Massachusetts News

Choice of Medical Care Provider Affects Costs, Outcomes for Injured Workers

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 new study by the Workers Compensation Research …

Gov. Romney Names Collins to Head Mass. Registry of Motor Vehicles

Gov. Mitt Romney appointed the state’s top license enforcer as the new Registrar of Motor Vehicles one day after Kimberly Hinden resigned over a planned reorganization of the state agency. Hinden announced her resignation last week after a failed attempt …

Harleysville Realigns Field Operation; Names 4 Regional Presidents

Harleysville Insurance today named the leaders of its new regional field organization, which realigns the company’s existing network of field offices into four geographic zones. The appointments include: Clinton Bothwell, Southeast regional president; William D. Granato, Midwest regional president; Brandon …

Study: Bad System, Not Bad Drivers, to Blame for Mass. Auto Woes

A new study suggests that the high cost of auto insurance in Massachusetts is the fault of bad government, not bad drivers. The state’s strict rate setting system drives up costs because it fails to discourage claims, according to the …

Tracking Commercial Autos

Before you can finish saying “Beam me up, Scotty,” chances are a tiny transmitter is bouncing a signal off a satellite somewhere in space, indicating that your insured’s taxi is stowed in the hold of a ship destined for parts …

Ex-Insurance Company Executives Indicted for Fraud in New Orleans

A federal grand jury recently indicted three former insurance executives with The Oath for Louisiana on conspiracy and fraud charges resulting from their alleged attempt to hide the health insurance company’s crippled financial condition, according to the Associated Press. Named …

Study: Bad System, Not Bad Drivers, to Blame for Mass. Auto Woes

A new study suggests that the high cost of auto insurance in Massachusetts is the fault of bad government, not bad drivers. The state’s strict rate setting system drives up costs because it fails to discourage claims, according to the …

Business Moves

Allmerica, The Hanover Insurance Group Allmerica Financial Corporation will change its name to The Hanover Insurance Group Inc. effective Dec. 1 and its stock will trade on the New York Stock Exchange under the stock ticker symbol, THG. Allmerica is …

Tracking

Autos Hi-Tech Gadgets Help Curb Losses Vendors of these types of high tech products strive to convince the insurance industry, and businesses that purchase commercial auto insurance for a wide variety of vehicles, that they will lower both liability and …

DVUA Promotes Bannett, Allen to Executive Vice Presidents

DVUA has promoted Jon Bannett and Steve Allen to executive vice president, reports, Edward Levy, president and CEO. Bannett, a DVUA employee for 25 years, is the manager of DVUA of New Jersey, Inc. and DVUA of New York, Inc. …