Massachusetts News

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Couriers Market Detail: RLI Transportation’s courier coverage for vans, pick-ups and straight trucks must have …

TimeWise: The Magic Time-Saving Box

A slender boy of 14 moves slowly across the room. His full head of long red hair bounces as he walks. His mind is racing. He sits at the oak table near the window of the vast room. On the …

Massachusetts Warns Car Dealers over Insurance Advice

Auto dealers in the Bay State must be careful of what they tell car-buyers about purchasing insurance, the Massachusetts Division of Insurance warns dealers in a newly issued bulletin. State law prohibits anyone without an insurance license from soliciting, negotiating …

West Virginia to Create Electronic Auto Insurance Verification System

West Virginia lawmakers want to give police and the courts an easy way to verify whether a driver has required liability insurance. The House has approved a measure previously backed by the Senate to instruct the Division of Motor Vehicles …

As Weather Warms, Property Owners Urged to Buy Flood Insurance

Having flood insurance will be increasingly important this year as spring rain combines in many parts of the U.S. with the melting of record snowfall, according to the Insurance Information Institute. “Many states on the Atlantic seaboard were hit with …

Losses From Latest East Coast Snow Storm Pegged at up to $300M

Boston-based risk modeling firm AIR Worldwide estimated that the insured losses from the winter storm that struck the East Coast between February 23 and 28 will be between $150 million and $350 million. Total Insured losses from two prior storms …

IRS, States Target Employers’ Use of Independent Contractors

The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has learned. The practice costs governments billions …

Insurance Agents Fined for Not Having Written Security Plans

Recent headlines underscore the importance of agents having written security plans to protect the privacy of their clients’ personal information. In the first case, the Virginia Bureau of Insurance fined an agent $1,000 in September for not having a written …

IRS, States Target Employer Abuse of Classification of Independent Contractors

The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has learned. The practice costs governments billions …

People

Lockton Dunning Benefits appointed Sheri Pixley to the newly created position of executive vice president and practice leader of the Dallas-based health and welfare practice. Pixley has been involved in consulting with employers on employee benefit programs for the past …