A recent Massachusetts court ruling is casting doubt on future settlements between churches and alleged victims of clergy sex abuse. Hampden Superior Court Judge John Agostini last week upheld the state’s charitable immunity statute in a lawsuit filed by a …
While Massachusetts’ officials are overhauling their auto insurance residual market in hopes of attracting new insurers, it is becoming increasingly clear that the legislature will have to join the reform effort if those hopes are to be realized. Regulatory efforts …
Massachusetts Gov. Mitt Romney has signed into law a bill changing from January 1 to April 1 the date that annual private passenger auto insurance rates take effect. The measure had been backed by the Massachusetts Association of Insurance Agents …
The leading writer of auto insurance in Massachusetts says it opposes the changes to the state’s residual market not because it fears competition or dislikes the assigned risk plan but because it sees a liability exposure from the way the …
The Insurance Library Association of Boston occupies its building in the heart of the city where it has been for more than 100 years serving industry professionals and consumers. The Insurance Library Association of Boston, founded by industry leaders in …
Thomas Tierney William Brooks Heather Philbin The Vermont Mutual Insurance Group, based in Montpelier, has elected Thomas J. Tierney, currently president and chief executive officer of the group, to be chairman of the board. The election took place at the …
In testimony Friday before the Tennessee Department of Labor’s Medical Care and Cost Containment Committee, the American Insurance Association (AIA) endorsed a Medicare-based, objective fee schedule for provider reimbursement as the best way to ensure timely access to care for …
The U.S. Bankruptcy Court for the Southern District of New York has issued an order granting approval of a $500 million settlement of almost all Johns Manville Corp. asbestos-related suits pending against the Travelers property casualty subsidiaries of St Paul …
Massachusetts Gov. Mitt Romney on Tuesday signed into law the Commonwealth’s most far-reaching fire safety legislation since the Cocoanut Grove fire in 1942, strengthening the state’s laws to prevent tragedies like the 2003 Station nightclub fire in Rhode Island. “Sadly, …
If Massachusetts private passenger auto insurers get their way, the rates they charge drivers in this state will increase an average 5.8 percent next year. The Automobile Insurers Bureau of Massachusetts (AIB) has requested that amount — which tallies about …
