An insurer’s failure to follow its practice of notifying brokers of late payments, grace periods and policy lapses did not invalidate a policy’s cancellation where notice sent under policy’s terms.
massachusetts
City of Taunton Settles Lawsuit against Its Former Insurance Agent for $3,125,000
The E&O insurer for a Bristol County agency paid the City of Taunton $3,125,00 to settle its claim of inadequate coverage advice.
$2 Million E&O Verdict Against Taunton Agency And Its President
February 13, 2018 – The City of Taunton won a $2 million verdict against its former insurance agent after a 13-day jury trial.