This week includes announcements from Kingstone, Boston Mutual, The Hartford and Vermont Mutual.
National Fire Obtains Reversal of a $400,000 Award against it for Attorney Fees and Interest on an Uncovered Claim
A $400,000 judgment under the supplementary payments provision of a commercial liability policy ordered reversed by the Appeals Court.
AXIS Insurance Wins Because Danvers Insured Did Not Report Prior Interrelated Claim to its Prior Carrier
An insured who did not report a claim on a prior policy loses coverage when a court finds subsequent claims have a common nexus under the policies interrelated wrongful acts provision.
Pedicab’s Policy Does Not Cover Auto Accident
A Massachusetts District Court found that Atain Speciality had no duty to defend a Boston pedicab company nor its employee, nor did it have a duty indemnify them because the case involved a claim arising out of “an auto and the exclusion applied to the claim.”
The Ins & Outs Of Massachusetts’ Short-Term Rental Law
Dubbed Massachusetts’ new “AirBnB Rule”, the new regulations involving short-term rentals include owner registration and the requirement of a million-dollar liability policy.
