Massachusetts News

Massachusetts Extends Deadline for Businesses to Encrypt Data

The Commonwealth of Massachusetts has extended by at least four months a deadline for businesses to electronically encrypt digital records of their customers’ personal information. The new regulations – which had been issued in September and scheduled to go into …

Liberty Mutual Agency Markets Appoints Northeast Management

Safeco Insurance and Peerless Insurance – Liberty Mutual Agency Markets companies – have announced key management appointments in personal and commercial lines operations for the Northeast Victor M. Pepin has been named vice president, Safeco Insurance, and Northeast regional general …

Massachusetts Settles with Big Dig Contractor for $21M

One of the Big Dig’s largest contractors, Modern Continental Construction Inc., will pay $21 million in damages related to a fatal tunnel ceiling collapse as well as the cost of fixing leaks in the massive highway project, the state Attorney …

States Rate Poorly on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in six states were found to be “excellent” in …

Washington Not Likely to Focus Much on P/C Agents in 2009

Insurance Commissioner Mike Kreidler, the 64-year-old Democrat, easily won his third term as Washington state insurance commissioner, defeating Republican John Adams, who owns a Seattle-based insurance brokerage firm 57 percent to 43 percent. Kreidler was always considered a likely winner. …

New Markets

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People

Gregory Habay, a New York-based reinsurance broker, has joined Collins as senior vice president. Habay most recently was a vice president and property/casualty reinsurance broker at Guy Carpenter & Co. in New York City. He also has worked in the …

Father of Patriots QB Brady Sued in Insurance Agency Case

A Massachusetts man has filed a federal lawsuit against the father of New England Patriots quarterback Tom Brady for allegedly failing to pay him about $600,000 in sales commissions and business expenses. Richard Vasquez, of Weston, claimed in a suit …

Business Moves

Warfield-Dorsey, HMS Insurance Two long-time Baltimore area insurance agencies have combined forces. Warfield-Dorsey Co., Inc. of Hunt Valley, Maryland, has merged with HMS Insurance Associates Inc., an independent agency in Lutherville. The merger was effective Oct. 1, 2008, according to …

It Figures

$13.5 Million Amount awarded by a Massachusetts jury to the family of Amy Altman, a 40-year-old woman who died in July 2003 after receiving experimental cancer drugs at the Dana-Farber Cancer Institute in Boston. The jury decided Altman’s death could …