Mass. Agents Group Says GEICO Failed to Report Some At-Fault Accident Data

January 25, 2013Email ThisPrintNewslettersTweetArticleComments

The Massachusetts Association of Insurance Agents (MAIA) this week has asked the state’s Merit Rating Board and the Division of Insurance to investigate GEICO for allegedly failing to report at-fault accident data to the Merit Rating Board, in violation of Massachusetts law and regulation.

MAIA vice president of communications Donna McKenna said that the association has provided the Division of Insurance and the Merit Rating Board with evidence that GEICO has on at least one occasion failed to notify the Merit Rating Board of an at-fault accident involving one of its policyholders.

A company’s failure to report at-fault accident information to the Merit Rating Board could result in a fine of not more than $500 for each violation, according to the MAIA.

The association has requested in a formal complaint that the Division of Insurance and the Merit Rating Board investigate not only the specific case the agents association outlined but also require GEICO to provide proof that, with the exception of this case, GEICO is in complete compliance with the reporting requirements.

The MAIA noted that under

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N.J. Crew Members Sentenced in Failed Bid to Sink Ship, Collect $400K

April 5, 2012Email ThisPrintNewslettersTweetArticleComments

Two men who admitted roles in a botched attempt to sink a fishing boat to collect insurance money are now headed to federal prison.

Erik James of Goshen and Christopher Martin of Wildwood both received 30-month terms when they were sentenced Tuesday. The men, who are both 40 years old, were former crew members on the Alexander II fishing boat.

The U.S. Attorney’s Office has said the pair and three other defendants — including the ship’s owner — sought $400,000 in insurance money. They took the boat to a point about 86 miles southeast of Cape May and tried unsuccessfully to sink it, after falsifying the ship’s log.

James and Martin had both pleaded guilty to complaints charging them with conspiracy to destroy the boat on the high seas.

 

Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Email ThisPrintNewslettersTweetCategories: East NewsTopics: Fraud, insurance fraudHave a hot lead? Email us at newsdesk

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