Three new DOI bulletins were issued on September 27, 2016, and are directed at disaster preparedness for property insurers operating in Massachusetts.
DOI Approves Ending of Worker’s Comp. Policies With Date Discrepancies
Premium refund for up to ten percent of the state’s employers possible as the state eliminates comp policy’s Anniversary Rate Endorsement.
Doubling Employers’ Workers’ Compensation Premiums Proposed For Refusing Audit
September 19, 2016 – The Division has scheduled a hearing next month to accept testimony and written submissions on the WCRIB’s request.
Report Shows Pricing & Technology Disconnect Between Agencies and Top Carriers
Channel Harvest Research, a firm specializing in the independent insurance distribution channel, has released its annual study of agent-carrier relationships.
Insurance Fraud Acquittal Scheme Earns Two Body Shop Employees State Prison Time
September 19, 2016 – An update on the pair who pleaded guilty in August to indictments charging them with corrupting a witness, suborning perjury, obstruction of justice, and conspiracy.