The day after a court struck a blow to his administration’s reforms of the state’s auto insurance residual market, the powerful independent agents’ lobby also pulled the rug out from under some of Gov. Mitt Romney’s other key reforms. The …
NAIC Seeks Uniform Approach; N.Y. Agrees to Pull its Separate Form State insurance regulators moved closer to final adoption of model finite reinsurance disclosure language at the summer meeting of the National Association of Insurance Commissioners in Boston in early …
A Cold War has erupted in Massachusetts over of all things, the state’s auto insurance system. Republican Gov. Mitt Romney started it. In unveiling a deregulation package he hopes will attract national carriers and reward good drivers, Romney repeatedly referred …
OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, has named Kevin Rehnberg as senior vice president reporting to Chief Executive Officer John Cavoores. Rehnberg will help support OneBeacon’s specialized, segmented commercial business. Rehnberg, a 19-year industry …
The workers’ compensation system must prepare for a big boom in older workers, a population that is less likely than younger workers to return to work after an injury. Workers over the age of 55 are 12 to 35 percent …
Efforts to improve auto insurance markets in New Jersey and Massachusetts, two of the worst states in which to write auto coverage, have yielded several important conclusions. One of the most important is the realization that if insurers can’t use …
State insurance regulators moved closer to final adoption of model finite reinsurance disclosure language at the summer meeting of the National Association of Insurance Commissioners in Boston in early June. As they did, they expressed the hope that states that …
In a development that reportedly illustrates the need to reform Massachusetts’ antiquated automobile insurance system, a superior court judge on Monday ruled that Insurance Commissioner Julie Bowler lacked the statutory authority to order the state’s private passenger automobile residual market, …
Zurich North America has announced the appointments of H. Lindy Hardman III, Jerry J. Blais, Joseph S. Murphy, M. Bradley Brown, Kathleen Dwyer, Matt Munson, Donald D. Doyle, Jr. to newly created regional executive positions. In their new roles, each …
A Cold War has erupted in Massachusetts over of all things, the state’s auto insurance system. Republican Gov. Mitt Romney started it. In unveiling a deregulation package he hopes will attract national carriers and reward good drivers, Romney repeatedly referred …
