Insurance Services Office Inc. (ISO) has introduced a personal auto rating program carriers can use to tailor the cost of insurance for bodily injury and property damage liability and no-fault/medical payments coverage based on a car’s make and model. This …
Editor’s note: Proceedings against Dr. Deidre Callanan of Holyoke have been dropped since this story first ran. The Massachusetts Board of Chiropractors has initiated separate disciplinary proceedings against five chiropractors for allegations of insurance fraud. Each chiropractor has been given …
The state insurance regulatory system hurts consumers because it is clogged with so much red tape, inefficiency and unnecessary rules, the American Insurance Association (AIA) said at a House subcommittee hearing . Testifying for AIA, Roger M. Singer of OneBeacon …
A former director of the State Rating Bureau (SRB) within the Massachusetts Division of Insurance and frequent critic of the industry and its regulators has signed on to be executive director at the Center for Insurance Research (CIR), a watchdog …
The cost of auto insurance is expected to rise by 3.5 percent in 2004, the smallest increase in four years, according to the Insurance Information Institute (I.I.I.). The declining number of auto accidents due to better drivers and safer cars …
A 10-month study by researchers at the Isenberg School of Management at the University of Massachusetts Amherst finds that federal action is needed to prompt needed improvements in the regulation of the life insurance industry. The study, “Consumer Ramifications of …
RGL – Forensic Accountants & Consultants, a forensic accounting firm, announced the opening of the firm’s newest offices in Boston and Las Vegas. Including these offices, RGL has opened seven new offices throughout the world – five in the U.S., …
Manulife Financial Corp. made its case for acquiring John Hancock Financial Services on Wednesday at a hearing before State Insurance Commissioner Julianne M. Bowler. Shareholders of John Hancock have already approved the merger with Toronto-based Manulife, but it must also …
A Hyannis, Massachusetts 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, 39, of Hyannis, was found guilty recently on one …
In response to the recent Labor Department job report reportedly showing little change in the employment rate, the American Society of Safety Engineers (ASSE) suggests businesses invest now in workplace safety, as part of their business strategy, to decrease injuries …
