Five years ago, Massachusetts introduced its “managed competition” program — and since then, there has been an influx of direct writing and direct response companies coming into Massachusetts and competing with independent insurance agencies. But despite the challenge, independent insurance …
The National Highway Traffic Safety Administration (NHTSA), part of the U.S. Transportation Department, said this month it is providing $550,000 to Connecticut and Massachusetts to help them devise anti-texting enforcement techniques and programs. Each state will receive $275,000 to develop …
Democratic Senate hopeful Elizabeth Warren has launched two new television ads responding to criticism by Republican Sen. Scott Brown of her legal work in an asbestos-related case. Brown also released a new ad Monday, faulting Warren’s tax proposals. Warren’s ads …
A workers’ comp pharmacy billing company has agreed to pay restitution after allegedly overcharging Massachusetts and a number of cities and towns within the state for prescription drugs through the workers’ comp insurance system. StoneRiver Pharmacy Solutions Inc. has agreed …
Allstate Insurance Co. is reopening brick-and-mortar offices in Massachusetts after a quarter century of absence. Back in 1987, the Northbrook, Ill.-headquartered Allstate closed its offices in Massachusetts and pulled out of the market, citing the state’s strict regulation of auto …
The city of Northampton, in Massachusetts, is facing an $800,000 bill to upgrade and maintain its storm water and flood control systems to comply with federal regulations. And that may just be the tip of the iceberg. City officials last …
A Massachusetts court recently ruled in favor of insurer Lloyd’s in a dispute over a commercial property and general liability policy excluding coverage for independent contractors. The insured, a property development firm called Cable Mills LLC, and its insurance agency …
An auto insurance company will pay close to $345,000 in restitution to Massachusetts consumers and an additional $50,000 to the state as the result of an investigation alleging that policyholders with clean driving records were subject to improper non-renewal. Massachusetts …
Liberty Mutual Insurance of Boston, Mass., which was founded in 1912, is joining the National Association of Mutual Insurance Companies’ (NAMIC) “Century Club” in recognition of 100 years of serving their policyholders. Liberty Mutual got its start 100 years ago …
A Rockland, Mass., woman has been indicted in connection with a scheme to fraudulently collect insurance payments of more than $28,000. The Massachusetts attorney general’s office announced last Friday that Olga O’Connor Rich, 41, has been charged with motor vehicle …
