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Ratings Agencies Affirm Allmericas Move To Sell Life Business

Matt Brady, Arthur D. Postal | February 25, 2005

Ratings agencies are viewing Allmerica Financial Corporation's decision to divest most of its life operations as a strong positive for the company's property-casualty businesses.Both ...

AIG Faces Re Claims Suit

Steve Tuckey | February 25, 2005

Nineteen insurance companies have filed suit against American International Group, Inc. alleging fraudulent inflation of reinsurance claims.John Hancock, Boston; First Allmerica, Worcester, Mass.; and ...

Report: Surprise Cases A Major Comp Cost

Daniel Hays | February 18, 2005

Older married women who hurt their backs are the class of workers whose injury claims are most likely to exceed adjusters' cost estimates, a ...

HRH Reports Income Down 23% In 2Q

Mark E. Ruquet | February 18, 2005

Hilb, Rogal & Hobbs Company reported second-quarter income dropped 23 percent due to higher legal and claims expenses, loss of contingent commissions, lowered retention ...

Mass. Judge Nixes Residual Reform

Steve Tuckey | February 11, 2005

Mass. Judge Nixes Residual ReformA Massachusetts Superior Court judge ruled yesterday that Insurance Commissioner Julie Bowler does not have the authority to reform the ...

Mass. Auto Reform Judged Likely

Steve Tuckey | February 11, 2005

Chances are excellent that auto insurance reform legislation will finally win passage in Massachusetts, according to an insurance trade group.Last week GOP Gov. Mitt ...

Why Some Injured Workers Stay Out Longer

Daniel Hays | February 11, 2005

A workers' compensation survey of 3000 injured workers in four states has found six key factors that keep employees from making a speedy ...

Massachusetts Comp Rates To Drop 3%

Staff Writer | February 04, 2005

NU Online News Service, May 23, 4:08 p.m. EDT--Workers' compensation premiums for employers in Massachusetts will decrease three percent in September, despite concerns about ...

Legal Troubles Cost ACE $40M

Mark Ruquet | February 04, 2005

NU Online News Service, May 20, 3:50 p.m. EDT--ACE Limited reported that the legal costs sparked by investigations concerning its role in suspected contingency ...

Med-Mal Seen Improving In Texas, Crisis In R.I.

Staff Writer | February 04, 2005

NU Online News Service, May 18, 2:46 p.m. EDT--The American Medical Association said it has added Rhode Island to its list of states with ...

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