Fraud cancellation by Arbella of Point Insurance upheld by Market Review Committee after 2.5 hour hearing.
Insurance Law | Massachusetts
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.
Mass. DOI Revokes Producer’s Licenses Rejecting Criminal Conspiracy Claim
A producer who claims regulators are in a criminal conspiracy to revoke her producer licenses has lost her license in Massachusetts.
Will State Insurance Regulations Take The Punch Bowl Away From The Insurtech Party?
State insurance regulations are one area that some Insurtech companies ignore at their peril.
