The Massachusetts Division of Insurance is questioning data submitted by American International Group to support workers’ compensation rate recommendations in the state. Just two weeks before the Massachusetts Workers Compensation Rating Bureau’s deadline for submitting a filing, state officials have …
Starkweather & Shepley Insurance Brokerage, Inc., one of the largest independent insurance agencies in the U.S., has acquired MVI Insurance Group and The Lambert Agency located in Martha’s Vineyard, Mass. Rhode Island-based Starkweather & Shepley has offices in East Providence …
Strengthening Indiana’s weak insurance-fraud law will raise Indiana’s fraud statute to a par with other states, the Coalition Against Insurance Fraud told key legislators in testimony recently. “This bill will help reduce pressure on premiums, and reduce a crime that …
The cost of auto insurance is expected to rise by just 1.5 percent in 2005, the smallest increase in five years, reports the Insurance Information Institute. The average cost for auto insurance nationwide for 2005 is estimated at $870–an increase …
Hundreds of employees from The Main Street America Group donated more than 7,700 non-perishable food items, totaling nearly two tons, to several food pantries in five cities in conjunction with the Jacksonville-based company’s celebration of Super Bowl XXXIX. All food …
New Hampshire drivers are benefiting from increased competition among auto insurers. Seven of the 11 auto insurance companies that have filed rate change requests with the state so far this year have asked for decreases, compared to five of 25 …
The Cycle Turns for Marsh Mac as N.Y. States Strikes $850M Deal for Charges Life goes in cycles. Everything and everybody from the cosmos down to the lowliest plant follows a certain rhythm–businesses and economies included. Only one stock (General …
Medford, Massachusetts trial lawyer Robert Bonsignore has filed a class action suit in U.S. District Court in Boston accusing insurance broker Marsh and several insurers of price-fixing and consumer fraud. The suit targets Ace Insurance Co., American International Group, MetLife …
California Insurance Commissioner John Garamendi helped deliver the first checks from a $20 million settlement of a class action lawsuit to resolve insurance claims stemming from the Armenian Genocide nearly 90 years ago. The Commissioner played an instrumental role during …
Former insurance studies research fellow and strategic public affairs counsel, Robert Detlefsen, Ph.D., has joined the National Association of Mutual Insurance Companies (NAMIC) as director of public policy. Detlefsen will develop and direct public policy, communication and media relations strategies …
