Massachusetts News

Earnings Up, Losses Down in Commerce Group 3d Quarter

The Commerce Group, Inc. reported 2005 third quarter results showing increased net earnings and decreased losses. Net earnings were $59.8 million, or $1.77 per diluted share, compared to net earnings of $54.3 million or $1.64 per diluted share for 2004. …

Cloutier Joins TD Banknorth Insurance’s Maine Office

Patricia L. Cloutier has joined TD Banknorth Insurance Group in South Portland, Maine as an account manager for employee benefits lines. She will provide a range of services to employee benefits clients throughout Maine. Cloutier has 23 years of experience …

Lamparelli Joins E&S Broker Connecticut Underwriters

Nick Lamparelli recently joined Connecticut Underwriters, Inc. and will be based out of the firm’s Portsmouth, New Hampshire office. Lamparelli joins the firm as a commercial lines underwriter. He will focus on new business quoting. He has been in the …

Failing Taunton, Mass. Dam Replaced with New Structure

Crews on Saturday began dismantling a decrepit wooden dam that nearly collapsed and swamped Taunton, Mass. last week. Workers used heavy machinery to grab chunks of the Whittenton Pond Dam, which was replaced overnight by a new rock dam a …

New Shield Law Could Erase Current Lawsuits Against Gun Makers

President George W. Bush is expected to sign into law a bill to shield the gun industry from most lawsuits filed by victims of gun crimes. The House approved the bill by a bipartisan vote of 283 to 144, with …

Abramson Elected ASCnet President

The Applied Systems Client Network (ASCnet), the user group for Applied Systems agency management technology, announced that Donna Abramson has been elected president. Other newly elected Executive Committee members, approved at ASCnet’s 20th Annual TENCon (Technology, Education and Networking Conference) …

Tetrault Joins NAMIC as Northeast Rep Based in Boston

Paul T. Tetrault will represent the National Association of Mutual Insurance Companies as state affairs manager for the Northeast from a base near Boston. Tetrault, an attorney and former editor of The Standard, an insurance trade wekly, will advocate on …

As Governor in Mass., N.Y. Hopeful Weld Revived Workers’ Comp

While William Weld was governor of Massachusetts from 1991 to 1997, Massachusetts succeeded in turning around a workers’ compensation system that was headed in the wrong direction. In fact, many in the insurance industry consider workers’ comp reform to be …

Feds Investigate Boston’s Logan Airport for Rash of Near-Collisions

A team of specialists from the Federal Aviation Administration toured Logan International Airport earlier this week to investigate a rash of near-collisions on its runways. Members of the FAA’s “Tiger Team” were to spend two or three days studying Logan’s …

N.Y. Gov. Hopeful Weld ‘s Insurance Chief in Massachusetts Stirred Controversy

As governor of Massachusetts, William Weld, a Republican who has said he wants to be governor of New York, helped turn around the state’s workers’ compensation system and introduce some competition into the heavily regulated auto insurance market. But Weld …