The Claims Journal reported this week that Actor Tom Hanks and his wife, Rita Wilson have filed suit against their former insurance broker for an unspecified amount of damages. The website TMZ was the first to pick up on the story, stating that the J. B. Goldman Insurance Agency had been the couple’s insurance agent […]
mass insurance news
Auto Repair Bill Supporters Claim Growing Ranks, Public Backing
The Right to Repair Coalition says that the fight in now swinging in their favor.
Proposed Amendment to Performance Standards for Payment & Handling of Private Passenger Motor Vehicle Claims
On Tuesday, March 8, 2011 at 10:00 a.m., the Massachusetts Division of Insurance will hold a hearing regarding the proposed amendments to the Performance Standards for the Handling and Payment of Private Passenger Claims by Servicing Carriers. Commonwealth Automobile Reinsurers or CAR adopted these standards on November 3, 2010. Pursuant to Massachusetts Insurance Law, the […]
Proposed $65 Million Rate Hike in Workers Compensation Insurance Blocked
In a joint effort announced today, the Attorney General for Massachusetts, Martha Coakley and the State Rating Bureau of the Massachusetts Division of Insurance, announced that they have brokered an agreement with insurers in the Commonwealth to ensure that worker’s compensation rates will remain flat until at least September 2012. The Workers’ Compensation Rating and […]
Massachusetts Attorney General Opposes Progressive’s Rate Hike Proposal for Commercial Vehicles
The Attorney General of Massachusetts, Martha Coakley, has made it clear that her office is opposing Progressive Insurance Company’s rate increase of 23.5% for its commercial auto insurance in the Commonwealth. In a letter sent to the Massachusetts Division of Insurance, Attorney General Coakley asked that agency to reject the Progressive Insurance Company’s planned rate […]