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• Push for PET in Massachusetts

  - 2005-10-01

  The Boston Globe reported on August 26 that Massachusetts hospitals are seeking to nearly double the number of PET and PET/CT scanners in the state, raising the number from 12 to 22. In response, national and regional health insurers have issued sharp warnings about possible effects on medical costs. "Our...

  Tags: Boston Globe, HARDWARE, HEALTHCARE, hospital, Insurance, Massachusetts, PET, Scanners

• Massachusetts insurance commissioner ramrods changes in high-risk coverage.

  - 2004-12-02

  By Bruce Mohl, The Boston Globe Knight Ridder/Tribune Business News Dec. 2--Insurance Commissioner Julianne M. Bowler says she doesn't need legislative approval to change the way high-risk drivers are apportioned among companies in Massachusetts, but a provision in her sweeping measure dealing...

  Tags: Boston Globe, FINANCE, Insurance, Massachusetts

• Wife of Boston radio station owner says didn't know of investment scam.

  - 2004-11-18

  The Boston Globe Knight Ridder/Tribune Business News Nov. 18--Local broadcast business reporter Bonnie Kirchner Bleidt said she didn't know anything about the alleged 20-year investment scam by her husband, Bradford C. Bleidt, before she received Bleidt's taped confession last Thursday at...

  Tags: Boston Globe, FINANCE, fraud, Insurance, investment, MARKETING, radio, SEC, suicide

• Malpractice costs level off in Massachusetts, report says.

  - 2004-11-16

  By Scott Allen, The Boston Globe Knight Ridder/Tribune Business News Nov. 16--Jury awards and doctors' payments to settle malpractice lawsuits in Massachusetts have declined 8 percent from their peak in 2001, according to a new state report, potentially easing the insurance...

  Tags: board, Boston Globe, FINANCE, Insurance, lawsuit, Massachusetts, patient, payment, settlement

• Putnam Investments cuts 100 more staffers.

  - 2004-11-16

  By Andrew Caffrey, The Boston Globe Knight Ridder/Tribune Business News Nov. 16--Putnam Investments yesterday said it will dismiss another 100 employees in a cost-cutting move to reflect its smaller size after an employee-trading scandal cost it tens of billions in investors' ...

  Tags: Boston Globe, FINANCE, Insurance, investment, layoff

• Auto insure plan sparks clash among Massachusetts firms, attorney general.

  - 2004-10-30

  By Bruce Mohl, The Boston Globe Knight Ridder/Tribune Business News Oct. 30--A proposal to revamp the way high-risk drivers are apportioned in Massachusetts got mixed reviews yesterday, with insurance companies clashing on whether the measure would work and the attorney general saying...

  Tags: Boston Globe, FINANCE, Insurance, Massachusetts

• Commerce Insurance of Webster, Mass., says industry overhaul would benefit it.

  - 2004-10-28

  By Bruce Mohl, The Boston Globe Knight Ridder/Tribune Business News Oct. 28--The state's largest auto insurer is leading the charge against a key overhaul initiative of the Romney administration, but the company now says it would probably benefit financially from the proposal....

  Tags: benefit, Boston Globe, FINANCE, Insurance

• Novato, Calif.-based firm will continue to insure cars in Massachusetts.

  - 2004-10-27

  By Bruce Mohl, The Boston Globe Knight Ridder/Tribune Business News Oct. 27--Fireman's Fund Insurance Co., apparently swayed by recent meetings with a Massachusetts regulator, reversed course yesterday and said it now plans to continue writing auto insurance policies in the state next...

  Tags: Boston Globe, car, FINANCE, Insurance, Massachusetts

• Putnam eliminates nearly 70 Boston-area jobs.

  - 2004-10-22

  By Beth Healy, The Boston Globe Knight Ridder/Tribune Business News Oct. 22--Putnam Investments yesterday eliminated nearly 70 jobs in the Boston area, the company confirmed. The cuts were a result of the decision in June to merge Putnam's retirement-plan servicing...

  Tags: Boston Globe, FINANCE, Insurance, job, Mercer, Outsourcing, Putnam, spokeswoman

• New York Attorney General investigates Boston-based insurer.

  - 2004-10-20

  The Boston Globe Knight Ridder/Tribune Business News Oct. 20--Liberty Mutual Group has been subpoenaed by New York Attorney General Eliot Spitzer, the first local insurer to be caught up in the prosecutor's fast-widening probe into the insurance industry's sales practices. ...

  Tags: Boston Globe, FINANCE, Insurance, Liberty Mutual Group, Spitzer