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.
Congressional Watchdog Issues Report On Cyber Challenges To Insurers And Policyholders
The National Defense Authorization Act for Fiscal Year 2021 includes a provision for the GAO to study the U.S. cyber insurance market.
Revere Contractor Sentenced for Workers’ Compensation And Wage Tax Fraud
A federal judge has sentenced the owner of a Revere construction equipment company, to three years of probation and over $500,000 in restitution for employment tax and workers compensation fraud.
Worcester Investment Adviser Charged With Stealing $2.9 Million From His Clients
A former investment adviser representative has entered into a plea agreement for misappropriating $2.9 million from his investment advisory clients between 2010 and 2019.
Daughter Denied $142,000 Loss Under Dad’s Gloucester Homeowner’s Policy Because Not A “Household Member” Per Policy Terms
The Massachusetts Appeals Court denied coverage for a $142,000 personal property claim arising out of a 2015 fire loss where the named insured’s daughter lived on the insured property, but did not qualify as an insured because she was not a household member.