Massachusetts
Mass. House approves updates to insurers insolvency fund
BOSTON, Mass. (SHNS)–Massachusetts residents and businesses would secure stronger protections if their property and casualty insurance carriers end up going bankrupt, under a bill gaining late-session momentum on Beacon Hill.
Without debate, the House last week quietly passed a bill (H 4772) that aims to update parameters for an insurance social safety net fund, created by the Legislature in 1970, and raise the caps on property and casualty claims that have not been revised in decades. The Senate sent the redrafted bill, originally sponsored by Rep. Daniel Cahill, to the Senate Ways and Means Committee on Monday.
The bill would ensure that the Massachusetts Insurers Insolvency Fund aligns with a framework promoted by the National Association of Insurance Commissioners in 2009, said Barbara Law, who administers MIIF and is the CEO of Guaranty Fund Management Services. The bill also clarifies that MIIF covers cybersecurity insurance claims.
“The Massachusetts version of the statute was one of the oldest in the country — it has not been updated from time to time over the years,” Law told the News Service. “So there are a lot of opportunities to bring current best practices from other states to Massachusetts, plus an opportunity to increase the cap for coverages. So individuals, particularly on the property side, we would be able to ensure that there was enough coverage allowed by the law so they would have a greater likelihood of having the entirety of their claims covered.”
Weather-related events in recent years have caused property insurance insolvencies in Louisiana, Florida and South Carolina, she said.
“We wanted to be prepared if those insolvencies started to have a greater effect on Massachusetts, and we also wanted to make sure that if we start to experience that type of weather up here, that we were prepared,” Law said. “So it really is about preparedness. We wanted to make sure that our law was in shape to make sure that it afforded enough coverage for the residents in Massachusetts.”
The bill would boost the existing claims cap, such as for car accidents and environmental cases, from $300,000 to $500,000, a level already enacted in Connecticut and Rhode Island, according to testimony Law sent to the Financial Services Committee co-chairs last fall. The new limit would not apply to workers’ compensation claims, which do not have a cap and are paid by the fund for life, Law said.
Aiming to provide a safety net for Massachusetts home and property owners, the bill also proposes a $1 million cap for residential or commercial property, a policy that Law said was implemented in California after a wildfire caused an insurer to go bankrupt.
“We do recognize that Massachusetts has high reconstruction values for property, so we recommend a $1 million limit for property claims just to ensure that we keep pace with the time,” she said.
All insurance companies that are licensed to provide property and casualty coverage in the commonwealth are members of MIIF, and they contribute to the fund to help pay out claims, according to GFMS.
The Massachusetts Association of Insurance Agents supports the bill, particularly the special real property cap provision due to the “increased severity and frequency of these claims,” said CEO Nick Fyntrilakis. In written testimony, Fyntrilakis warned Massachusetts is “currently disadvantaged compared to other states” that have embraced updated insurance policies.
“This bill would enhance benefits to Massachusetts residents affected by insurer insolvencies and reduce costs to the property and casualty insurance guaranty fund framework in the Commonwealth with no tax increases or increased appropriations if enacted,” Fyntrilakis said. He added, “These updates are much-needed and, in some instances, long-overdue.”
Law said MIIF, which is regulated by the Division of Insurance, has paid roughly half a billion dollars in claims to policyholders throughout its history when small and large insurance companies were insolvent. Workers’ compensation claims have largely driven activity in the fund, though Law said MIIF has also seen bursts of activity tied to insolvencies from asbestos-related claims in the late ’80s and early ’90s and the aftermath of the 9/11 terrorist attacks.
Massachusetts
Hacky sack is suddenly cool again – The Boston Globe
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Last Friday, my week in hacky sack mania ended just as abruptly as it began, in the office of the orthopedic surgeon who had replaced my left hip in January, staring down at my feet as I confessed that I may have done something kinda dumb.
But let’s start at the beginning, the previous Saturday, when I overheard my 16-year-old son telling my wife that all the kids at his school were obsessed with hacky sack.
“I’m sorry,” I interrupted. “Did you say hacky sack? As in, um, hacky sack?”
Yes, hacky sack, the footbag game that was a stoner favorite generations ago. It had become a mania in the week since they returned from April vacation, he informed me, and it was all over social media.
“I have a hacky sack around here somewhere,” I declared, a tad too excitedly, and was just getting ready to start boring him with stories about Gen X when he cut me off.
“Yes, it’s in my pocket,” he said. “They’re sold out everywhere, so I had to find yours.”
Wait? What is happening right now?
It gets weirder
First thing that Monday morning, I was having hilarious phone conversations with educators around the state, each of them as delighted and confused as I was, trying to figure out how, overnight, Massachusetts high schools had been overrun with “sack.”
On May 7, I published a story about the phenomenon, which seems to be mostly among boys. It may have stemmed from a couple TikTok videos that circulated before school vacation, then exploded when the students returned, and immediately birthed an entire social media ecosystem, with seemingly every school having a hacky sack “team,” and even an Instagram account putting out very unofficial “official MIAA hacky sack rankings.”
