Insurer Assessment Veto Sustained

NU Online News Service, Aug. 2, 10:34 a.m.EST?The Massachusetts legislature has ended its 2002session without overriding a gubernatorial veto of new assessmentsto insurers.

The proposed new assessment, which would have substantiallyincreased the amount insurers already pay to fund the Division ofInsurance, was vetoed July 29 by acting Gov. Jane Swift.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.