Mass. officials discuss AI regulation, workforce risks, and a “walled-off” enterprise ChatGPT system as lawmakers weigh guardrails and adoption challenges.
Main Content
Latest News
Nominations Now Open for The Insurance Library’s 2026 Insurance Professional of the Year Award
Nominations for the 2026 Insurance Professional of the Year Award are open through May 22. Submit online to recognize excellence in the insurance industry.
The 2026 Atlantic Hurricane Season Begins on June 1st
National Hurricane Preparedness Week runs May 3–9. Triple-I and AccuWeather forecast a slightly below-average 2026 season.
Record Q1 Results: The Hanover’s Combined Ratio Improves to 91.7%
Hanover Q1 2026 results: Operating income $5.25/share, combined ratio 91.7%, pricing exceeds loss trends, and underwriting improves across all segments.
Court Rules: ‘Regardless of Whether’ In Exclusion Creates Ambiguity
A Massachusetts Federal court finds insurer must defend Vineyard hangar operator after $1.45M propeller damage claim.
Healey Wants Speed Framework to Regulate E-bikes, Scooters
Gov. Healey proposes first-in-the-nation speed-based framework to regulate e-bikes, scooters, and mopeds, enhancing safety and accountability.
EMPLOYERS Launches Workers’ Compensation Quoting App in ChatGPT Directory
EMPLOYERS launches a ChatGPT app for workers’ comp quoting, enabling real-time premium estimates through a conversational AI interface.
Insurance Coverage Cases
Court Rules: ‘Regardless of Whether’ In Exclusion Creates Ambiguity
A Massachusetts Federal court finds insurer must defend Vineyard hangar operator after $1.45M propeller damage claim.
When Limited Market Access Meets Surplus Lines: An E&O Problem
Massachusetts producers face E&O risk when surplus lines placements lack documented diligent effort. A breakdown of BR-7, §168, and defensible file practices.
Insurance Fraud
Texas Agency Agrees To Pay $5 Million In Restitution and Costs
A Texas-based health agency barred from Massachusetts and will pay $5M over three years for misleading consumers on health insurance coverage .
Verisk AI Study Finds Many Would Alter Image For Insurance Claim
A Verisk study finds AI-driven insurance fraud is increasing, with more consumers willing to manipulate claims and insurers struggling to detect altered documents and deepfakes.
Ratings & Results
Record Q1 Results: The Hanover’s Combined Ratio Improves to 91.7%
Vermont Mutual Annual Meeting Shows Strong Results
US Property/Casualty Rating Affirmations Rose in 2025
Liberty Mutual Reports $6.8 Billion in 2025 Net Income as Combined Ratio Improves
AM Best Revises Outlook to Positive for Plymouth Rock Assurance Group
Q4 2025 Showed Very Soft Market Conditions, According to The Council’s P/C Market Survey
Economic & Legislative News in Massachusetts
AI Pace Raises Risk, Reward, Regulation Questions
Mass. officials discuss AI regulation, workforce risks, and a “walled-off” enterprise ChatGPT system as lawmakers weigh guardrails and adoption challenges.
Healey Wants Speed Framework to Regulate E-bikes, Scooters
Gov. Healey proposes first-in-the-nation speed-based framework to regulate e-bikes, scooters, and mopeds, enhancing safety and accountability.
Healey Expands Homebuyer Assistance with No-Interest Loans
Massachusetts expands homebuyer aid to $25K at 0% interest. Program targets first-time buyers and aims to double annual participants.
Tax Cut Impacts Could Flow to Charitable Giving, Small Businesses
Massachusetts tax cut ballot could eliminate charitable deduction and raise S corp taxes, Healey administration says.
Mass. Jobs up in March but Down Over Past Year
Massachusetts added 6,800 jobs in March after February losses. Unemployment fell to 4.7% as labor force participation declined.
Healey offers $305M response to stiffer global competition
Maura Healey proposes a $305M economic development bill to cut startup fees, expand tax credits, and attract investment to Massachusetts.
Company Newswire
‘Officially Amazing’: FM Earns a Guinness World Records Title for Largest Display of Fire Sprinklers
FM Global earns Guinness World Record for the world’s largest fire sprinkler display at its Rhode Island Research Campus, highlighting fire protection legacy.
American Family Insurance Launches New Branded Reality Series “Designed to Last”
American Family Insurance debuts “Designed To Last,” a Hulu reality competition exploring home resilience against extreme environmental hazards.
Progressive Insurance® Expands UpPayment® to Help 200 First-Time Homebuyers Get Into a Home
Progressive’s UpPayment program offers up to $13,500 in down payment assistance to help first-time homebuyers overcome barriers and secure a home.
Rhode Island’s Amica Celebrates 2025 Philanthropic Impact
Rhode Island Auto Insurer Highlights Nearly $6.5M in Support for Mission-Driven Nonprofits
