The Commissioner recommends that insurers waive deductibles, copays, and coinsurance for Coronavirus testing and treatment.
The Supreme Judicial Court (SJC) of Massachusetts has decided what it called a “close” case, Green Mountain Insurance Company v. Wakelin.
Insurance entities that pay employees commissions and employees who earn commissions from them may wish to revisit their commission agreements based on this recent decision from the Massachusetts Supreme Judicial Court.
A class action suit seeking overtime pay for unlicensed employees a bank hired who were to sell insurance and investment products after they obtained on their own time the necessary insurance and security licenses recently failed in Federal Court in Boston.
Starting April Fools’ Day, violations will result in fines, classes, and insurance surcharges.