Liberty Mutual announced today that its current President Edmund F. Kelly will retire as active head of the company on June 28, 2011. Mr. Kelly will be replaced by David H. Long, 50, on June 29, 2011. Mr. Kelly will remain with Liberty Mutual indefinitely serving as Chairman of the Board of the Liberty Mutual […]
mass auto news
Attorney General Coakley asks Insurance Commissioner Murphy to reduce commercial auto insurance rates
The Attorney General for Massachusetts, Martha Coakley sent a letter yesterday to the Insurance Commissioner Murphy requesting that he reduce commercial auto rates in Massachusetts via his statutory authority under G.L. c.175 . In her letter, the Attorney General cited the Commissioner’s previous failure to reject Progressive’s unjustified rate increased in February of this year and […]
MA Chiefs of Police Want to Add $2-$2.50 Surchage to Auto Policies to Fund Training
“We don’t want a crisis and that’s what it’s coming to,” Northborough Police Chief and President of the Massachusetts Chiefs of Police Association, Mark Leahy told the Public Safety Committee late last week while promoting an auto insurance surcharge as the solution to the problem. Police Chief Leahy and the Association’s Executive Director Mark Sampson […]
Guilty Verdicts for Mass Motor Vehicle Insurance Fraud Ring
Omar Castillo, age 38, of Methuen; James C. Hyde, age 59, of Boxford; and Michael H. Kaplan, age 49, of Hampstead, NH, were found guilty yesterday on charges of Motor Vehicle Insurance Fraud, including Larceny Over $250, and Attempted Larceny Over $250. The trial of the the conspirators began on April 11, 2010 and lasted […]
CAR Extends RFP to June 1, 2011
Commonwealth Automobile Reinsurers has extended the deadline for Executive Recruiting Services proposals until 5pm on June 1, 2011. CAR is looking for recruiter/search firms with a high degree of expertise in order to organize and recruit candidates for the replacement of outgoing President Ralph Iannaco. As Agency Checklists reported in an earlier post, in February […]
