Massachusetts News

Commerce Insurance Goes to Court Over Newly-Approved Mass. Auto Assigned Risk Plan

The Commerce Insurance Company, a wholly owned subsidiary of The Commerce Group, Inc., has filed an action in Massachusetts Superior Court, Suffolk County, in response to the rules published by the Division of Insurance for a new automobile residual market …

Davis Joins Insurance Center of New England

Judy Davis has been named vice president of sales at Insurance Center of New England Inc. in West Springfield, Mass. Davis will work in the firm’s employee benefits division. Davis has spent the last seven years as vice president of …

Mass. Gay Couple Seeks Benefits in R.I.

The Tiverton Rhode Island School Committee has asked a Superior Court judge whether it can extend health care coverage to the same-sex spouse of a retired high school teacher. Cheryl McCullough, who worked as a health teacher and guidance counselor …

MISCLASSIFIED IN MASS:

Employers seeking to avoid Massachusetts payroll taxes and some employee benefits are wrongly classifying thousands of workers as self-employed or independent contractors, according to a report by the University of Massachusetts and Harvard University. Out of 194,000 employers in the …

Cotton States Alliance Increases COUNTRY Property/Casualty Group 25 Percent

An alliance between COUNTRY Insurance & Financial Services of Bloomington, Ill. and Cotton States Insurance Group of Atlanta will increase the size of the COUNTRY property/casualty group by about 25 percent. COUNTRY said the agreement will allow the COUNTRY property/casualty …

2005 MASS. AUTO RATES SET:

Massachusetts Insurance Commissioner Julianne M. Bowler issued a decision in the 2005 private passenger auto insurance rate case that will result in a statewide average rate decrease of 1.69 percent next year. The new rates take effect Jan. 1 and …

QUAKER SR SELLS SE WHOLESALE BROKERAGE:

Quaker Special Risk (QSR), of Sea Girt, N.J., excess and surplus lines insurance brokers exclusively serving retail brokers since 1960, has sold its southeast wholesale brokerage office to Charlotte, N.C.-based American Wholesale Insurance Group (AmWINS). The decision was described by …

Recreational Watercraft

Nuts & Bolts: BVSA Marine Insurance is now offering coverage for recreational watercrafts up to 32 feet. Dollars: Liability limits of $500,000 are available. Deductibles range from 1 to 3 percent with no minimum premiums. Carrier: American Reliable, “A,” admitted. …

Flood Coverage

Nuts & Bolts: The private client group of American International Group has a product that adds flood coverage to certain homeowners’ policies. This move is aimed at properties located in low- to moderate-risk areas the government-designated B, C and X …

Mass. Finalizes Auto Insurance Residual Market Operating Rules; New Plan Now In Effect

Massachusetts Insurance Commissioner Julianne Bowler has issued clarifications and minor revisions to her November decision creating a new auto insurance residual market, assigned risk plan to be known as the Massachusetts Automobile Insurance Plan (MAIP). The new plan went into …