January 5, 2012 – First of a series (2009-2011) The Massachusetts property and casualty industry enjoyed a $10 billion market for calendar year 2009. This $10 billion was split between personal lines and commercial lines with $5.2 billion or 52% in favor of personal lines and $4.8 billion or 48% of the premium from commercial […]
Archives for 2012
Restitution and Probation Ordered After Guilty Plea To Submitting $28,000 In Fraudulent Comprehensive Claims On Auto Policies.
January 4, 2012 – A corporate officer of two automotive glass companies pleaded guilty last week in Salem Superior Court to insurance fraud relating to bogus glass repair claims. Robert Giller, age 53, pleaded guilty to 20 counts of auto insurance claim fraud, General Laws c.266 §111B; 18 counts of larceny over $250 by false […]
Defense of MCAD Claim Covered under Norfolk and Dedham’s Special Business Owners Policy
January 3, 2012 – Cleary Consultants, a Boston placement firm received an early Christmas present from the Massachusetts Appeals Court on December 16th. The placement firm won a decision against Norfolk and Dedham that established that Norfolk and Dedham had the duty to defend the placement company against a discrimination complaint pending before the Massachusetts […]
Investigation of Premium Finances Cos Continues: AG Announces IPFS Corporation Will Pay $82,000
January 3, 2012 – Attorney General Martha Coakley’s office recently announced that the premium finance company IPFS has agreed to pay the Attorney General’s Office $82,000 for unlawful auto insurance cancellations by failing to provide required notice prior to canceling policies. The AG’s office says that approximately $62,942 will be paid to more than 50 […]
