A federal judge has thrown out key provisions of a 2004 Massachusetts law aimed at preventing oil spills, ruling that the statute is pre-empted by federal law and therefore unconstitutional. The Legislature passed the Oil Spill Prevention Act after a …
The biggest increases are in store for coastal Cape Cod, where the Fair Plan has become the leading property insurer rather than the insurer of last resort as intended. News Currents Last summer when the Massachusetts Fair Plan, the state’s …
When the family of Milena Del Valle, who was killed when part of the Big Dig tunnel ceiling crushed the car she was riding in, gets around to filing a wrongful death lawsuit, that suit is expected to trigger legal …
A Superior Court judge in Springfield, Mass. has for now blocked more than 100 people who say they were molested by priests from having to tell lawyers about the abuse they say they endured. Judge John Agostini ruled Thursday that …
Return for credit “But we will be back.” Delaware Insurance Commissioner Matthew Denn on the state Legislature’s failure this session to pass his measure restricting the use of credit scores in insurance pricing. Title wave “New Yorkers have been paying …
The Insurance Information Institute has promoted Dr. L. James Valverde Jr. to vice president of Economics and Risk Management. Dr. Valverde joined the I.I.I. in August 2005 as director of Economics and Risk Management, focusing on several topics where risk …
Maryland tends to alcohol training Groups offering state-mandated alcohol-awareness training to bartenders and liquor-store workers would have to provide at least three hours of instruction and give a state-approved test under rules proposed by the Maryland Comptroller of the Treasury. …
Profit sharing is here to stay and compensation disclosure, if any, should be left up to agents and brokers to decide. Judging from comments at a recent Independent Insurance Agents and Brokers of New Hampshire meeting, the compensation issue has …
Workers’ Compensation – Middle Market Nuts & Bolts: Workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite, is being offered by PointSure Insurance Services. Premiums are in excess of $130,000 with guaranteed cost and loss-sensitive plans. Experience …
Homeowners in Arizona Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif. is offering homeowners coverage in Arizona. The program includes high risk properties, seasonal homes, brush areas, protection classes 1-10, older homes and homes with losses. High …
