A case involving an insured’s claim of bad faith in requiring a $2.2 million letter of credit for runoff liabilities and for refusing to pay $112,999 retrospective premium denied.
Insurance Law | Massachusetts
$2 Million E&O Verdict Against Taunton Agency And Its President
February 13, 2018 – The City of Taunton won a $2 million verdict against its former insurance agent after a 13-day jury trial.
Producer License Revoked For Failing To Report Guilty Plea On Stealing $260 Thousand in Benefit Checks From Disabled Veterans
Glenn Pearson argued “mitigating circumstances” to try to keep his producer license during the four years he is going to serve for embezzling veterans’ benefit checks.
Dover Insurance Broker Sentenced To Jail For Tax Fraud But Keeps Producer License
Anthony May received eight months in federal prison for income tax evasion but the Division allowed him to keep his producer license.
Six Things Mass. Agents Should Know About Public Insurance Adjusters
Essential items that Massachusetts insurance professionals should know with respect to public insurance adjusters as climate change causes more and more CAT losses.
