A producer fined $1500 who did not disclose a felony guilty plea or his subsequent loss of license in California.
Regulation & Compliance
Three Producers Lose Licenses & Are Fined For Failure To Report Out-Of-State Administrative Actions
Three producers who had license issues relating to (1) attempted burglary, (2) Taking the fifth amendment on possible policy fraud, and (3) an illegible fingerprint card; lose their Massachusetts licenses and are fined a total of $5000.
Mass. Hearing Officer Revokes Producer’s License and Fines Her $2,000
Division revokes producer’s license and fines her for not report license actions based on Aon terminating her for involvement in a fraud scheme.
4th Look: 2017 Financial Results, Claims, Loss Ratios, Cancellations & NonRenewals For The Massachusetts Home Insurance Marketplace
Our fourth and final look at the latest data on the state of the Home Insurance Marketplace in Massachusetts courtesy of the Mass. Division of Insurance.
Second Look: MA FAIR Plan Continues To Lose Market Share
This week’s article focuses on the latest numbers from the Commissioner of Insurance’s Annual Home Insurance Report.
