State and federal officials plan to announce a lead paint settlement in that will require a prominent Boston real estate company to test for and remove lead paint from more than 7,000 apartments in Massachusetts. Officials say the consent decree …
The Georgia Department of Insurance approved this week the proposed merger of Cotton States Life Insurance Company with a subsidiary of COUNTRY Life Insurance Company, and the affiliation of Cotton States Mutual Insurance Company and its subsidiary, Shield Insurance Company, …
After years of industry complaints and months of wrangling among regulators, carriers, voluntary agents, involuntary agents, consumers and lawmakers, Massachusetts has overhauled its system of insuring high risk drivers. Massachusetts Insurance Commissioner Julianne M. Bowler on Nov. 23 issued an …
Several southeast states, including Florida, Alabama and North Carolina are trying to ferret out brokerages and other firms engaged in bid rigging, price-fixing and anti-trust activities. They are eyeing commercial group accounts; property and casualty insurance transactions; life and health …
The vote tallies in the presidential and congressional races suggest this is a blue region (with the exception of Virginia) but that is probably not true of the insurance community here or elsewhere. Purple, maybe; blue, doubtful. Blue voters can …
Delaware Valley Underwriting Agency Inc. (DVUA) is expanding into the New England area with the purchase of the assets of Zimmerman Specialty Insurance Brokerage Inc. of Natick, Mass., by its parent, PIC Holdings. Zimmerman Specialty is an excess and surplus …
Massachusetts Gov. Mitt Romney unveiled an ambitious proposal on Sunday for expanding health care coverage to 460,000 uninsured Massachusetts residents, while extending an invitation to Democrats to join in the effort. Romney laid out his “Commonwealth Care” plan in a …
The number of medical malpractice payments made by Massachusetts doctors peaked in 2001 and has begun to gradually decline, while the average size of those payments continues to soar, according to a new government report. From 1994 to 2001 the …
A multi-state settlement with UnumProvident Corp. over its disputed handling of disability claims would cost the firm more than $120 million to comply and require it to review more than seven years of claims. It also calls for $15 million …
It’s time for Massachusetts to face the facts about its old ways of tightly regulating private passenger auto insurance and create a modern day system, Massachusetts Insurance Commissioner Julianne Bowler told agents this week. She argued that government has for …
