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.
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Agency Compensation Expected to Increase in 2012 According to Ward Group
A new study by the benchmarking and best practices firm The Ward Group looks as the trends for contingent commission payouts as well as total agency compensation for 2012.
Regional Police Group Backs Idea To Redesign MA License Plates
FEB. 1, 2012 – New Massachusetts legislation (S 1798) is looking to require license plates to pair up to four alpha-numerica characters with one easily recognized symbol, such as a star, heart, circle or diamond.
Governor Patrick’s Budget Proposes Cuts To The RMV
STATE HOUSE, BOSTON, JAN. 25, 2012…..Gov. Deval Patrick on Wednesday proposed a $32.3 billion annual state budget plan that calls for $730 million in new savings from government-funded health care programs and would eliminate 300 jobs, close a Norfolk prison with 330 inmates, and generate $260 million in new revenues, in part by raising the […]
U.S Commercial Insurance Rates Expected To Rise in 2012
In its U.S. Insurance Market Report Marsh says it is likely the U.S. will see a rise in commercial insurance rates in 2012.