Massachusetts News

New Markets

Insurance Agents E&O Nuts & Bolts: London American Professional Liability LLC, a program administrator and MGA, introduced a new professional liability program for insurance agencies. The program is designed for agencies with gross written premiums between $5 million and $250 …

Mass. weighs health insurance minimum payments

Massachusetts officials are grappling to come up with how much lower-income residents should have to pay for insurance under the state’s landmark health care reform law that requires citizens to procure coverage. Health care advocates said anyone living at or …

New Markets

Insurance Agents E&O Nuts & Bolts: London American Profes-sional Liability LLC, a program administrator and MGA, introduced a new professional liability program for insurance agencies. The program is designed for agencies with gross written premiums between $5 million and $250 …

James J. Donelon, Louisiana, Commissioner of Insurance

With his state still in recovery mode after last year’s Hurricanes Katrina and Rita, Louisiana Commissioner of Insurance Jim Donelon is arguably one of the busiest state insurance regulators in the U.S. While hurricane-related issues command the bulk of his …

It Figures

-16% The percentage that Beacon Mutual Insurance Co., Rhode Island’s dominant workers’ compensation insurer, plans to reduce rates on average. The company, which has roughly 14,500 policyholders, says it expects the rate reduction to save Rhode Island employers about $9 …

The Commissioners

From hurricanes to health insurance, Louisiana focused on recovery With his state still in recovery mode after last year’s Hurricanes Katrina and Rita, Louisiana Commissioner of Insurance Jim Donelon is arguably one of the busiest state insurance regulators in the …

Mass. agents cautious on assigned risk plan

Massachusetts Insurance Commissioner Julianne Bowler has been given the green light by the state’s high court to proceed with installing an auto insurance assigned risk plan and she appears intent on doing so. On Aug. 23, the Massachusetts Supreme Judicial …

New Markets

Security Risks Nuts & Bolts: AI Risk, Lexington Insurance’s Middle Market Unit, has selected Brownyard Programs Ltd. to bring AIG’s GuardSecure product to small- and intermediate-sized private security companies throughout the United States. The program’s focus will include a range …

Mass. agents cautious on assigned risk plan

Massachusetts Insurance Commissioner Julianne Bowler has been given the green light by the state’s high court to proceed with installing an auto insurance assigned risk plan and she appears intent on doing so. On Aug. 23, the Massachusetts Supreme Judicial …

Michigan Supreme Court shows judicial restraint with asbestos decision

Courts and legislatures around the country are taking a serious look at the problems created by the consolidation of mass tort cases, like the asbestos and silica litigation. The Michigan Supreme Court provided the latest move toward restoring balance with …