Our weekly roundup of updates and additional items of interest to the insurance industry Middlesex District Attorney’s Office Receives Grant for Insurance Fraud Investigations The Middlesex District Attorney’s Office has been awarded a $50,000 grant from the Insurance Fraud Bureau of Massachusetts, in coordination with the Commissioner of Insurance, to fund investigations and prosecutions of […]
Insurance Law | Massachusetts
Mass. Division of Insurance Hearing Officer Revokes Producer’s License and Fines Him $3,000
An insurance producer holding a nonresident license had his license revoked and fined $3,000 for failing to report out-of-state administrative actions.
New Massachusetts Law Requires $1 Million Liability Limit for Short-term Rentals
Homeowners doing Airbnb need to carry $1 million in insurance and register with Department of Revenue.
No Double Recovery For Bunker Hill Ins. Co. on Oil Spill Remediation Subrogation Lawsuit
A ruling allowing Bunker HIll Insurance to recover 150% of its remediation costs on a homeowner oil spill subrogation is cut back by the Appeals Court.
Amica Coverage Suit Advances Despite Insured’s Assault & Battery Guilt
Amica Mutual loses claim its insured’s criminal conviction for assaulting a police officer automatically barred coverage for the officer’s bodily injury lawsuit.
