Massachusetts News

Horace Mann Reports Slight Increase in

Horace Mann Educators Corporation of Springfield, Ill., a provider of a variety of insurance products to educators, reported operating income of $13.9 million, for the first quarter ended March 31, 2002, slightly higher than the $13.7 million in operating income …

Study Finds Conn. Workers Comp Costs Among the Highest

A new study by the Workers Compensation Research Institute (WCRI) reported that the average prices for medical services to injured workers in Connecticut are among the highest of the eight states analyzed. The study examined eight states which account for …

PIA Applauds Oxley Letter to Treasury Secretary Objecting to OCC Actions on Preemptions

The National Association of Professional Insurance Agents is applauding a letter sent by House Financial Services Committee Chairman Michael G. Oxley (R-Ohio) to Treasury Secretary Paul O’Neill that asks O’Neill to change the way the Office of the Comptroller of …

Study Finds Mass Still Has Lowest Workers’

A new study by the Workers Compensation Research Institute (WCRI) found that, despite the fact that the average cost per claim for the medical care of injured workers in Massachusetts has risen “significantly in recent years, ” the state is …

ICAC Distributes Tool to help Firefighters

A new tool to help save firefighters lives by reducing arson in vacant buildings was distributed by the Insurance Committee for Arson Control at a dinner to honor fire service personnel recently in Washington, D.C. attended by President Bush. The …

Study Finds Penn. Workers’ Comp Gives More Services for Less Cost

A new study by the Workers Compensation Research Institute (WCRI) found that lower than average prices for medical services in Pennsylvania’s workers’ compensation system offset the higher utilization of medical services, keeping system costs down. “The result is that the …

Arthur J. Gallagher Acquires NiiS/Apex Group

Arthur J. Gallagher & Co. announced the acquisition of NiiS/Apex Group Holdings, Inc. headquartered in Salem, Massachusetts. Terms of the transaction were not disclosed. The bulletin noted that “NiiS/Apex provides claims management and auditing, actuarial and employee benefits consulting and …

Wis. Workers’ Comp Payments Rose Consistently in Recent Years

A new study by the Workers Compensation Research Institute (WCRI) shows that the average medical payment paid to injured workers in Wisconsin under the state’s workers’ compensation system rose consistently in recent years largely as the result of increased prices …

Farm and Ranch Package

Nuts & Bolts: American Reliable Insurance Company has available a program for farm and ranch. General agency or direct retail agent appointments. Also write excess policy and farm administrative certificate policy. Endorsements — Equine, CCC, Business Pursuit, First Party Milk …

Mike Oxley Says “Vibes” Are Good for Terrorism Backup

WASHINGTON, D.C.—The chairman of the powerful House Financial Services Committee said here April 11 that he likes the chances for eventual passage of a federal government backup for terrorism insurance. Rep. Mike Oxley (R-Ohio) reminded the annual Legislative Conference of …