Endorsement

In honor of Mr. Wilson, who is giving a class at The Big Event today, we thought we would publish his latest insurance commentary post.

The industry needs disruption and can benefit greatly from technology, but not the kind being offered by most of the insurtechs I’ve looked at.

Insurance expert, Mike Rodman, opines on agents and brokers finding pitfalls in their contractor clients' liability policies.

A Massachusetts Court rules ridesharing exclusion does not bar secured lender's recovery under auto policy.

A Massachusetts District Court found that Atain Speciality had no duty to defend a Boston pedicab company nor its employee, nor did it have a duty indemnify them because the case involved a claim arising out of "an auto and the exclusion applied to the claim."

Dubbed Massachusetts' new "AirBnB Rule", the new regulations involving short-term rentals include owner registration and the requirement of a million-dollar liability policy.

On Monday, December 16, 2019, the Supreme Judicial Court decided the question of whether the consent-to-settle clauses commonly found in professional liability policies violated the unfair claim practice provision of M.G.L. c. 176D, § 3 (9) (f).

The First Circuit Court of Appeals has affirmed $6.5 million of the $8.4 million unfair claim practice judgment that Capitol Specialty Insurance Corporation had appealed from the United States District Court sitting in Worcester, Massachusetts.

The CAR Commercial Lines Committee has unanimously voted to recommend to the CAR Governing Committee, among other changes, a new commercial automobile application, and additional insured endorsement.