big Dig accident one year ago that killed a Boston woman when concrete tunnel ceiling panels fell and crushed her car, federal investigators said Tuesday. Investigators with …