Identifying owner but not driver of hit-and-run vehicle does not trigger Uninsured motorist coverage.
Insurance Law | Massachusetts
Mass. DOI Hearing Officer Revokes Three Producers’ Licenses And Fines Licensees Total Of $6,500
Six thousand five hundred dollars in fines levied against three non-resident producer licenses for failure to report administrative actions on their licenses.
Point Insurance Loses Appeal Of Arbella’s Contract Cancellation At Market Review Committee
Fraud cancellation by Arbella of Point Insurance upheld by Market Review Committee after 2.5 hour hearing.
In A First, Mass. SJC Decides Whether Primary Policy with “Use Of Other Vehicles—Other Insurance” Clause Provides Excess Coverage Only
SJC ruling result in a primary insurer paying 9% and excess insurer paying 91% of every dollar paid over $1 million on large loss.
MassMutual Safety Fund Litigation Approved With Class Settlement of $37.5 Million
Class action settlement gets lawyers $9 million plus and average policyholder $22.02.