Massachusetts News

Debate Over Mandating Home Sprinklers About to Heat Up

Fire safety could become a hot topic in communities across the country as officials debate whether to adopt newly proposed rules requiring fire sprinklers in all new construction of one- and two-family dwellings. The revised national building and fire safety …

IMSA Lauds Iowa, N.D. for Market Oversight Activities

The Insurance Marketplace Standards Association (IMSA) today commended both the Iowa and the North Dakota Insurance Departments for issuing a bulletin and letter respectively affirming their use of a company’s IMSA qualification in their market oversight activities. Iowa Commissioner Susan …

AIG Denies Claims Fraud Charges by Consortium of Reinsurers

A group of 18 insurers is suing American International Group and bankrupt fronting company Trenwick America Reinsurance Corp. for allegedly scheming to collect as much as $73 million in what the insurers claim are “grossly inflated” workers compensation and other …

Allmerica Notes Sale of Life Biz; Focus Now on P/C Sales

Massachusetts-based Allmerica Financial Corporation announced Monday that it has entered into a definitive agreement to sell its run-off variable life insurance and variable annuity business to The Goldman Sachs Group Inc. In conjunction with this sale, AFC is seeking approval …

HEALTH INSURANCE RATES RISING:

The state’s largest health insurers say most Massachusetts companies and their workers will see increases of 10 percent or more in their health insurance premiums beginning next year. The expected increase would follow five consecutive years in which premiums increased …

HOSPITALS WEIGHING APOLOGY POLICY:

Some of Harvard Medical School’s teaching hospitals may add a lesson for their doctors: how to say sorry. The Boston Globe reported that a national specialist on patient safety, Dr. Lucian Leape, has helped the hospitals draft the policy for …

News Briefs

MASSACHUSETTS Health Insurance Rates Rising: The state’s largest health insurers say most Massachusetts companies and their workers will see increases of 10 percent or more in their health insurance premiums beginning next year. The expected increase would follow five consecutive …

Mass.Chiropractors Charged in $1.8 Million Fraud Case

Owners and employees of First Spine and Rehab, a Lowell Mass. chiropractic clinic, have been named as defendants in a $1.8 million fraud lawsuit — the result of a six-month investigation led by Encompass Insurance Company of Massachusetts, a diviion …

Working Overtime Increases Risk of Workplace Injuries More Than Job Hazard, U.S. Study Finds

The long working hours culture drives up the risk of workplace injury and illness, reveals a study by occupational medicine researchers, who also conclude that the risk has nothing to do with how hazardous the job is. After adjusting for …

ProMutual Expands Program to Prevent Shoulder Related Birth Injuries

ProMutual Group, the laregst writer of medical malpractice insurance in the Northeast, is expanding its successful patient safety program aimed at reducing the incidence of shoulder dystocia. Shoulder dystocia is a birth complication in which a baby’s shoulder is blocked …