The list of appointees for the 2012 CAR Advisory Committees is now complete and available on the CAR website. The deadline for submitting an application was on December 9, 2011 To see a list of the new members click on the Committee name and it will link to the list. 2012 CAR Advisory Committee Appointees […]
insurance news mass
New Federal Regulation Includes New Self-Certification Requirement for Commercial Drivers in Massachusetts
Under the new Federal Motor Carrier Safety Administration regulation all of Massachusetts 180,000 licensed commercial drivers, commercial permit holders and new commercial license applicants will be required to self-certify themselves based upon the “…type of commerce they engage in, interstate or instrastate, and whether or not they are required to obtain a US DOT Medical […]
The Top 10 Homeowner’s Multi-Peril Insurance Companies in Massachusetts
A list of the top ten largest writers of homeowner’s multi-peril insurance in the Commonwealth of Massachusetts based on 2010 written premium.
Auto Insurance Carries Personal Line Ratings for 2012 – Commercial Lines to Struggle – A.M. Best
January 9, 2012- Today, A.M. Best Co. released its general outlook for 2012 U.S. property/casualty ratings. The good news was company balance sheets are still strong but, as everyone has learned over the last four years, at risk to sudden weakening based upon some unexpected financial tsunami. Auto Insurance leads the way in personal lines. […]
Investigation of Premium Finances Cos Continues: AG Announces IPFS Corporation Will Pay $82,000
January 3, 2012 – Attorney General Martha Coakley’s office recently announced that the premium finance company IPFS has agreed to pay the Attorney General’s Office $82,000 for unlawful auto insurance cancellations by failing to provide required notice prior to canceling policies. The AG’s office says that approximately $62,942 will be paid to more than 50 […]
