Insurance entities that pay employees commissions and employees who earn commissions from them may wish to revisit their commission agreements based on this recent decision from the Massachusetts Supreme Judicial Court.
Insurance Law | Massachusetts
Is It Overtime Or On Your Own Time? A Class-Action Suit Alleges That Studying For Employer-Required Insurance Licenses Should Be Considered Overtime
A class action suit seeking overtime pay for unlicensed employees a bank hired who were to sell insurance and investment products after they obtained on their own time the necessary insurance and security licenses recently failed in Federal Court in Boston.
Massachusetts New “Hands-Free” Law Has Grace Period Until March 31, 2020
Starting April Fools’ Day, violations will result in fines, classes, and insurance surcharges.
Special Commission Urges A State Captive Insurer To Solve $350 Million Crumbling Foundation Problem
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.
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.