At the April 20, 2011 CAR Governing Committee Meeting, CAR President Ralph Iannaco announced that three new carriers are now eligible for assignments through the MAIP, the Massachusetts Automobile Insurance Plan. Occidental Fire and Casualty, Geico and Bankers Standard Insurance Company are now eligible for assigned risk assignments through the MAIP. Both Occidental and Geico […]
Mass auto
Mass. Attorney General Coakley Will Not Promulgate Auto Regulations
The Massachusetts Association of Insurance Agents announced on its website today that the Attorney General has decided not to promulgate her proposed auto insurance regulations, 940 CMR 28.00. “Rather she will take a fresh look at ways to protect consumers in today’s competitive automobile insurance marketplace.” The press release prepared by the MAIA includes a […]
Tom Hanks and Rita Wilson Sue Former Insurance Broker
The Claims Journal reported this week that Actor Tom Hanks and his wife, Rita Wilson have filed suit against their former insurance broker for an unspecified amount of damages. The website TMZ was the first to pick up on the story, stating that the J. B. Goldman Insurance Agency had been the couple’s insurance agent […]