That day also happened to be my 50th birthday, and more surprising than the birthday party a bunch of friends threw me that night was that I would spend the party talking to all the other parents about hacky sack.
Soon, the trend spread out of New England, where the rebirth had begun, and other publications picked up on it. Who knew I’d stumbled upon a national scoop?
The ‘flying clipper’
Now let me bore you with Gen X stories, because we often lament that our kids don’t get to have the sort of childhoods we had, before social life moved online and into their pockets. And I can’t say any of us saw a hacky sack going into their pockets next to their phones, but it is hard to picture anything being more ideal for this moment. It’s unstructured play, it’s social, it’s accessible, and it doesn’t involve a damn screen.
And not to brag, but I was pretty decent when I would hack-in to a circle in my Tevas, so as I watched my kids fumble around like newborn giraffes in their first days as sackers, I couldn’t help myself. We passed around for a few moments, I was feeling it, and so like an idiot I did a move I haven’t done in 25 years where you jump up, raise one leg, and kick underneath it with the other (Google tells me this move is called a “flying clipper.”) I landed it perfectly as my kids said “I didn’t know you could do that!” and my body said “You can’t.”
Thankfully, after the X-rays came back, I was told the artificial hip looked fine, and I just had a mild case of something called “delusion.”
“Maybe leave the hacky sack to the kids,” the surgeon told me.
Gladly. I’m just amazed they want it.
🧩 5 Across: Slightly open | ☁️ 52° Weekend warming
‘Sold something that didn’t exist’: Hampshire College students and their parents are picking up the pieces in the wake of its closure news.
Local news? Why are millions of dollars flowing through a two-person Lexington news outlet? A look at the newsroom’s unorthodox business.
Crippling America: MIT warns that the nation is hurting its future by cutting research spending by 10 percent.
Gun smugglers: A group that bought dozens of weapons in New Hampshire and trafficked them into Canada using tribal reservation corridors has been toppled. US authorities said some of those weapons were used in violent crimes in Canada.
Transcending tragedy: ALS upended their young families’ lives. These two moms are spreading awareness, and joy.
Kissing the ring: What do Cabinet secretaries, UFC fighters, and baseball mascots have in common? They all paid homage to Trump in a single week.
Logan boat crash: You read that right. A 24-year-old Andover woman has been killed and three people injured in the late-night boat crash at a pier of the international airport.
The Wampanoag were right: Researchers find evidence of at least 15 early burials at Burying Hill in Bourne. (WCAI)
‘It’s an absolute total loss’: Moozy’s Ice Cream in Belmont has been destroyed in a three-alarm fire. Also, Downtown Crossing’s Scholars bar is closing, but a new place will take its place.
Red Sox: The greatest interim manager in baseball history says interim managers have a tough job. Says Joe Morgan: “Most of the time you’re taking over a lousy team.”
To save the middle class: Massachusetts wrote America’s first wage standard in 1912. “We are well placed to write the next one,” UMass Amherst economist Arindrajit Dube writes.
Susan Collins: Is the health of the Maine senator fair game in her Senate race? asks Joan Vennochi.
Public service: A trooper’s death reminds us of what public service really means, Kevin Cullen writes.
By David Beard
🎤 Guess who’s coming to town? Our summer arts guide points out the 80 best finds of the season, from Rosalia and a post-World Cup Shakira to an SNL reunion night, “The Sleeping Beauty,” and the art of Winslow Homer.
🎻 But wait, there’s more! Alec Baldwin will narrate “Lincoln Portrait” with the BSO at Tanglewood.
📺 What about this weekend? Our streaming picks include the thriller “The Lurker,” Colin Jost’s version of “Jeopardy,” and a HBO documentary with Sandra Oh, Kumail Nanjiani, and Bowen Yang.
🍕 Get out! The weather’s going to be great. Do you want sugar pizza? Or to kick back in your choice of beer gardens? Here are the week’s most notable restaurant openings around Boston.
🐶 Love is ruff: During this week’s Blind Date, “we talked a lot about her dog, Clementine, a sheepadoodle.” Plus, in Love Letters, will this college relationship make it through summer?
💤 Better sleep: Here’s an eight-second trick to get you back to sleep in the middle of the night. (Today)
⛰️ Mount Washington: This writer first ascended to the top of the wild, gusty New Hampshire peak at age 4 — and has kept coming back. Why? “The fragrant forest, chickadees, ice cold streams, and awe-inspiring vistas,” John Dodge writes.
Thanks for reading Starting Point. Have a great weekend!
This newsletter was edited by David Beard and produced by Ryan Orlecki. Today’s hacky sack soundtrack is Two Princes, by Spin Doctors.
❓ Have a question for the team? Email us at startingpoint@globe.com.
