A Verisk study finds AI-driven insurance fraud is increasing, with more consumers willing to manipulate claims and insurers struggling to detect altered documents and deepfakes.
Massachusetts Insurance Legal News & Analysis
BL Insurance Fraud: New Bedford Broker Couple Pleads Guilty to $750K Premium Scheme”
BL Insurance Brokerage owners pleaded guilty to a $750,000 premium diversion scheme, involving fictitious binders and unpaid policies affecting clients across Massachusetts and beyond.
Who Pays First? Federal Court Says a Catch-All Clause Won’t Make You Excess
A Massachusetts federal court ruled that a blanket ‘other insurance’ clause cannot convert a CGL policy to excess coverage, clarifying the SJC’s framework in Selective v. Scottsdale.
An Undefined Word Costs Federal Insurance Its Coverage Denial
A case determined entirely by what the word “exhausted” means in an excess liability policy.
Providence Man Pleads Guilty to Filing False Tax Returns Linked to Catalytic Converter Theft Scheme
Theft activity spanned Rhode Island and Massachusetts