Massachusetts News

People and Places

Vincent Donnelly PMA Capital Corp. has appointed Vincent T. Donnelly as its new president and chief executive officer. He has headed the PMA Insurance Group as its president for the last seven years and will retain that position. Donnelly brings …

Clergy Sex Abuse Scandal Raises Insurance Costs for Youth Programs

Kay Johnson’s western Massachusetts Big Brothers Big Sisters agency has never been hit with a claim of child sexual abuse. Yet its cost for insurance to cover such claims has more than tripled in the past year, forcing Johnson to …

Unwillingness of Insurers to Go Near Water Causes Cape Cod HO Crisis

The homes are among the most desirable on the East Coast. Their wealthy owners have maintenance staffs and landscapers to keep the properties in shape. They install the latest fire prevention and security features and, as one agent says, they …

Rhode Island Nightclub Fire Sparked Debate, But Few Big Safety Changes

Fire marshals across the nation scurried to review inspections of nightclubs after sparks from a rock band’s pyrotechnics set fire to a Rhode Island club, killing 100 people and injuring scores of others a year ago. At least 15 states …

MASS. EYES COMMERCIAL AUTO:

While most attention has been focused on reforming this state’s private passenger auto insurance residual market, progress is slowly being made in another area agents say is critical: the commercial auto residual market. By Jan. 1, 2005, agents and some …

Tort Reformers Look to Score in States after Washington Strikes Out

Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship with torts, but they did …

Agents’ E&O: Crisis or Not’

As an agent or broker, it can be frustrating to reveal an exorbitant price tag on a premium for a client. No one likes to hear that their insurance coverage is difficult to obtain, and if that, at a high …

Agents’ E&O: Crisis or Not’

As an agent or broker, it can be frustrating to reveal an exorbitant price tag on a premium for a client. No one likes to hear that their insurance coverage is difficult to obtain, and if that, at a high …

Terrorism Tops List of Concerns for Workers’ Comp Professionals

Industry executives in the workers’ compensation field from across the nation gathered in Las Vegas Feb. 5-6 for the 5th Annual AMCOMP (American Society of Workers’ Comp Professionals Inc.) Meeting & Conference. The two-day conference featured several panels and seminars, …

PCI, AIA Oppose Mass. Bill Requiring Insurers to Report to Tax Authorities

The Property Casualty Insurers Association of America and the American Insurance Association have both gone on record as opposed to a bill being considered by the Joint Committee on Taxation that places insurers in the awkward position of assisting the …