A former Massachusetts insurance agent was indicted on attempted murder and related charges after previously pleading guilty to insurance fraud.
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Travelers Introduces Proprietary AI Model Tailored to Its Property-Casualty Business
Travelers introduced TravelersLLM, a proprietary AI model trained on millions of company documents to improve underwriting, research, and enterprise productivity.
Dismissed—For Now: USI Has 21 Days To Allege Concrete Facts in Producer Poaching Dispute
A Mass. BLS judge dismissed USI’s tort claims against Alera, finding the complaint lacked sufficient factual allegations.
Ivans: Commercial Renewal Rate Increases Moderated in Q2-2026
The Q2 2026 Ivans Index found commercial insurance renewal rate increases moderated across most major lines, while Workers’ Compensation remained negative.
Poll: Voters Want Guardrails on Large AI Companies
A new MassINC poll found strong voter support for Massachusetts AI safety regulations as the Senate considers legislation governing frontier AI developers.
AM Best Revises Safety Insurance Outlook to Negative, Affirms Ratings
AM Best revised its outlook on Safety Insurance Group to negative while affirming the insurer’s financial strength and issuer credit ratings.
Chubb Survey Finds Many Young Affluent Collectors Uninsured Despite Investment Focus
A Chubb survey found many younger affluent collectors buy luxury items as investments but mistakenly rely on homeowners insurance instead of valuables coverage.
New “Blue Star” License Plate Coming for Families of Fallen Officers
Massachusetts will offer a Blue Star Families license plate honoring the families of law enforcement officers killed in the line of duty.
Insurance Coverage Cases
Appeals Court Redefines “Contractual Relationship” Under Public Bond Statute
Mass. Appeals Court rules third-party beneficiary rights create a “contractual relationship,” avoiding Section 29’s 65-day bond notice requirement.
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.
Insurance Fraud
Grand Jury Indicts In $585K Workers’ Comp Fraud Scheme
Roof Kings owner Craig Galligan and his company were indicted on workers’ compensation fraud charges alleging nearly $585,000 in unpaid insurance premiums
Contractor Indicted For Comp Fraud On Sub Misreps
A Milford contractor was indicted on workers’ comp. insurance fraud charges on allegations that roofing work was misclassified to reduce insurance premiums.
Ratings & Results
AM Best Revises Safety Insurance Outlook to Negative, Affirms Ratings
Best’s Special Report: Personal Auto and Homeowners Markets’ Stabilization Evident Despite a Decline in Approved Rate Changes
AM Best Downgrades Arrow Mutual Liability Insurance Company Ratings
Liberty Mutual Posts $2 Billion Quarter as It Shifts from Defense to Growth
$14.3M Q1 Loss For Safety: Back-To-Back Storms’ 1600 Claims Cost $42.7M
Record Q1 Results: The Hanover’s Combined Ratio Improves to 91.7%
New England Newswire
Vermont Mutual To Reorganize As Mutual Holding Company
Lemonade Launches Renters Insurance in Vermont With Rates Starting at $5 Per Month
New Hampshire Insurance Department Monitoring NAIC Security Incident
Connecticut Named Captive Domicile of the Year at Captive Review Awards USA 2026
Economic & Legislative News in Massachusetts
Poll: Voters Want Guardrails on Large AI Companies
A new MassINC poll found strong voter support for Massachusetts AI safety regulations as the Senate considers legislation governing frontier AI developers.
Healey Touts the ‘Vibe,’ Wants Later Bar Hours to Stick Around
Governor Maura Healey wants Massachusetts to continue later bar hours beyond the summer pilot, citing economic benefits from the World Cup and other major events.
World Cup Lifts Economy, but Lower-Income Households Stressed
The Federal Reserve’s Beige Book says the World Cup boosted tourism and consumer spending across New England, while lower-income households continued to face economic pressures.
Unemployment Ticks Down Amidst June Job Gains
Massachusetts’ unemployment rate fell to 4.4% in June as employers added 8,400 jobs, led by gains in health care, construction and professional services.
Health Insurers Say Drug Costs, Patient Expectations Tightening Cost Bind
Massachusetts insurers propose average 12.9% premium increases for 2027, citing specialty drug costs and rising provider reimbursement rates.
Report Flags Insurance Woes for Security, Airport Service Workers
New report finds many union security and airport workers lack affordable health coverage, with high uninsured rates despite employer-sponsored plans.
Company Newswire
The Winners Of The MAIW’s Essex/Middlesex Chapter 2026 Estelle Jeter Scholarship
This is the 88th year of operation for the Massachusetts Association of Insurance Women.
Arbella Insurance Foundation Raises Over $214,000 for Hunger Relief Programs Across New England
Arbella Insurance Foundation raises $214K for hunger relief, supporting 120 food programs across New England amid rising food insecurity.
MassMutual turns 175, Marking Generations of Delivering on its Commitments
MassMutual marks its 175th anniversary, highlighting policyholder focus, $1T in coverage, and a legacy of dividends and community support.
FM and Disney Relaunch ‘Disney Wild About Safety,’ Presented by FM
FM and Disney relaunch the Wild About Safety program, expanding global safety education through updated content and enhanced storytelling.
