Massachusetts News

Mass. Gov. Romney Vows Action on Auto Market

Massachusetts Governor Mitt Romney renewed his call for reform of the state’s auto insurance system yesterday and vowed to introduce a plan to introduce competitive rating and modify the subsidies good drivers now pay. Romney said his plan would include …

People and Places

Grace Marrano The Protector Group Insurance Agency of Worcester, Mass., has three new additions to its management staff. Grace H. Marrano is the new employee benefits manager. She is responsible for managing employee benefits account managers, as well as policies …

MASS. ATTORNEYS RATE WC JUDGES:

A recent Massachusetts Bar Association survey found an overall high approval rating of judges in the Massachusetts Department of Industrial Accidents (DIA), yet the same report cites need for improvement, most notably in some judges’ biases in reaching their decisions. …

Coastal Options: Residual Market Not the Only Way to Weather the Storm

IIABA Close to Announcing New Nationwide High Risk Homeowners Program Independent agents with coastal properties, there may be a life preserver thrown your way soon. The Independent Insurance Agents and Brokers of America (IIABA) is hoping to close a deal …

Mass. Laborer Caught in Comp Fraud

A Hyannis man has been found guilty and sentenced to jail for working as a laborer while collecting $7,000 in workers’ compensation benefits, Attorney General Tom Reilly announced. Mark Gomes of Hyannis, was found guilty on one count of workers’ …

Rhode Islander Indicted by Mass.

A Rhode Island man has been indicted on charges he allegedly worked as a used car broker while claiming to be injured and collecting $160,000 in total disability benefits, according to Mass. Attorney General Tom Reilly. Thomas Fratantuono Sr., of …

How Healthy is the Mass. Auto Market’

In a state where independent agents write 80 percent of private passenger auto insurance, agents are worried about attracting more capital. While thinking about this question, consider the following facts: only 19 companies write private passenger auto insurance in the …

Terrorism Tops List of Concerns for Workers’ Comp Professionals

Industry executives in the workers’ compensation field from across the nation gathered in Las Vegas recently for the 5th Annual AMCOMP (American Society of Workers’ Comp Professionals Inc.) Meeting & Conference. The two-day conference featured several panels and seminars, covering …

OneBeacon Expands Auto Product for Maine Drivers

The family with a car each for dad, mom, the college sophomore and the high-school senior. The tenant in apartment 2B who’s never had a ticket or an accident in 20 years of driving. The distracted shopper who backed into …

PCI Study Examines State Residual Auto Markets

The Property Casualty Insurers Association of America has released its analysis of “residual auto market populations” and has found a connection between such assigned risk plans and state rating laws. The study determined that these “markets of last resort” are …