June 15, 2007
New England’s aging population, an epidemic of preventable illness brought on by the obesity epidemic and the high cost of medical care could combine to cripple the region’s economy, according to a new study. The report, released by the New …
June 15, 2007
For the second straight year, an insurance study has found that Sioux Falls, S.D. has the safest drivers in the nation. Researchers with Allstate Insurance Co. analyzed two years of internal crash data to calculate the chance that drivers in …
June 14, 2007
Okemos, MI – NetRate Systems, a leading provider of commercial lines rating software for the insurance industry, announces the immediate availability of Massachusetts Commercial Automobile Rating. The Mass Auto Rating System includes Business Auto, Garage, and Truckers, all based on …
June 14, 2007
A former Massachusetts inspector general, who gained prominence for questions he raised about the long troubled Big Dig highway project, will be New Orleans’ top watchdog as it rebuilds after Hurricane Katrina. Robert Cerasoli, 59, was offered and accepted the …
June 13, 2007
The Bush administration rejected a Securities and Exchange Commission recommendation in a key Supreme Court case and did not support shareholders suing Wall Street banks for damages over Enron’s collapse. The Justice Department’s solicitor general, who represents the administration in …
June 11, 2007
Federal officials have cited two companies with 23 health and safety violations and proposed fines totaling more than $32,000 in connection with the explosion that destroyed a paint and ink factory in Danvers, Mass. in November, the U.S. Occupational Safety …
June 6, 2007
Rhode Island’s biggest workers compensation writer, Beacon Mutual Insurance Co., has named Robert G. DeOrsey as vice president of underwriting and loss prevention. As vice president of underwriting and loss prevention, DeOrsey will oversee the daily operations of both departments …
June 5, 2007
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and the issuer ratings (ICR) of “a-” of Tower Group Companies and its members – Tower Insurance Company of New York and Tower National Insurance Company (Massachusetts). …
June 4, 2007
Workers’ compensation insurers and the state regulator have agreed upon a 16.9 percent average decrease in workers’ compensation rates in Massachusetts starting Sept. 1, 2007. The industry’s Workers’ Compensation Rating and Inspection Bureau of Massachusetts (WCRIB) had submitted a bid …
June 4, 2007
Will forecasters’ warnings prove accurate this year? 10 N.H. on risks with no Social Security Numbers Carriers can’t refuse to quote- so what do they do? 10 Newport’s mansions develop hurricane plan Fireman’s Fund helps protect R.I.’s coastal treasures 12 …