Source One Financial Corporation sued GEICO seeking a declaratory judgment that GEICO’s valuations resulting from reports compiled by Certified Collateral Corporation (“CCC”) did not comply with the DOI’s regulation.
mass auto insurance news
Video Of Auto Body Shop Owner Using Sledgehammer And Mallet To Get Larger Insurance Damage Payouts leads To Two And One-Half Year Sentence
The owner of Accurate Collision, Inc. of Worcester and ADH Collision of Boston, Inc. d/b/a Accurate Collision in Everett pleaded guilty to 18 counts of insurance fraud, 15 counts of larceny by false pretenses, three counts of attempted larceny and six counts of malicious destruction of property.
Tips to Help Insureds Avoid Auto Repair Shop Fraud: Part 3
Beware that shops may hold your vehicle hostage to try to collect improper and excessive fees and storage charges!
Mass. SJC Hears Inherent Diminished Value Recoveries For Third-Party Property Damage Claims Arguments
On May 5, 2021, the SJC heard an important case that could radically increase the damages that automobile insurers must pay for third-party property damage claims.
MA DOI Approves CAR Performance Standards
In an April 6, 2021 Decision and Order, the Division of Insurance approved the Proposed Amendments to the CAR Performance Standards.
