Massachusetts News

Editor’s Note: Jackpot justice

Few political issues get the business community’s attention like tort reform. Not surprisingly, business owners do not like to be sued any more than they like paying higher insurance costs fueled by lawsuits. One of the most influential business lobbies, …

People

Gregg Effner has joined Main Street America Group as assistant vice president of distribution management. Effner, who has 30 years of property/casualty industry experience, will be based at corporate headquarters in Jacksonville, Fla., and report to Doug Eden, senior vice …

My New Markets

Security Guards Nuts & Bolts: Brownyard Group’s program for security guard firms has been expanded to include limits up to $5 million. This broad coverage includes: general liability, excess/umbrella liability, workers’ compensation, property, auto and first and third party dishonesty …

People and Places

Chicago-based Aon Corp. reported that David P. Bolger, executive vice president, chief financial officer and chief administrative officer, is leaving the company. Bolger will remain with Aon until the search for his successor is completed, a company spokesman told Insurance …

Figures

$440,000 The amount Pennsylvania Superior Court Judge Michael Joyce received in insurance money in 2002 for injuries he said he suffered in a car accident. The FBI and IRS are reportedly looking into the extent of Joyce’s injuries. Joyce’s lawyer …

My New Markets

Security Guards Nuts & Bolts: Brownyard Group’s program for security guard firms has been expanded to include limits up to $5 million. Coverage includes general liability, excess/umbrella liability, workers’ compensation, property, auto, and first- and third-party dishonesty. Coverage is underwritten …

WTC fireproofing

Declarations “One thing it does point out … is the absolute essential nature of fireproofing steel structures. This is something that wasn’t done originally in the World Trade Center when it was built. It wasn’t code at that time.” — …

Mass. Law Mandating Health Insurance Hits Critical Mile Marker

The goal was as audacious as it was simple: Plug the holes in Massachusetts’ health care network without resorting to the politically nuclear option of a single government-funded program. The result is a landmark insurance law praised as innovative, derided …

Declarations

Streamlining surplus lines “Non-admitted insurance reform is a pro-consumer piece of legislation. HR 1065 makes it clear that the state where the policyholder resides should be the state that is in charge of regulation. … Simplifying and streamlining the insurance …

My New Markets

Security Guards Nuts & Bolts: Brownyard Group’s program for security guard firms has been expanded to include limits up to $5 million. This broad coverage includes: general liability, excess/umbrella liability, workers’ compensation, property, auto and first and third party dishonesty …