Massachusetts News

My New Markets

BOP, Beauty, Nail Salons Nuts & Bolts: Bass Underwriters has a new admitted program for BOPs targeting a varied selection of risks. The program will entertain such businesses as beauty and nail salons, clothing stores, convenience stores, electronic and video …

News Currents

Mass. auto report offers map to move state to limited price competition Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study group appointed by Massachusetts Gov. …

Are state-backed insurance schemes the wave of the future?

The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and form regulation, and consumer protection. More recently, however, the state itself is …

News Currents

Mass. extends deadline for residents to buy health coverage The board that oversees Massachusetts’ landmark health insurance law voted last month to delay key elements of the plan by a year and a half to give residents and businesses a …

Utica National Adds Automation Edge to Enhance Commercial Lines

Utica National is giving business owners and agents an edge —aCommercial EDGE, that is. Utica’s new product line and processing system for small- to mid-sized commercial business, Commercial EDGE promises custom-fit insurance protection plus new automation that lets agents rate …

My New Markets

Commercial Auto Nuts & Bolts: Texas Specialty Risk Programs is offering coverage on commercial auto fleets, 1-20 power units. Lowest pricing available. Same day quotes if requested. No loss info required. Submission only requires accord application and business accord auto …

Are state-backed insurance schemes the wave of the future?

The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and form regulation, and consumer protection. More recently, however, the state itself is …

Are state-backed insurance schemes the wave of the future?

The government’s role in insurance markets is a matter of increasing importance and controversy. Historically, state insurance departments have regulated insurers and insurance markets, overseeing solvency, rate and form regulation, and consumer protection. More recently, however, the state itself is …

People

The Main Street America Group has promoted Ed Kuhl to executive vice president, chief financial officer, and Dick Schultz to assistant vice president, and appointed Tom Frazier to assistant treasurer. Kuhl joined Main Street America in 1988 as controller. He …

Most Ill. medical malpractice cases settle before trial, Justice Department report says

From 2000-2004, few medical malpractice insurance claims in Illinois and six other states closed with a payout to the person seeking compensation, with most settling before a trial, according to a Justice Depart-ment report re-leased on March 25, 2007. In …