Massachusetts News

Massachusetts Court: No Workers’ Comp for Custodian’s 1999 Injury

A church custodian who was injured in a ladder fall, but waited nearly five years to file a workers’ comp claim is barred from collecting benefits, a Massachusetts Appeals Court has ruled. The employee in this case, James Sullivan, was …

Declarations

No Warren Buffett “The heart and soul of what insurance companies should be is underwriting companies. I mean, I tell people there’s only one Warren Buffett, and I’m not him.” —Fred Eppinger, CEO of Worcester, Mass.-based The Hanover Insurance Group, …

New Jersey Court Reverses $260K Award to Family of Student

Fairleigh Dickinson University does not have to pay a $260,000 award to the family of a student who died after drinking heavily and falling from a dorm window four years ago, an appeals court has ruled. Keith Orzech, a 21-year-old …

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. Not only could a breach of clients’ personal information devastate an agency’s reputation; it is likely to result in the …

Report: Deregulation Made Massachusetts Auto Insurance Market Worse

The deregulation of the Massachusetts auto insurance market has driven up prices, boosted insurer profits, reduced consumer protections and generally created confusion in the marketplace, according to a new report by the state’s attorney general. The report comes roughly two …

Declarations

No Warren Buffett “The heart and soul of what insurance companies should be is underwriting companies. I mean, I tell people there’s only one Warren Buffett, and I’m not him.” —Fred Eppinger, CEO of Worcester, Mass.-based The Hanover Insurance Group, …

Health Insurers Seek Tax, Profit Changes in Health Reform Bill

Health insurance lobbyists are pushing lawmakers to eliminate caps on profits and other administrative spending and delay a hefty, industry-wide tax under the massive healthcare reform legislation being finalized in Congress. Health insurers, which include companies such as Aetna Inc., …

Mass FAIR Plans Drops Rates

The Massachusetts Property Insurance Underwriting Association (FAIR Plan) will lower insurance premiums by an average of 0.72 percent, the Attorney General’s office said. The FAIR Plan had originally proposed increasing homeowners’ insurance rates by an average of 2.2 percent. That …

Man Arrested in Massachusetts Arson Spree

Authorities have made an arrest in connection with a fire in Northampton, Massachusetts that claimed the life of an elderly man and his son. District Attorney Elizabeth Scheibel said in a statement that 25-year-old Anthony P. Baye was arrested at …

New Jersey Court Reverses $260K Award to Family of Student

Fairleigh Dickinson University does not have to pay a $260,000 award to the family of a student who died after drinking heavily and falling from a dorm window four years ago, an appeals court ruled Tuesday. Keith Orzech, a 21-year-old …