The Division of Insurance revokes five individuals nonresident producer licenses and fines each of them based on their failure to report administrative proceedings against them.
Insurance Law | Massachusetts
Employee Leasing Company Owner To Serve Two Years For Workers’ Compensation Fraud And Tax Evasion
The employee leasing firm paid agricultural workers in cash not to leave any audit trail for carriers or the IRS.
Mass. Appeals Court Rules No Bad Faith By Insurer Settling And Not Appealing Adverse Verdict
A Superior Court ruling that an insured doctor had no viable claims against her medical malpractice insurer, ProSelect, for refusing to appeal and unilaterally settling a $5 million judgment.
Former Insurance CPA To Serve 18 Months For Not Reporting Embezzled Insurance Company Funds As Income
The former owner of a Boston forensic accounting firm focused on representing insurance companies was sentenced on December 18, 2017, in federal court in Boston.
Bail Revoked For Mass. Man Charged with Manslaughter In Attempted Insurance Fraud Scheme
Attempted insurance fraud leads to death of accomplice through the driver’s actions “to crash a car for the insurance coverage.”
