State inspectors in Massachusetts will target small companies handling dangerous materials in residential areas to try to prevent a repeat of a Danvers explosion that was blamed on a build up of chemical vapor. The state fire marshal’s finding released …
Washington, D.C., is a bit bluer these days than it was about a year ago. The Democratic color means both challenges and opportunities for independent agents and the insurance industry, says Independent Insurance and Brokers of America’s CEO Bob Rusbuldt, …
The Main Street America Group announced that Steve Berry has joined the super regional property/casualty insurance carrier as president of its New England Region. Berry, who has background leading property/casualty sales operations in the New England marketplace, will report to …
Needham, Mass.-based research firm TowerGroup has added an insurance industry veteran to the role of research area director to lead the firm’s insurance practice. West will head a team focused on charting the technology trends and strategies that help carriers …
Tyco International Ltd. has agreed to pay about $3 billion to settle shareholder claims from one of the largest corporate fraud cases ever, ending uncertainty over the outcome of the legal battle as it prepares to split into three companies. …
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 …
A Hampton, N.H. woman who delivered a stillborn baby hours after a crash two years ago is suing the other driver. Kelly Marie was eight months pregnant when a pickup truck sideswiped her car. She delivered the baby girl three …
Spending on health care is soaring for local communities in Massachusetts. Since 2001, health care spending has nearly doubled, squeezing budgets and forcing cities and town to cut back in other areas, from public safety to government services. The rising …
Massachusetts Attorney General Martha Coakley’s Office has reached a $58.5 million settlement with American International Group (AIG), the workers’ compensation carrier for the Central Artery Tunnel (CA/T) Project, known as the Big Dig. Coakley said a review by her office …
Carol L. DiPietro has been appointed senior vice president of field operations of Meadowbrook/TPA Associates, a member of the Meadowbrook Insurance Group. She is based in the firm’s Andover, Mass. office. In this role, DiPietro is responsible for managing the …
