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OCC, CFPB Fine Bank of America for Unemployment Assistance Program

by Diane McLaughlin | Jul 15, 2022

Federal regulators have assessed penalties totaling $225 million on Bank of America for its handling of state unemployment payments during the pandemic.

State Senate OKs $3.82B Investment Package Minus Extra Biz UI Relief

by State House News Service | Nov 11, 2021

Now the arguably harder part – negotiating a final bill between the two branches after the House and Senate versions diverged on many specifics – begins.

Baker Signs UI Rate Relief Bill

by State House News Service | Jun 1, 2021

Gov. Charlie Baker  signed legislation on Friday that will allow businesses to avoid steep spikes in unemployment insurance taxes this spring

Biz Feel Blindsided by New UI System Costs

by State House News Service | Apr 13, 2021

Massachusetts businesses are facing sudden and sharp unemployment tax increases just weeks after implementation of a new law aimed at limiting their costs, but a fix is unclear.

Governor Wants Changes To Unemployment Insurance

by Banker & Tradesman | May 31, 2017

Unemployment benefits would be extended to certain relocating spouses of military members, and inmates participating in work-release programs would not be eligible for benefits upon release, under legislation filed by Gov. Charlie Baker.

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