Mass. Judge Sides With State To Block Premium Increases
Suffolk County, Mass., Superior Court Judge Stephen Neel yesterday disagreed with six Massachusetts insurers' contention that the state's rejection of average 8% to 32% Â premium increases for individuals and small businesses would push the insurance market into chaos. The lawsuit was sparked by Insurance Commissioner Joseph Murphy's rejection of 235 proposed increases that would have taken effect April 1, and insurers are expected to continue to battle the issue in court and with the state Division of Insurance.
- "Judge Blocks Insurers on Rates" (Weisman, Boston Globe, 4/13).