Massachusetts News

Wis. Comp Costs Rose 11%, Still Low in Comparison

The average medical payment per claim to injured workers in Wisconsin continued to grow at a double-digit rate, according to a new study by the Workers Compensation Research Institute (WCRI). The study of 12 states representing more than 50 percent …

Mass. Jury Faults Doctor in HMO Death Suit

A jury awarded $1 million to the family of a man whose stomach cancer was overlooked by a Norwood doctor in a malpractice case that lawyers say exposes physicians’ incentives to limit care to HMO patients. Kimiyoshi Matsuyama of Sharon, …

GreenWood International Promotes Pair

GreenWood International Insurance Services (GWI), a provider of medical stop loss, group personal accident and occupational accident insurance coverage to employers, announced the promotion of Joseph Sullivan from senior vice president to executive vice president. In addition, GWI announced the …

Summer in the City: Unconventional Insurance and Olympian Security in Age of Terrorism Risk

A little more than a year ago, Britain’s Prince William celebrated his 21st birthday with a costume party at Windsor Castle. While William was addressing the partying crowd, a stranger wearing a black beard, white turban and pink dress and …

N.Y.’s Marshall & Sterling Joins RiskProNet Network

Marshall & Sterling, Inc., one of New York’s largest regional insurance firms, has joined RiskProNet International, Inc., a network of 29 independent brokers across the United States and Canada. Founded in Poughkeepsie in 1864, Marshall & Sterling today has 15 …

Bank Holding Companies’ Agency Fee Income Rises to $8.4 Billion in 2003

Bank holding companies (BHCs) earned a record $8.36 billion in insurance agency commissions and fee income in 2003, according to Michael White’s Bank Holding Company Insurance & Investment Fee Income Report (BHC-FIR), published by Michael White Associates LLC (MWA). Compiled …

Unlucky 13th Hole

Redesign after Windstorm Fells Famed Tree Ruled Out of Bounds If a tree falls on a golf course, will an insurance company hear the claim? Not if the claim is that the demise of the tree changes the character of …

Harvard Pilgrim, UnitedHealth to Merge Networks

Harvard Pilgrim Health Care and UnitedHealth Group said they will combine Harvard’s regional network of doctors and hospitals with UnitedHealth’s national network in a partnership aimed at national, self-insured employers. Combining Harvard Pilgrim’s network of 22,000 doctors and 130 hospitals …

Summer in the City: Terrorism, Political Conventions and the Olympics

A little more than a year ago, Britain’s Prince William celebrated his birthday with a costume party at Windsor Castle. While William was addressing the partying crowd, a stranger wearing a black beard, white turban and pink dress and looking …

MASSACHUSETTS MEDICAL COSTS STAY LOW:

The average medical payment per claim for the care of injured workers in Massachusetts rose 13 percent in the most recent period but still remained the lowest of the 12 states analyzed in a study by the Cambridge-based Workers Compensation …