Workers’ compensation carriers may for the next two years add an audit noncompliance charge endorsement to their voluntary policies.
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.
An Insurer that eventually paid its $300k limit hit with an $8 million unfair claim practice judgment
A producer fined $1500 who did not disclose a felony guilty plea or his subsequent loss of license in California.
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.