An 11-person commission studying crumbling foundations in Massachusetts recommends setting up a captive insurer to deal with the estimated $350 million in costs for affected homeowners.
Insurance Law | Massachusetts
Massachusetts Division of Insurance Fines & Special Investigations During 2019
The DOI Special Investigations Unit was involved in a total of 29 special investigations during 2019.
Massachusetts Highest Court Rules Insured’s Arson Does Not Bar A Coinsured’s Recovery Under Fire Policy For Chelsea Home
Massachusetts’ highest court, SJC, has interpreted the standard Massachusetts fire policy to allow an innocent coinsured to recover their pro rata share of a loss intentionally caused by a coinsured.
Insurance Producer Charged As An Unlicensed Investment Adviser Over Fixed Indexed Annuity Sales
Licensed insurance producers may sell annuities in Massachusetts, including indexed annuities without having security designations, albeit with caveats.
New Rule Raises Minimum Salary For Overtime to $35,568 As Of January 1, 2020
The Labor Department believes the new rule will give 1.3 million workers the right to overtime.
