Diminished Value Not Covered by Standard Auto Policy, Massachusetts High Court Says January 31, 2025 By Andrew G. Simpson The Massachusetts standard auto policy does not require an insurer to pay inherent diminished value (IDV) to a claimant whose...
Massachusetts Judge Rejects Auto Insurance Class Actions Over Diminished Value June 23, 2023 By Andrew G. Simpson A judge in Massachusetts has denied class certifications for claimants seeking payments from two insurers for the lost resale value...
Proposed Mass. Bill Limits Auto Claims Investigations, Shifts Payments to Insurers November 2, 2021 By Elizabeth Blosfield A proposed bill was heard last month in the Massachusetts legislature that aims to place a time limit on auto...
Insurer Responsible for Damages After Massachusetts Officer Injured During Training October 26, 2021 By Elizabeth Blosfield Driving a truck too fast and injuring a fellow officer during a firearms training is not within the scope of...
Massachusetts SJC Issues Decision in Auto Insurance Dispute November 27, 2017 By Elizabeth Blosfield The Supreme Judicial Court in Massachusetts (SJC) has answered a question regarding the priority of coverage for two automobile insurance...
Mass. Court Finds Defendant Guilty of Insurance Fraud in Car Accident Case May 16, 2017 By Elizabeth Blosfield The Massachusetts Appeals Court has affirmed a lower court’s decision to charge the defendant in a case involving a Boston...
Small Business Insurance Site CoverWallet Pulls In $7.8 Million in Funding November 17, 2016 Online commercial insurance agency CoverWallet announced it has received $7.8 million in funding in a Series A round led by...
MAPFRE Enters Life Insurance Market in Massachusetts August 27, 2014 By Young Ha MAPFRE U.S.A. said it has begun selling a term life insurance product in Massachusetts, where MAPFRE’s affiliate Commerce Insurance Company...
Mass. Motorcycle Owners to Receive $14.6M in Refunds From Commerce July 8, 2014 Thousands of Massachusetts motorcycle owners will receive a total of $14.6 million in insurance refunds as a result of a...
Ratings Recap: Penn National, MGA, MAPFRE USA May 19, 2014 A.M. Best has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of...