Source One Financial Corporation sued GEICO seeking a declaratory judgment that GEICO’s valuations resulting from reports compiled by Certified Collateral Corporation (“CCC”) did not comply with the DOI’s regulation.
MA Appeals Court Affirms Dismissal Of Late E&O Claim Alleging Agent Liable For Advising Insured To Only Keep Policies For 7 Years
Are independent agents liable for giving bad advice on how long insureds should keep their insurance policies? The MA Appeals Court weighs in.
Brockton Contractor Sentenced For Tax Fraud And Workers’ Compensation Insurance Fraud
As part of his payroll scam, the defendant kept two separate payroll books and had his companies file false payroll information with both the IRS and their workers’ compensation insurance carriers.
Division Hearing Officer Revokes Resident Producer’s License For Failure To Disclose Prior Insurance Fraud Conviction
A Division of Insurance Hearing Officer, has entered an Order revoking the resident producer license of Massachusetts agent.
Video Of Auto Body Shop Owner Using Sledgehammer And Mallet To Get Larger Insurance Damage Payouts leads To Two And One-Half Year Sentence
The owner of Accurate Collision, Inc. of Worcester and ADH Collision of Boston, Inc. d/b/a Accurate Collision in Everett pleaded guilty to 18 counts of insurance fraud, 15 counts of larceny by false pretenses, three counts of attempted larceny and six counts of malicious destruction of property.
