October 6, 2005
Illinois Gov. Rod Blagojevich is expected to unveil a proposal Thursday to subsidize health insurance for 253,000 uninsured children in Illinois. Seventy-percent of the state’s uninsured children belong to families that earn $40,000 to $80,000 a year — too much …
October 4, 2005
Gencorp Insurance Group has added several Northeast agents to its agency network. Newest to the group are Northeast Insurance, with offices in Needham, Auburn and Falmouth, Mass; HG Financial, New York, N.Y.; Mansfield Insurance Agency, Westerly, R.I.; Karl Crowell Insurance, …
October 4, 2005
Some 18 months after a report called the current system unfair and inequitable and three months after a court halted a substitute plan, the Massachusetts Division of Insurance has approved a modification in the way high risk private passenger auto …
October 4, 2005
Medical insurer ProSelect has received approval for an average 2.3 percent increase in physicians’ and surgeons’ medical malpractice insurance rates in Rhode Island. However, the insurer lost its bid for an increase in rates for hospitals. ProSelect had submitted filings …
October 3, 2005
The U.S. Financial Services Committee is considering the Hurricane Rita Flood Insurance Buy-In-Act, an effort which would make it possible for property owners who did not live in flood plains and had no flood insurance, yet suffered losses in the …
October 3, 2005
Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, announced that Jack Snyder has joined the company as a managing director and manager of business development for the Americas, …
October 3, 2005
Harvard Pilgrim Health Care is the #1 health plan in America, according to a joint ranking by U.S. News and World Report and the National Committee for Quality Assurance. Harvard Pilgrim Health Care of New England, Harvard Pilgrim’s New Hampshire …
October 3, 2005
MASSACHUSETTS AG Might Sue Marsh: Marsh & McLennan Cos., the insurance broker that paid $850 million to settle New York Attorney General Eliot Spitzer’s accusations of bid-rigging, may face a similar suit from Massachusetts Attorney General Tom Reilly. Reilly intends …
October 3, 2005
Massachusetts Attorney General Tom Reilly announced that more than 100 Massachusetts car owners are eligible to receive between $600 and $9,000 in restitution from State Farm Insurance. Reilly said those consumers will be contacted by mail this week. AG Reilly’s …
October 3, 2005
Enhanced Identity Theft Protection Nuts & Bolts: Travelers personal lines, a member of St. Paul Travelers, announced significant enhancements to its identity theft protection program, including a new resolution service and expanded expense reimbursement coverage. They now offer resolution services …