A Suffolk Superior Court judge found that PURE willfully violated two provisions of Massachusetts’ unfair claims-settlement law, but the homeowners recovered nothing under Chapter 93A because they failed to prove compensable damages caused by those violations.
Lowell Temp Agency Owner To Do 13 Months for Payroll and Workers’ Comp Fraud
A federal judge sentenced Henry Lam, owner of Lowell-based HL Temporary Services, to 13 months in prison after he pleaded guilty to employment-tax charges and mail fraud involving workers’ compensation insurance premiums.Insuran
Meta Muse and Insurance: What Agents Need to Know
Consumer AI assistants are beginning to reach insurance businesses through both online shopping platforms and telephone calls. Insurify has blocked Meta’s Muse from automatically collecting quotes, while Liberate has introduced technology designed to identify and handle calls from consumer AI assistants.
Safety Insurance Shareholders to Vote Nov. 3 on MAPFRE’s $1.54 Billion Acquisition
Safety Insurance Group shareholders will vote Nov. 3 on MAPFRE’s $1.54 billion acquisition. Federal antitrust review has cleared, while Massachusetts Form A approval remains a key regulatory condition to closing.
No Broader ACE Coverage Despite Seller Holding Title to Vehicle
A Massachusetts federal judge ruled that a towing company never became the legal owner of a van because the seller failed to deliver the certificate of title. The court nevertheless held that an auto-business exclusion barred broader ACE liability coverage, leaving only compulsory coverage with Commerce excess.