Attorney General announces settlement with insurance agent and reverse mortgage broker on scheme to use elder citizens home equities to fund unsuitable insurance products.
MA Law | Insurance Fraud
Court Voids Scheme to Insure Personal Vehicles in Maine And Rent Them Out in Massachusetts
A Mass. resident skimming premiums by insuring his rental vehicles in a rural Maine town losses his insurance coverage for nine accidents.
Mass. AG Stops Illegal Health Insurance Sales and Recovers $2.8 Million From Insurer
The Attorney General’s consent judgment bars Unified Life from deceptively selling an unapproved short-term medical policy.
A Fraudulent Bond Scheme Leads To A Producer’s License Revocation And Fine
Over 20 contractors around the country paid $2.2 million in ‘premiums’ for bid, payment, and performance bonds that did not exist. One of the agents involved escaped indictment but lost his insurance licenses and was fined by the DOI $3,500.
NH Drywall Co., That Built One North Boston, Settles With Mass. AGO For $500,000
February 6, 2017 – The allegations included violations of the Massachusetts False Claims Act and the Massachusetts Independent Contractor Law.
