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DOI News | Massachusetts Division of Insurance

News and updates from the Massachusetts Division of Insurance.

DOI Issues A “Q&A” For The 55,000 Policyholders Affected By Long-Term Care Rate Increase Approvals Of Up To 40%

January 31, 2017 by Owen Gallagher

MA DOI, Mass. DOI, MA Division of Insurance, Mass. Division of Insurance

January 30, 2017 – As part of its agreement with 16 long-term care carriers to allow rate increases, the DOI has published this "Q&A" for the approximately 55,000 policyholders affected by the rate increases.

DOI Special Investigations & Enforcement Actions During The Fourth Quarter of 2016

January 24, 2017 by AC Editor

Agency Checklists, MA Insurance News

A review of the enforcement actions and special investigations involving Mass. resident and non-resident producers during the Fourth Quarter (4Q) of 2016.

Long-Term Care Policyholders’ Rates May Rise 40% Under Agreement With 16 Carriers

January 24, 2017 by Owen Gallagher

Agency Checklists, MA Insurance News, Mass. Insurance News

Rate requests of up to 300% by long-term care insurers have been capped at 40% by an agreement with the Division of Insurance.

Why Massachusetts Still Ranks As One of the Worst States For Insurance Regulation

January 13, 2017 by AC Editor

Agency Checklists, MA Insurance News, Mass. Insurance News

January 13, 2017 – R Street Co-Founder and Editor-in-Chief, R.J. Lehmann, talks with Agency Checklists about the reasons behind Massachusetts’ lower marks this year.

Mass. DOI Sets Long-Term Care Information Sessions for November 16th, 17th & 18th

November 8, 2016 by Owen Gallagher

Agency Checklists, DOI Hearings

The Division of Insurance has scheduled for November 16, 17, and 18, information sessions in Worcester, Hyannis, and Boston to discuss Long-Term Care Insurance products, rates and the Division’s rate request review process. The information sessions sparked by carriers’ substantial rate requests In announcing the three information session, the Division stated that it “recognizes that […]

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