February 23, 2004
Massachusetts’s auto insurance agents are being told that their participation in a new cost study could determine what they will see for future commissions on their auto business. The Massachusetts Association of Insurance Agents (MAIA) is stressing the need for …
February 23, 2004
New Jersey has become the fifth state to recognize same-sex partnerships. Under the new law, domestic partners will gain access to medical benefits, insurance and other legal rights. New Jersey also will recognize such partnerships granted in other states. The …
February 23, 2004
The Property Casualty Insurers Association of America reported that residual market plans for private passenger auto insurance continue to result in significant losses. The private passenger auto residual market increased from 1.5 percent of premiums nationwide in 2000 to 1.8 …
February 23, 2004
According to the U.S. Attorney’s Office in Boston, Anthony Snow of Dorchester, Mass., entered a guilty plea before U.S. District Judge Patti B. Saris to charges involving six counts of mail fraud and three counts of wire fraud. He was …
February 23, 2004
Nuts & Bolts: Travelers Property Casualty Corp. is offering a new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or use as an …
February 23, 2004
Nuts & Bolts: Arrowhead Managed Insurance Programs is offering a new market for general contractors liability Dollars: Minimum deductible SIR of $10,000. Minimum premium, $50,000, policy limits: $2 million to $5 million. Carrier: American Safety Indemnity Company, rated “A 7.” …
February 23, 2004
A new report by the Property Casualty Insurers Association of America (PCI) shows that residual market plans for private passenger auto insurance continue to result in significant losses for insurance companies. All states and the District of Columbia have systems …
February 11, 2004
Allmerica Financial Corporation, of Worcester, Mass., announced that Joseph R. Ramrath has been appointed to the company’s Board of Directors, effective immediately. He is a managing director of Colchester Partners LLC, an investment banking and strategic advisory firm located in …
February 9, 2004
He came to Washington, D.C., with a background steeped in medicine. U.S. Senate Majority Leader and Tennessee Republican Bill Frist has known first-hand the impact of the nation’s medical malpractice crisis and how it can paralyze the entire business sector, …
February 9, 2004
He came to Washington, D.C., with a background steeped in medicine. U.S. Senate Majority Leader and Tennessee Republican Bill Frist has known first-hand the impact of the nation’s medical malpractice crisis and how it can paralyze the entire business sector, …