After nine years of litigation, three agents must pay back $5.2 million for excessive fees charged on excess & surplus policies.
Six years after first filing to revoke the producer license of Andrew Crowther, the Division of Insurance enters into a consent agreement accomplishing the revocation.
A review of the enforcement actions and special investigations involving Mass. resident and non-resident producers during 2017.
January 3, 2012 – Attorney General Martha Coakley’s office recently announced that the premium finance company IPFS has agreed to pay the Attorney General’s Office $82,000 for unlawful auto insurance cancellations by failing to provide required notice prior to canceling policies. The AG’s office says that approximately $62,942 will be paid to more than 50 […]
Two premium finance companies, Premium Assignment Corporation (PAC), a subsidiary of SunTrust Banks, Inc. and FIRST Insurance Funding Corp. (FIRST), a subsidiary of Wintrust Financial Corporation settled with the Attorney General’s Office last week over its roles in assisting Kilgore Insurance Agency of Peabody, MA to defraud its insureds by padding premiums by millions of […]