A Lowell District Court found Progressive’s electronic cancellation notice to a loss payee defective, granting Source One summary judgment on two contract claims while leaving negligence for trial.
Massachusetts Barred His Phony Insurance In 2006. Now Kevin Kolenda Has Pleaded Guilty To Wire Fraud
Nearly 20 years after Massachusetts barred Kevin Kolenda from selling prize insurance without a license, the longtime operator of Hole-in-Won has pleaded guilty to federal wire fraud related to his prize insurance business.
Aon’s $17 Billion USI Deal Values Broker At About 6.5 Times Commissions And Fees
Aon’s $17 billion USI acquisition values the broker at about 6.5 times 2025 net commissions and fees and creates a $6.5 billion middle-market platform.
Former Insurance Commissioner Gary Anderson Joins DLA Piper
Gary Anderson has joined DLA Piper as a partner in the firm’s U.S. Insurance practice in Boston. Anderson is the former Massachusetts Commissioner of Insurance who went on to serve as chief executive officer of the National Association of Insurance Commissioners. DLA Piper announced Anderson’s appointment Sept. 2, marking his return to Boston’s insurance community […]
Policy Change Closing Loophole For MedPay Double Payments Upheld
The Massachusetts Appeals Court has upheld the 2016 standard auto policy’s MedPay nonduplication provision in a dispute involving a health insurer’s lien.
