Premium refund for up to ten percent of the state’s employers possible as the state eliminates comp policy’s Anniversary Rate Endorsement.
Regulation & Compliance
Doubling Employers’ Workers’ Compensation Premiums Proposed For Refusing Audit
September 19, 2016 – The Division has scheduled a hearing next month to accept testimony and written submissions on the WCRIB’s request.
Nolo Contendere Plea Leads To License Revocation And $2,000 Fine
August 29, 2016 – Mr. Draper’s case shows once again that Massachusetts takes a very hard line on its licensed producers, whether resident or nonresident, for failing to report administrative actions involving their producer licenses in other states.
Massachusetts Continues As The 11th Largest Insurance Market As Ranked By Premium Volume
August 11, 2015 – Volume II of the NAIC’s Annual Insurance Industry Resources Report has been published.
License Revoked After Producer Receives 37-Year Jail Sentence For Insurance Fraud
On July 15, 2016, Jean Farrington, a Division of Insurance hearing officer acting on a show cause proceeding initiated by the Division entered an order revoking the nonresident producer license of Jeffrey Brian Cohen, 40, formerly of Reisterstown, Maryland. The Hearing Officer’s decision also required the return of any and all producer licenses, to cease […]
