Massachusetts News

Mass. Liquor JUA Hikes Limits Again

The Liquor Liability Joint Underwriting Association of Massachusetts (LLJUA) is offering coverage of up to $2 million per person and $2 million per occurrence ($2 million/$2 million), effective June 1, 2006. “The increase is based on market demand,” said LLJUA …

Beware of New Jersey!

The ad wars over Massachu-setts auto insurance reform have heated up and the loser appears to be New Jersey. “If Massachusetts passes the auto insurance reform like they did in New Jersey, they’ll be sorry,” says Jennifer, one of several …

Study: Mass. Workers’ Comp Cost Trend Slows; Average Claim Typical

The costs per workers’ compensation claim in Massachusetts rose 8 percent for claims evaluated mid 2004 with an average of 12 months’ maturity, according to a new study by the Cambridge, Mass-based Workers Compensation Research Institute (WCRI). This contrasts with …

Eight Indicted by San Diego County Grand Jury for Fraud

Eight Massachusetts residents have been indicted for insurance premium fraud charges by a San Diego County grand jury. The eight owners and employees of Massachusetts-based National Independent Contractors Association (NICA) face arraignment on 50 felony insurance fraud charges. The San …

New England Flood Damage Estimates Rising But Most Lack Insurance

Receding flood waters revealed deep economic damage that hit a broad range of New Englanders — from homeowners who must dry out soggy carpets and replace rotted beams without help from flood insurance, to shopkeepers and industrial employers trying to …

Report Says Comp Costs per Claim in La. Higher Than in Median State

Louisiana’s average total cost per claim placed it among the group of states with higher average costs per claim when compared to the median study state, according to a new report by the Cambridge, Mass.-based Workers Compensation Research Institute (WCRI). …

Senators Broker Compromise on Federal Mine Safety Legislation

Senate lawmakers in Washington reached a bipartisan deal this week aimed at improving safety at the nation’s coal mines, including increasing oxygen supplies for miners. Sens. Mike Enzi, R-Wyo., and Edward Kennedy, D-Mass., the top lawmakers on the committee that …

Rains, Floods Place Southern New England In State Of Emergency

More than five straight days of rain have flooded homes, businesses and roads, swelled riverbanks and placed a number of dams in southern New England under strain. The governors of Massachusetts, Maine and New Hampshire have declared states of emergencies. …

The Hanover Webcasting Shareholder Meeting May 16

The Hanover Insurance Group, Inc. (NYSE:THG) will webcast the company’s annual meeting of shareholders on Tuesday, May 16. The webcast will begin at approximately at 9:00 a.m. Eastern Time through the Hanover web site at http://www.hanover.com/. Those who would like …

Democrats Vow to Block Bill Freeing Health Policies from State Mandates

Senate Democrats pledged this week to fight provisions in Republican-backed legislation that they said would reduce health insurance coverage for millions. The bill would let small businesses join across state lines to buy insurance, which would give them enough clout …