Massachusetts News

Blogs Can Get Insurance Clients ‘SLAPP’ed

A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondo Investments). Hollo …

Tufts Health Plan to Enter Rhode Island Market

Tufts Health Plan will start insuring Rhode Island residents next year and compete against three existing insurers. Tufts President and CEO James Roosevelt Jr. said the Watertown, Mass.-based firm has been looking for opportunities to expand in neighboring Rhode Island. …

House Bill Would Extend Flood Insurance Program 7 Months

The troubled U.S. flood insurance program would be temporarily extended for seven months under legislation introduced in Congress Thursday, buying time for lawmakers to work out deep disagreements over reforming the debt-burdened program. The short-term extension would prevent the National …

Why Flood Policy Should Not Include Wind Coverage

Reuters reports that Representative Barney Frank (D – Mass.) has introduced a bill to extend the National Flood Insurance Program (NFIP) seven months beyond the scheduled September 30, 2008, expiration date to allow lawmakers to iron out “deep disagreements.” Adding …

Calif. Insurance Commissioner Considers 2010 Bid

California Insurance Commissioner Steve Poizner, a wealthy Silicon Valley entrepreneur with a centrist political style, took an initial step toward seeking the Republican nomination for governor in 2010. Poizner filed papers with the secretary of state’s office to form an …

Ward Named to Lead Iroquois Network Expansion in New England

The Iroquois Group network of independent property/ casualty insurance agencies is planning to grow in the six New England states. Matt Ward has been named to direct the New England expansion with an expanded management team. Ward has been with …

NYMAGIC Builds Surplus Lines Brokerage Network

NYMAGIC, Inc. reported that its MMO Agencies unit has begun to write new business through 10 offices of surplus lines agents in Florida, New York, New Jersey and Kentucky, and that it expects to add offices of surplus lines agents …

Massachusetts Launches Crackdown on Underage Drinking

State investigators found more than 56 people under the legal drinking age of 21 in possession of alcohol last weekend as part of an ongoing effort to crack down on underage drinking across the state. The Alcoholic Beverages Control Commission …

Wholesaler NIF Adds New Market for Property Risks in 14 States

Manhasset, New York-based NIF Property Solutions, a division of NIF Group, Inc., said it will act as the exclusive underwriter of a new product for property risks in 14 East and Gulf Coast states. The product is being offered in …

States Should Raise Driving Age, Says Insurance Safety Group

Taking aim at a longstanding rite of passage for 16-year-olds, an influential auto safety group is calling on states to raise the age for getting a driver’s license to 17 or even 18. Adrian Lund, president of the Insurance Institute …