Workers’ compensation carriers may for the next two years add an audit noncompliance charge endorsement to their voluntary policies.
Court Finds One-Page Rate Sheet a Contract Barring Claim Against Philadelphia Indemnity
A Massachusetts seafood wholesaler seeking indemnity for a bodily injury claim lost its rights when it signed a rate sheet the Court found was a new contract.
$8.4 Million Bad Faith Judgment against Capitol Specialty on Exotic Dancer’s Injury Claim
An Insurer that eventually paid its $300k limit hit with an $8 million unfair claim practice judgment
Mass. DOI Revokes Producer License for False Statement and Assesses A $1500 Fine
A producer fined $1500 who did not disclose a felony guilty plea or his subsequent loss of license in California.
Three Producers Lose Licenses & Are Fined For Failure To Report Out-Of-State Administrative Actions
Three producers who had license issues relating to (1) attempted burglary, (2) Taking the fifth amendment on possible policy fraud, and (3) an illegible fingerprint card; lose their Massachusetts licenses and are fined a total of $5000.
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