Massachusetts News

News Briefs

Massachusetts Auto Producer Reassignments Delayed: Massachusetts Insurance Commissioner Julianne Bowler has asked that a plan for reassignment of auto insurance producers doing business with the state’s residual market, Commonwealth Auto Reinsurers, be delayed in response to criticism by several insurers …

Choice of Medical Care Provider Affects Injured Worker Outcomes

The choice of medical care providers to treat injured workers by either workers or their employer not only impacts medical costs but also a variety of outcomes for injured workers, according to a study by the Workers Compensation Research Institute …

Feds Probing Western Mass. Transit Agency Insurance Contracts

Federal authorities are investigating contracts and insurance policies of the agency that oversees public transportation services for 24 western Massachusetts communities. The government’s probe is also focused on the Pioneer Valley Transit Authority’s involvement with a $115 million project to …

Mass. Drivers Get Early Christmas Gift: An 8.7% Rate Cut

Massachusetts Insurance Commissioner Julianne M. Bowler announced that 2006 private passenger auto insurance rates will be cut an average 8.7% staewide next year. The new rate takes effect January 1 and translates to an average decrease of $95.14 per vehicle …

Dorr Joins Mass. Office of HCC Specialty Underwriters

HCC Specialty Underwriters, Inc., a specialty underwriting agency subsidiary of HCC Insurance Holdings, Inc., announced that Glenn B. Dorr III has joined its Wakefield, Mass. office. Dorr has been in the insurance industry since 1991 and most recently served as …

Family Seeks Help, Man Vanishes from NAIC Meeting

Matthew Soumakis, 31, attending the National Association of Insurance Commissioners’ Meeting in Chicago last week vanished and the family is appealing for help. The Massachusetts man was last seen in a Streeterville neighborhood bar near the Sheraton Hotel and Towers …

N.H. Trucker Caught Paying ‘Under the Table’ to Avoid Comp Costs

A trucking company owner in Hudson, N.H. has pleaded guilty to federal charges that he conspired to defraud the Internal Revenue Service and Transportation Department and his workers compensation insurance carriers. The U.S. Attorney’s office said Robert Stalker, owner of …

Preparing for Worse

Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to experts at last month’s National Catastrophe Insurance Summit in Burlingame, Calif. It’s just a matter of time, said the speakers, who forecast dramatic scenarios resulting …

People & Places

Edward Troy GAB Robins, the international claims services firm, announced that Edward G. Troy has been named president and chief executive officer of the GAB Robins Group of Companies. Brandon Hickey Before joining GAB Robins, Troy served as president of …

Preparing for Worse

Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the recent National Catastrophe Insurance Summit. It’s just a matter of time, said the speakers, who forecast …