A new study suggests that millions of Americans lack basic knowledge of rules of the road and safe automobile operation. This story is being cited here rather than on another page because it’s obviously not news, at least to those …
Over the last month or so there has been a great deal of concern expressed in the Massachusetts agent community regarding the proposed Assigned Risk Plan for private passenger residual market automobile insurance. The implementation of the ARP, to be …
MASSACHUSETTS Workers Comp Rates Up 3%: Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in premiums paid by employers. The new rates take effect in …
Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in premiums paid by employers. The new rates take effect in September. The industry’s Workers Compensation Rating …
There were more than 17.6 million recreational boats in use in the United States in 2004, and an estimated 69 million people involved in boating activities, according to the National Marine Manufacturers Association. Since insuring personal pleasure boats is not …
MassMutual Financial Group in Springfield, Mass. has given Robert J. O’Connell notice of termination as chairman and chief executive officer “due to certain issues, subject to his rights under his employment contract. Those issues do not affect the company’s financial …
Reportedly tired of waiting, Gov. Mitt Romney will today announce a legislative reform package for the Massachusetts auto insurance system, bypassing his own task force that had promised to come up with its own measures by now after more than …
Contrary to popular belief, growth in malpractice payments was consistent with increases in health care spending between 1991 and 2003. In fact, payments grew only 4 percent per year during that period, according to a study released by the journal …
Massachusetts auto insurers would be required to provide up to a five percent discount to good drivers with clean records but be able to set other rates up to a cap of 15 percent on liability coverage under an auto …
The investors in line to revitalize the 157-year old Pawtucket Mutual Insurance and its subsidiary Narragansett Bay Insurance companies plan to rebuild the Rhode Island firms by staying small and focusing on coverage for middle market homeowners, including coastal risks, …
