Massachusetts News

The Logistics Trust of Texas Now Open for Business

The Logistics Trust of Texas, a workers’ compensation self-insurance group administered by First Cardinal of Texas Ltd, has received approval from the Texas Department of Insurance to begin offering coverage, First Cardinal announced. The program will provide statutory workers’ compensation …

Mass. agents seek 4% auto pay raise

Massachusetts independent insurance agents have filed for a four percent hike in the commission they receive on private passenger auto insurance polices. If approved by Insurance Commissioner Julianne Bowler, the increase would mean a typical commission per policy of $126.19 …

New Markets

Workers’ Comp Middle Market Nuts & Bolts: PointSure Insurance Services is offering workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite. Premiums are in excess of $130,000 with guaranteed cost and loss-sensitive plans. Experience modification factors are …

New Markets

Outdoor Sports Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents. Dollars: Limits $300 to $1 million. Minimum premiums based on $1 million …

New Markets

Workers’ Comp Middle Market Nuts & Bolts: PointSure Insurance Services is offering workers’ compensation for middle market and loss-sensitive plans, with broad risk appetite. Premiums are in excess of $130,000 with guaranteed cost and loss-sensitive plans. Experience modification factors are …

Figures

970,000 American International Group Inc. confirmed the theft of computer equipment containing personal information on about 970,000 individuals. The theft took place on March 31 at one of AIG’s Medical Excess L.L.C. unit offices in the Midwest. 1,700 Connecticut motor …

Fraud Roundup

Wash. trooper accused of taking workers’ comp while off fishing A Washington state trooper accused of falsely claiming $20,000 worth of workers’ compensation benefits has been charged in Olympia, Wash., with theft and perjury. Thirty-five-year-old James A. Long of Chinook, …

New Currents

Liberty expansion Liberty Mutual Group has begun construction of a 350,000 square foot office building located on 225 acres of land the company owns in Dover, New Hampshire. The company expects to begin occupying the building in late 2007. Joining …

Raising the bar on liquor liability training

Are your clients willing to risk the loss of their liquor license, their business, and perhaps even their home and other personal assets? That’s what’s at stake when the owner of a business that serves alcoholic beverages fails to carry …

News Currents

Mass. agents seek 4% auto pay raise Massachusetts independent insurance agents have filed for a four percent hike in the commission they receive on private passenger auto insurance polices. If approved by Insurance Commissioner Julianne Bowler, the increase would mean …