A sales agent’s advice to insured’s on lapsing and reapplying for life coverage leads to $1 million damage claim.
Insurance Law | Massachusetts
QBE To Refund $2.4 Million In Improper Charges To Massachusetts Homeowners
The findings stem from the results of an audit conducted by the Attorney General’s office on QBE policies during the years from 2008 until 2015.
City of Taunton Settles Lawsuit against Its Former Insurance Agent for $3,125,000
The E&O insurer for a Bristol County agency paid the City of Taunton $3,125,00 to settle its claim of inadequate coverage advice.
Mass. Court Rules Zurich’s Builders’ Risk Policy Does Not Provide Coverage for Suit Against Builder Of Needham Home
A federal judge has ruled that a builders risk policy provided no defense or indemnity to a builder for third-party lawsuits alleging defective construction.
Mass. DOI Revokes License For Allowing Employee with Breach of Trust Conviction to Work in Insurance Agency
Agency loses license for violating federal law against employing persons convicted of crimes for breach of trust without permission of commissioner.