June 19, 2012 – A follow-up checklist to When the Auditor Calls, outlining specific documents needed to prepare for a policy audit.
agency checklist
AG Files Suit Against XL Specialty Insurance and Its Surety Claims Consultant Fasano Acchione & Associates
FEB. 6, 2012 – Attorney General Martha Coakley filed suit against XL Specialty and its surety claims consultant Fasano & Acchione Associates for failing to repay $3 million dollars to the Commonwealth.
National Transportation Safety Board Calls on States To Ban Driver Use of Electronic Devices
Despite recent passage of a texting-while-driving ban in Massachusetts, anyone who spends even a short time on the Bay State’s roads will see drivers using increasingly common and sophisticated cell and smart phones while behind the wheel. The national conversation over the safety issues associated with that trend will likely be influenced in the coming […]
Another Short Reprieve for the NFIP?
The beleaguered National Flood Insurance Program lingers on in limbo. In a bipartisan vote, the Senate voted to extend S.1958 until May 31, 2012. Senator David Vitter (R-La.) sponsored the legislation. In order to be extended to the May 31st date, however, S. 1958 now must pass the House of Representatives, which according to reports […]
Liberty Mutual, Chubb Execs Among Those Named to Federal Advisory Committee on Insurance
The U.S Department of the Treasury announced today the appointment of 15 individuals to the Federal Advisory Committee on Insurance. This committee will provide advice to the Treasury’s Federal Insurance Office (“FIO”) created by The Dodd-Frank Wall Street Reform and Consumer Protection Act. The FIO was created to monitor all aspects of the insurance industry, […]