Starting April Fools’ Day, violations will result in fines, classes, and insurance surcharges.
Special Commission Urges A State Captive Insurer To Solve $350 Million Crumbling Foundation Problem
An 11-person commission studying crumbling foundations in Massachusetts recommends setting up a captive insurer to deal with the estimated $350 million in costs for affected homeowners.
CAR Governing Committee To Vote On New Commercial Application And Additional Insured Endorsement
The CAR Commercial Lines Committee has unanimously voted to recommend to the CAR Governing Committee, among other changes, a new commercial automobile application, and additional insured endorsement.
The Risman Insurance Agencies acquire the T.F. Ward Insurance Agency of Melrose
Founded in 1925, the Risman Agency has offices in Medford, Worcester, Dorchester, Tewksbury, North Reading, Danvers and now Melrose.
Massachusetts Highest Court Rules Insured’s Arson Does Not Bar A Coinsured’s Recovery Under Fire Policy For Chelsea Home
Massachusetts’ highest court, SJC, has interpreted the standard Massachusetts fire policy to allow an innocent coinsured to recover their pro rata share of a loss intentionally caused by a coinsured.