Massachusetts News

New Markets

Trucking Operations Nuts & Bolts: Kansas-based Interstate Insurance Management and Swiss Re’s Commercial Insurance announce the immediate expansion of their insurance program for the trucking industry into Virginia and Indiana. The program, which has been in operation since 1970, provides …

New Markets

Monoline Auto Classes, Small Commercial Businesses Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company has opened an additional 257 existing America Premier classes for monoline auto and added 238 …

Zurich agrees to terms to close multi-state bid-rigging probe

News Currents Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing their probe into the insurer’s involvement in alleged bid-rigging and unfair compensation practices in the commercial insurance market. The …

Mt. Washington Auto Insurer Partners with Savings Bank Life in N.H.

Concord, N.H.-based Mt. Washington Assurance Corp. has partnered with The Savings Bank Life Insurance Company of Massachusetts to offer a discounted auto insurance rate to SBLI’s more than 22,000 New Hampshire customers. New Hampshire SBLI policyholders will be eligible to …

Health Premium Hikes Tied to Costly Specialty Drugs

Expected health insurance premium increases of between 8 and 13 percent in Massachusetts are being driven more than ever by the costs of expensive specialty drugs, according to officials from some of the state’s major health insurers. “Virtually every health …

OSHA Catches Fall River, Mass. Contractor with Unprotected Trench

A Fall River, Mass., contractor faces $25,950 in fines from the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) after a spot inspection found two employees working in an unprotected 6-foot, 7-inch deep trench at a Milton, Mass., …

Zurich Agrees to Terms to Close Multi-State Bid-Rigging Probe

Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing their probe into the insurer’s involvement in alleged bid-rigging and unfair compensation practices in the commercial insurance market. The multi-state settlement …

Mass. Employee Sues Firm for Firing Him Because He Smoked

A 30-year-old Massachusetts man who has smoked for more than a decade filed a lawsuit last week against The Scotts Co., alleging the lawn and garden company violated his privacy and civil rights when it fired him because he smokes. …

New Rules Require Businesses to Keep Better Tabs on e-Documents

Companies that help businesses track and search their e-mails and other electronic data are experiencing a surge of interest in the wake of federal rule changes that clarify requirements to produce such evidence in lawsuits. Roger Matus, chief executive of …

Lawrence, Mass. Man Pleads Guilty to Auto Insurance Fraud

A Lawrence, Mass. man pleaded guilty this week to an indictment charging that he participated in an auto insurance fraud scheme to bilk insurance companies out of thousands of dollars in false claims, according to state Attorney General Tom Reilly. …