The Massachusetts Division of Insurance issued two separate decisions involving producer licensing violations which resulted in fines of $2,250.
Division of Insurance Dismisses Point Insurance’s Complaint Against Arbella For Improper Practices
The Mass. Division of Insurance has denied a complaint by an insurance agency that Arbella Ins.’s underwriting actions were unfair, unreasonable, or improper.
Insurance Producer Who Lost Home State License For False Applications Fined $750 In Massachusetts For Failing To Report
A Pennsylvania insurance agent caught submitting 225 bogus applications to get advance commissions fined in Mass. for failing to report license revocation.
As 2019 Goes Into its Fourth Quarter: Insurtech Investments Picking Up The Pace
Insurtech funding continues at a record pace in 2019.
Mass. Cleaning Co. Owner Will Serve 6-Month Jail Term For $74k Workers’ Compensation Fraud
A cleaning company owner’s scheme to misclassify workers to cheat a workers’ compensation insurer out of its premiums has landed him in jail for six months.
