A leak from a liquefied natural gas tanker in Boston Harbor could catch fire and even explode, threatening people three-quarters of a mile away, according to a new government report. The report commissioned by the Federal Energy Regulatory Commission also …
The Tennessee General Assembly recently gave final approval to workers’ compensation legislation that seeks to address rising costs. SB 3424, introduced at the request of Gov. Phil Bredesen (D), reportedly represents long-needed reform. For example: • One of the major …
As the nation’s population ages, states are looking for ways to weed out people who shouldn’t drive. Half the states have passed some form of elderly driver restrictions, usually laws that require older motorists to renew licenses more often and …
Alan Crater Cynthia Young The Citizens and Hanover Insurance Companies announced that Alan Crater has been named regional president of their downstate New York and New Jersey commercial lines divisions and Cynthia H. Young has been named president of the …
As anticipated in an earlier report by Insurance Journal, an arm of the Massachusetts insurance department has come up with a plan to replace the state’s current safe driver insurance plan with a new one by 2006 and amend the …
As expected, last week the governing committee of the high risk auto reinsurance facility in Massachusetts approved rules guiding the pool’s changeover to an assigned risk plan. Commonwealth Auto Reinsurers, known as CAR, sent the rule changes to Massachusetts Insurance …
Pilgrim Insurance Company, a business process outsourcing firm in Boston, last week sponsored a timely seminar to promote awareness of auto reform and methods for managing high risk business in Massachusetts. Industry speakers Beth Sprinkel, senior vice president of the …
A plan to convert the state’s high risk auto reinsurance facility in Massachusetts to an assigned risk plan (ARP) was approved by the industry officials running the current plan at a special meeting on March 20. One quick result could …
A former Malden, Massachusetts man who pleaded guilty in a fraud scheme involving a temporary employment agency has been sentenced to more than two years in prison and must forfeit more than $700,000. Tan Ngo, 47, also known as Bike …
A Massachusetts budget amendment to explore the designation of a third party administrator (TPA) to manage part of the state’s workers’ compensation assigned risk pool could compromise the services received by injured workers, according to an industry trade association. “In …
