Federal judge rules insuring agreement bars coverage for recurring damages.
Massachusetts Insurance Agents Involved In Hidden Policy Fee Case To Pay $5.2 Million in Restitution
After nine years of litigation, three agents must pay back $5.2 million for excessive fees charged on excess & surplus policies.
Bankruptcy Trustee’s Claim for MAPFRE Insured’s Uncovered $450 Thousand Judgment Denied
Bankruptcy trustee’s suit for insured barred by prior action of the insured’s judgment creditor against insurer.
Mass. DOI Hearing Officer Revokes Two Producers’ Licenses and Imposes $2,000 in Fines
Two nonresident producers have licenses revoked and fines imposed by the Division of Insurance for failure to report administrative actions in other states.
Shannon Agency Loses Appeal of Commerce’s Termination of Its Commercial ERP Contract
A North Attleboro agency lost its appeal to CAR of Commerce’s termination of its commercial ERP contract.