Massachusetts News

Five More Massachusetts Insurers Reach Motorcycle Settlements

Five more insurers have reached settlements with the state of Massachusetts over allegations they charged inflated premiums for motorcycle insurance, the state’ attorney general said. The latest settlements with Arbella Mutual, Hanover, OneBeacon (Mass. Homeland), National Grange Mutual and Norfolk …

Florida Medical Malpractice Insurance Market Found in Good Health

Medical malpractice insurers writing in Florida earned an average return on surplus of 6.6 percent in 2009, their sixth straight profitable year, although their profits were lower than in 2008. That’s one of the news items in the state’s 2010 …

Texas Regulators Issue More than $832K in Fines in August

The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during August 2010. The actions include 14 license revocations, four license denials and fines and restitution totaling $832,708. Copies of Geeslin’s orders may be …

Slip and Fall Cases: What Businesses Need to Know to Minimize the Damages

It’s a scenario that plays out in countless grocery stores, convenience stores, even restaurants and fast food chains, around the country. A person slips on the floor and a lawsuit springs up seemingly before the plaintiff even hits the ground. …

Out-of-State Agents Blast Massachusetts Paperwork Requirement

A trade group for agents in several Northeast states are urging Massachusetts regulators to rethink new paperwork requirements for out-of-state businesses’ workers’ comp coverage. Massachusetts Division of Insurance last month announced new rules requiring out-of-state businesses to submit additional paperwork …

Suit Settled over Shock Therapy Use at Massachusetts School

The family of a former Massachusetts student who received electric shock treatments at a special needs school has agreed to receive $65,000 to settle a lawsuit claiming the treatment was inhumane and violated his civil rights. The privately operated Judge …

Business Moves

Markel, Hiscox Insurer Markel has acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed. The transaction, which includes the rights to the American Live Stock and Harding …

Slip and Fall Cases: What Businesses Need to Know to Minimize the Damages

It’s a scenario that plays out in countless grocery stores, convenience stores, even restaurants and fast food chains, around the country. A person slips on the floor and a lawsuit springs up seemingly before the plaintiff even hits the ground. …

Slip and Fall Cases: What Businesses Need to Know to Minimize the Damages

It’s a scenario that plays out in countless grocery stores, convenience stores, even restaurants and fast food chains, around the country. A person slips on the floor and a lawsuit springs up seemingly before the plaintiff even hits the ground. …

Business Moves

Markel, Hiscox Insurer Markel has acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed, but the companies said it would close the transaction by October 1. The …