On January 27, 2011, Attorney General Martha Coakley announced her office’s legislative agenda for the coming year which will include filing nine new bills tackling subjects as varied as Manslaughter to Second Metals Dealing. The Attorney General noted that ” These bills tackle a number of important challenges in our Commonwealth, including protecting public safety, […]
mass insurance news
CAR Preliminary Sceening Committee Gets to Work
The Commonwealth Automobile Reinsurer’s website posted a special notice on Friday January 28, 2011 regarding its search for a new President after the announcement of current President, Ralph [Buddy] Iannaco’s retirement scheduled for later this year. “The Chairman of the Governing Committee, William Cahill, pursuant to M.G.L. 30A sec. 18-25, has determined that CAR’s ability […]
Waltham Man Indicted on Fraudulent Unemployment and Insurance Claims Totalling $40,000
The Attorney General’s office announced on Friday that John Toyias, age 45, of Waltham, MA was charged with 55 counts of Unemployment Fraud, two counts of Motor Vehicle Insurance Fraud, two counts of Larceny over $250 and Attempted Larceny. Attorney General Coakley said that, “Insurance and unemployment fraud are serious crimes that lead to a […]
The Hazards of Inaccurate Applications and Signing the Insured’s Name
The case of RLI Insurance Co. v. Santos, 746 F.Supp.2d 255 (D. Mass. 2010).
Mass. DOI Issues Guidelines for Alien Unauthorized Insurers Wanting to Write Excess & Surplis Lines
The DOI issues guidelines for those alien insurers which to write insurance in the Commonwealth on an excess and surplus basis.