• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Contact Us
  • Post A Job

Agency Checklists

Massachusetts Insurance News & Job Opportunities

  • AC Interviews
  • Agency M&A
  • Career News
  • CAR News
  • DOI News
  • Coverage Cases
  • Innovation
  • InsurOp-Eds
  • AC Podcast
You are here: Home / Insurance Legal News & Analysis / 4-year Jail Sentence For Business Owner Burning A Building With Intent To Defraud An Insurer

4-year Jail Sentence For Business Owner Burning A Building With Intent To Defraud An Insurer

August 9, 2022 by Owen Gallagher

Agency Checklists, MA Insurance News, Mass. Insurance News


On Wednesday, August 3rd, Robert Cole, 54, of Salisbury, the former owner of Ideal Transmission on Franklin Street. in Salem, received a four-year sentence in state prison after a jury convicted him of burning a building with the intent to defraud an insurer and arson.

A major fire that could have spread caused $500,000 in damages

The September 6, 2017, fire that Mr. Cole was convicted of setting caused $500,000 of property damage to the building that housed Ideal Transmission.

Controlling the fire took firefighters more than three hours. At one point, the firefighters had to evacuate the building before its roof and the second floor collapsed. Also, the intensity of the fire created a risk the flames could have spread to nearby structures in the densely packed neighborhood of homes and businesses.

The motive for the arson was to get an insurance payout

The alleged motive the prosecution claimed for the arson was that Mr. Cole was $29,000 in arrears to his landlord, Goldberg Properties, and about to be evicted. His insurance was about to lapse. The Prosecutor, Anne Marie Gochis, convinced jurors that Mr. Cole set the fire planning plan to collect on his insurance policy before it was canceled.

Mr. Cole was not indicted by a grand jury until after a months-long investigation,  

Violation of the insurance fraud statute

One of the charges lodged against Mr. Cole was a violation of G.L. c. 266, § 10, “Insured property; burning with intent to defraud.” This statute provides for up to a five-year sentence in state prison, stating:

Whoever, wilfully and with intent to defraud or injure the insurer, sets fire to or attempts to set fire to, or whoever causes to be burned, or whoever aids, counsels or procures the burning of a building, or any goods, wares, merchandise or other chattels, belonging to himself or another, and which are at the time insured against loss or damage by fire, shall be punished by imprisonment in the state prison for not more than five years or in a jail or house of correction for not more than two and one-half years.

Request for lesser sentence denied by the judge

Mr. Cole’s lawyer had requested a sentence under the Massachusetts sentencing guidelines that would have given Mr. Cole, based on the charges and his record, a sentence between three and thirty months in jail.

Judge Kathleen McCarthy Neyman, however, admonished Mr. Cole in sentencing him to a four-year sentence stating, “It was a significant fire” that “put many citizens at risk of serious physical injury.”

The Prosecutor, Anne Marie Gochis, based on the severity of the fire, requested a five- to a seven-year state prison sentence under the arson statute. She argued that Mr. Cole’s actions had put at risk firefighters and his neighbors solely to get money from an insurance company.

After Mr. Cole serves his four-year prison term for burning the Ideal Transmission building, he must complete two additional years on supervised probation for the attempted insurance fraud.

The conditions of this probation include a mental health evaluation and treatment and an order that Mr. Cole stays away from the location of the fire and the owners of the property.

Primary Sidebar

  • NEW! BOSTON: In-House Legal Counsel (MPIUA)
  • NEW! QUINCY: State Manager – Personal Lines – Hybrid
  • NEW! QUINCY: Legal & Compliance Specialist – Hybrid  (Arbella)
  • NEW! LEOMINSTER: Commercial Lines Account Manager (DeCarolis)
  • BOSTON: Product Management Analyst (Safety)
  • DEDHAM: Senior Commercial Lines Underwriter (N&D)
  • SOUTHBOROUGH: Agency Development Representative (HMIC)
  • YARMOUTH: Employee Benefits Producer – Division Manager (Pioneer Insurance Partners)

Career News

Executive Director Michael Pezza to Retire from The Insurance Library

illustration of AM Best Student Challenge with picture of desk and BU flag in background

Boston University Student Named Finalist in AM Best’s 2027 Student Challenge

Jack Roche, president and CEO of The Hanover Insurance Group, recipient of the 2026 Lifetime Achievement Award

The Griffith Foundation and APCIA Honor John C. Roche with 2026 Lifetime Achievement Award

View All

MA Division of Insurance Announcements

Interviews

From Nuptials, Tickets, and Taxes to Trusted Advisor: One Agency’s Unique Path to P&C Success

A Conversation with Evan Silverio, President & CEO of Silverio Insurance Group

Deland, Gibson Celebrates 125 Years: A Conversation with CEO Chip Gibson

The Fourth-Generation Family-Owned Agency is Based in Wellesley

Talking with Richard Welch: Growth and Innovation at Hospitality Mutual | Agency Checklists

Talking with Richard Welch: Growth and Innovation at Hospitality Mutual

Mr. Welch is CEO of Massachusetts-based Hospitality Insurance Group

Born and Bred in the Bay State: The Special Agent Story

Our Latest Agency Interview is with the Founder & President of Special Agent

A Conversation with Daniel C. Bridge – The 2023 Insurance Professional of the Year

Daniel Bridge is Board Chair, President, and CEO of Vermont Mutual Insurance Group

Making The Leap From Corporate to Entrepreneur: Nadeen Vella On Building NaVella Insurance From Scratch

Making The Leap From Corporate to Entrepreneur: Nadeen Vella On Building NaVella Insurance From Scratch

Our latest Agency Interview is with Nadeen Vella, the founder and owner of a virtual scratch independent agency.

View All

In Memoriam

In Memoriam: James P. Daley, 1959-2026

In Memoriam: Richard Sias, 1946-2026

In Memoriam: Stephen Joel Paris, 1938-2026

InsurOp-Eds

Should Insurance Agents Help Advocate Claims?

Should Agents Advocate For Insureds In Claim Denials?

By Bill Wilson

Passing of the Torch: Becoming Arbella’s Next CEO

Passing of the Torch: Becoming Arbella’s Next CEO

By Paul Brady

Agency Checklists, MA Insurance News, Mass. Insurance News, Safeco, Victor Pepin, how to become a Safeco agent in Massachusetts?

InsurOp-Ed – How to Guarantee a Bright Future for Your Independent Agency

By AC Editor

InsurOp-Ed: Understanding The Insurance Supply Chain

By Peter MacDonald

View All

Footer

Contact us

We offer a variety of ways to get help promote your company or product.

Announcements
Email Sponsorships
Partnerships
Custom Collaborations

*Affiliate Disclosure

Please note that any of Agency Checklists’ articles might contain one or more affiliate links. This means that any subsequent purchase resulting from these links may result in a commission for us, but at no additional cost to you. For example, as an Amazon Associate, Agency Checklists earns a commission from all qualifying purchases. By working with affiliates we can continue to keep Agency Checklists subscription free. Thank you for your support.

Explore Our Archives

Copyright © 2026 · Agency Checklists · All rights reserved.

Loading Comments...