Richard Brewer likens the medical liability business to a barge floating down the Mississippi. “You’re never quite sure what it’s going to look like around the bend,” he explained. As president and chief executive officer of ProMutual Group, a Northeast …
Willis Group Holdings has appointed Vincent D. Liotta as executive vice president and production director of the Willis Re U.S. Specialty Practice. Earlier this year Willis Re merged its Global Marine, Aviation, Retro and London Market Non Marine businesses to …
Massachusetts auto rates will be going down in 2006, although by how much is not yet known. Insurance Commissioner Julianne Bowler received her third recommendation, this one calling for a 5.4 percent reduction in rates, from the State Rating Bureau, …
MASSACHUSETTS All Signs Point Down: Massachusetts auto rates will be going down in 2006, although by how much is not yet known. Insurance Commissioner Julianne Bowler received her third recommendation, this one calling for a 5.4 percent reduction in rates, …
Three new economists have joined the Insurance Information Institute, as part of the group’s effort to enhance its research and analytic capabilities. Dr. Marcellus W. Andrews, economist, will concentrate on property/casualty insurance, with a focus on auto and homeowners insurance …
Nine individuals have been arraigned in Middlesex Superior Court in Cambridge, Mass. in connection with an insurance fraud scheme that included the staging of several motor vehicle collisions in Lowell, Tyngsborough, and Bedford. Another 7 individuals were also indicted in …
Three Quincy, Mass. residents have been charged in an under-the-table payroll scheme in which they allegedly paid hundreds of temporary employees, who performed manual labor at factories and warehouses in Massachusetts, a total of approximately $30 million in unreported cash …
House Speaker Salvatore DiMasi vowed to deliver a bill dramatically expanding health care coverage to the uninsured in Massachusetts but shied away from offering specifics. DiMasi said the bill, which he promised to place on Gov. Mitt Romney’s desk in …
The SAN Group, the network of independent insurance agencies in the New England and New York, grew by eight members during the third quarter. SAN is now comprised of over 180 independent agencies writing more than $275 million in property//casualtypremium. …
Dozens of restaurants and private clubs are appealing a state mandate in Massachusetts that they install sprinkler systems, arguing that they are being misclassified as nightclubs. The Legislature last year passed a law requiring any club with an occupancy of …