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📬 Delivered Monday through Friday.
Billy Baker can be reached at billy.baker@globe.com. Follow him on Instagram @billy_baker.
Massachusetts
Trauma foam developed by Massachusetts company used to stop internal bleeding in first patient
A Waltham, Massachusetts, company began to develop a trauma foam to stop internal bleeding; years later, it saved an Alabama man’s life.
Ronald Farms remembers his car flipping upside down and then a white light in what can only be described as a near-death experience.
“There was this light that was so bright. It was literally a light from heaven. It was white, so bright, but it wasn’t blinding,” Farms said.
But when the 34-year-old regained consciousness, he was on his way to the University of Alabama at Birmingham Hospital (UAB) and suffering from severe abdominal bleeding.
“They told me I had a laceration to my kidney, a laceration to my liver. My spleen was completely ruptured. They had to remove that. Part of my colon was taken out,” Farms said.
When he got to the hospital, Farms says the trauma surgeon, Dr. Preston Hewgley, told his family that he had 20 minutes to live.
Within minutes, Hewgley decided to use a tool that had never before been administered in a patient, a futuristic foam to stop internal bleeding.
“There was a very intense moment of injecting the foam into Ronald’s abdomen that was palpable,” Hewgley told WBZ-TV.
UAB is the site of an FDA-approved clinical trial for ResQFoam, developed by Waltham biotechnology company Arsenal Medical. It is administered by cutting a small incision below the patient’s belly button and inserting what looks like a calking gun into the abdomen, then shooting foam, which expands inside the body cavity.
“It wraps around injured tissues and injured organs and puts pressure on them, which temporarily slows or stops hemorrhage,” said Dr. David King, a trauma surgeon at Massachusetts General Hospital.
ResQFoam is the brainchild of King, who knows how deadly internal bleeding can be. He is a Colonel in the Army Reserve and has performed surgeries in combat.
“Intra-abdominal hemorrhage remains a leading preventable cause of death on the battlefield,” King said, “From the combat surgeon standpoint, it remains a very exciting horizon.”
The successful administration of the foam in Farms is a giant step forward for Arsenal Medical, but President and CEO Upma Sharma is cautiously optimistic with a clinical trial ongoing.
“We have a first safety cohort that we need to get through to demonstrate that the foam isn’t doing anything totally unexpected,” Sharma said.
Ronald Farms credits the foam with saving his life and he believes there is a higher reason why he is now sharing its story.
“I would highly, highly endorse it because it saved my life,” Farms said.
Massachusetts
Battenfeld: Have Massachusetts voters finally had enough of soft on crime?
Could Massachusetts be in danger of becoming the nation’s first lawless society – where criminals roam the streets without fear of being imprisoned?
Shootings. Street takeovers. Open drug use. Urban terrorism. Road rage. Rampant shoplifting. It’s become acceptable behavior.
It’s a state where you can essentially get away with attempted murder.
The state’s all liberal political hierarchy has allowed it for years, and now it’s coming to fruition. Will Massachusetts be the first state in the country where laws don’t matter?
Scores of hardened, dangerous criminals are being paroled every year thanks to the Massachusetts Parole Board appointed by liberal Democrat Maura Healey.
Liberal judges are giving lenient sentences to violent offenders like the accused Memorial Drive shooter against the wishes of prosecutors.
When will voters say enough is enough?
The terrifying mass shooting on Memorial Drive only cemented the feeling of citizens that they could be targeted next. That could have been them running for their lives, cowering under their cars while a gunman with an assault rifle sprayed dozens of shots.
The alleged gunman shot at police multiple times back in 2020, and was charged with assault with intent to murder. The judge rejected the Suffolk District Attorney’s recommendation of 12 years and cut it in half, enraging prosecutors.
There’s no doubt the alleged shooter should not have been on the street this week. Two innocent people nearly lost their lives.
Maybe now the line has been crossed where people looking at the shooting think: That could have been me on Memorial Drive, running for my life.
The fear of crime is a powerful political factor that could now play a role in this year’s gubernatorial race.
Incumbent Healey has to answer for her pathetic Parole Board and any judges she’s appointed that also have the same liberal bent that’s been part of the problem.
Voters fed up with high profile crimes and shootings – along with the high cost of living – may be part of the reason that Healey’s job approval numbers are tanking and could give life to Republicans’ hopes of stealing back the Corner Office.
Healey’s numbers are particularly bad among men and independent voters, according to a new MassINC poll of 800 registered Bay State voters. The only politician faring worse than Healey is President Trump.
Meanwhile, Boston Mayor Michelle Wu keeps repeating her claim that Boston is the safest major city in the country, but it doesn’t appear that way.
Wu was just reelected overwhelmingly, but Healey might be in some trouble.
Maybe it’s now time that voters might start demanding accountability from their political leaders.
But no, let’s keep focusing on Trump and the Epstein files. That’s the real problem.
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