Massachusetts News

MASS. BIKERS LOSE AUTO CASE:

Motorcycle drivers upset with the way insurance rates are set in Massachusetts lost a court bid to force the state to reconsider the fairness of its rating system. The Supreme Judicial Court dismissed the complaint by the Motorcycle Association of …

Newest E&S Broker Keating at Home in New England

I always wanted to return here,” Jim Keating says. “Here” is the Northeast, more specifically Atlantic Avenue in Boston, overlooking Boston harbor, where Keating has set up shop as The Keating Group to become the region’s newest excess and surplus …

Mass. Commercial Lines Deregulation

Massachusetts has a new law that partially deregulates rates and forms for certain eligible larger commercial risks. HB 1700 permits commercial accounts with more than $30,000 in premium that also meet several other criteria to choose to be exempt from …

Homeowners Coverage

Nuts & Bolts: The Hartford Financial Service Group Inc. introduced a homeowners’ insurance program designed to meet the changing coverage needs of families over their lifetime. Highlights of The Hartford’s new homeowners plan are: broadened eligibility, including homeowners with no …

Homeowners Coverage

Nuts & Bolts: The Hartford Financial Service Group Inc. introduced a homeowners’ insurance program designed to meet the changing coverage needs of families over their lifetime. Highlights of The Hartford’s new homeowners plan are: broadened eligibility, including homeowners with no …

People and Places

Sidney Ferenc Sidney R. Ferenc and Steven M. Menzies were recently elected to new management positions by the board of directors of Applied Underwriters, headquartered in San Francisco. Ferenc assumes the position of chairman of the board, while continuing in …

At NAMIC, The Door’s Wide Open to Companies of All Sizes

Chairman Tim Hegarty Explains How His Trade Group Serves Big and Small Alike What happens when you put giants like State Farm, AIG, Nationwide and Liberty Mutual in a room with tiny farm mutuals like Husbandsmans Mutual, Lumber Mutual and …

Passing in the Slow Lane

A number of years ago, very good friends of mine rallied their neighbors in an effort to improve their elementary school. With two young children of their own, they had a vested interest in a better school. But they and …

R.I.’s Beacon Mutual to Expand into Other States for Workers’ Comp

Beacon Mutual Insurance Co., Rhode Island’s largest workers’ compensation insurance writer that was formed in 1990 as a state fund, is taking steps to write coverage outside of the state. The Warwick company has put up $20 million to license …

Mass. Seeks to Shake Image as Regulatory Outcast

Massachusetts officials, moving deliberately to change the image of the state as a regulatory nightmare for insurance companies and to re-make its systems to look more like those found elsewhere, are making progress even as they hit some bumps along …