The Division of Insurance applauded the study reminding us that rates in Massachusetts have decreased more than 19.7 percent since 2007. A new study from the Oregon Department of Consumer and Business finds that Massachusetts employers pay some of the lowest workers’ compensation rates in the nation. In light of the Division of Insurance’s recent […]
January 19, 2012 The Division of Insurance announces the results from the NAIC’s annual report on auto insurance premiums. Massachusetts has come out on top in a recent report published by the National Association of Insurance Commissioners. In a state-by-state study of auto insurance premiums, the NAIC report found that during the period from 2007 to […]
Renters Insurance Checklist Can Help You Choose the Right Coverage and Protect Yourself Financially Renting, Rather Than Buying, a House or Apartment Is Becoming More Common October 3, 2011 NEW YORK, October 3, 2011 — An increasing number of Americans view renting a home as a better “investment†than buying one, yet less than half […]
 The U.S. workers’ compensation insurance segment continued to face competitive pricing, further rate decreases, weak macroeconomic factors, growing medical costs and an uptick in claim frequency during 2010. As a result, premium volume declined and underwriting results deteriorated yet again, reported A.M. Best. While the line is still dealing with the same issues in […]
The U.S. Transportation Secretary Ray LaHood today announced that the number and rate of traffic fatalities in 2010 fell to the lowest levels since 1949, despite a significant increase in the number of miles Americans drove during the year. “Last year’s drop in traffic fatalities is welcome news and it proves that we can make […]
A lawsuit seeking to stop McDonald’s Corp. from offering toys with Happy Meals must be dismissed because parents can always choose not to buy the meals for their children, the hamburger giant said in a court filing late Monday. The lawsuit accuses McDonald’s of unfairly using toys to lure children into its restaurants. The plaintiff, […]
Researchers at the Insurance Institute for Highway Safety (IIHS) assessed 72 kids’ booster seats to check for the ones that offer a good fit, one of the most important safety criteria. They designated 21 booster models as “Best Bets” and 7 as “Good Bets.” That’s a marked improvement over last year’s list, when only 9 […]