The National Flood Insurance Program (“NFIP”) reports that from 2008 to 2012, the average residential flood claim amounted to more than $38,000 and that is why the NFIP on its website “encourages people to purchase both building and contents coverage.” However, on April 1, 2015, an unfortunate Swampscott homeowner, Jacob Matusevich, who had purchased flood […]
Insurance Law | Massachusetts
Family Members in Insurance And Tax Fraud Scheme to serve almost 12 Years In Federal Prison
March 29, 2015 – Four family members plead guilty to defrauding IRS and Granite State Insurance.
Indictments On $615,000 Workers’ Compensation Premium Fraud
March 29, 2015 – The indictments include seven felony counts of workers’ compensation insurance premium fraud and four felony counts of grand larceny.
New Surchargeable Violation For No Headlights When Windshield Wipers Needed
March 22, 2015 – What you and your insureds should know about the new surchargeable violation.
Appeals Court Affirms Trial Decision On Commissions Due To Insurance Agent
March
