Massachusetts News

Mass. Court Upholds Bowler’s 2004 Auto Rates

Massachusetts Insurance Commisioner Julianne Bowler’s decision setting private passenger auto insurance rates for 2004 has been upheld by the state Supreme Judicial Court. A minor portion dealing with premiums for optional bodily injury coverage was remanded, however, for possible further …

Fla. AG Issues Subpoenas to 11 Insurers

Florida Attorney General Charlie Crist on Tuesday issued subpoenas to 11 insurance companies as part of an ongoing investigation into the business practices of the insurance industry. The subpoenas seek documents and records that involve questionable fee arrangements and possible …

C. J. McCarthy in Mass. Changes Name to HUB International New England

C. J. McCarthy Insurance Agency, Inc., a subsidiary of Hub International Limited (NYSE & TSX: HBG) in Wilmington, Mass., has changed its name to HUB International New England, LLC. The name change is a result of a corporate-wide branding effort …

Mass. AG Targets Health Insurance Brokers’ Pay

The Massachusetts attorney general’s office is scrutinizing the practice of health insurers offering lucrative commissions to brokers who are supposed to lock in the best deals for employers. Insurers have for years paid cash bonuses, sometimes valued in the hundreds …

AIG Private Client Group Unveils Flood Coverage for Homeowner Policies in Several States

AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), announced the beginning of a national roll-out that adds flood coverage to eligible homeowners policies.(a) The first states in which the …

Mass. Big Dig Springs Big Leaks; Hunt Commences to Pin Blame for Allegedly Faulty Construction

Massachusetts Attorney General Thomas F. Reilly said his office wants to know whether water accumulating on the underground roof of the Big Dig tunnels could damage the $14.6 billion roadway project, and who should be blamed for more than 400 …

Mass. Insurance Agents Prepare for Big Event

Massachusetts insurance agents are set to convene beginning this weekend for the Big Event, the annual convention and trade fair of the Massachusetts Association of Insurance Agents. The event runs Nov. 13 through Nov. 16 at the Marriott Hotel in …

Harvard Pilgrim, Guardian Team Up on Dental in Mass.

Harvard Pilgrim Health Care and The Guardian Life Insurance Company of America (Guardian) have formed a strategic marketing alliance in Massachusetts, effective November 1, 2004. As a result, Massachusetts-based employers will be eligible for discounted Guardian dental coverage products when …

Mass. Insurance Chief Eyes Northeast Cat Fund

Part of the coastal property insurance solution for Cape Cod and other seaside communities in Massachusetts could lie beyond the state’s own borders. Massachusetts Insurance Commissioner Julianne Bowler, in remarks in an exclusive interview in the Nov. 8 edition of …

Safety Group Seeks Tire Expiration Date

Citing dozens of fatal crashes linked to older tires with little wear and tear, a consumer safety group is asking the federal government to require “born-on” dates for car and truck tires. SRS Inc., a Massachusetts auto-safety research firm, sent …