Our weekly roundup of updates and additional items of interest to the insurance industry Middlesex District Attorney’s Office Receives Grant for Insurance Fraud Investigations The Middlesex District Attorney’s Office has been awarded a $50,000 grant from the Insurance Fraud Bureau of Massachusetts, in coordination with the Commissioner of Insurance, to fund investigations and prosecutions of […]
ma insurance news
New Massachusetts Law Requires $1 Million Liability Limit for Short-term Rentals
Homeowners doing Airbnb need to carry $1 million in insurance and register with Department of Revenue.
Cambridge Mobile Telematics Secures $500 Million to Expand its Insurer-Targeted Safe Driving App
Smartphone app revolutionizing driver risk measurement for insurers.
The Hilb Group’s December Hat Trick: Three Mass. Agencies Purchased in a Month
The fast-growing Hilb Group acquired three Massachusetts agencies in December.
MetLife Pays $1 Million Fine to State for Failing to Pay Retirees
Metlife’s failure to pay some retirees under pension risk transfers leads to consent agreement and fine.