Legislation approved by the U.S. Senate would set up a confidential, voluntary reporting system under which doctors and hospitals could disclose information on medical errors without fear of legal repercussions. Sponsors of the legislation, led by Sen. James Jeffords, I-Vt., …
Los Angeles-based David Morse & Associates celebrates its 25th anniversary July 27. After its start in 1979 the company grew to become the largest independent adjusting firm in California, with 19 field offices in the state. From there DM&A continued …
The Massachusetts high risk plan currently in the throes of changing from a reinsurance plan to an assigned risk plan now has five new governing committee members. Massachusetts Insurance Commissioner Julianne Bowler has named three carrier representatives and two producer …
The Commerce Group, Inc. (NYSE:CGI) of Webster, Mass. today reported 2004 second quarter net earnings were $37.4 million, or $1.14 per diluted share, compared to net earnings of $71.5 million or $2.22 per diluted share for 2003. During the second …
A parade of industry representatives urged Massachusetts Insurance Commissioner Julianne Bowler to approve rules to transform the state’s auto insurance high risk plan into an assigned risk model, but consumer groups and the state’s leading insurer warned her against making …
The Massachusetts Legislature has approved legislation that insurance agents hope will help eliminate confusion in auto insurance billing. The Massachusetts Senate on Wednesday joined the House in approving House Bill 4675, which would change the effective date for auto insurance …
Massachusetts Insurance Commissioner Julianne Bowler has scheduled a public hearing for July 22 to hear testimony on proposed rule changes to the state’s high risk auto facility. The changes were approved by Commonwealth Auto Reinsurers (CAR), the current high risk …
Ease of doing business with carriers is critical to the productivity—and profitability—of independent insurance agents, says an industry survey. In a recently completed second annual survey, agents reported that “overall ease of doing business is a critically important factor in …
The average medical payment per claim for the care of injured workers in Massachusetts rose 13 percent in the most recent period studied, according to a new report by the Cambridge-based Workers Compensation Research Institute (WCRI). In spite of the …
More states urgently need to pass targeted laws to bust widespread staged-accident rings and swindlers who sell fake commercial insurance around the U.S., the Coalition Against Insurance Fraud told state lawmakers at the recent National Conference of Insurance Legislators’ meeting. …
