Michael Merullo, et al v. Amica Mutual Insurance Company

In Michael Merullo, et al v. Amica Mutual Insurance Company, the United States District Court for the District of Massachusetts held that the 2016 Massachusetts Standard Automobile Policy explicitly excluded coverage for third party claims on inherent diminished value...
Nuclear Verdicts and Social Inflation Are on the Rise

Nuclear Verdicts and Social Inflation Are on the Rise

by Laura Gregory BOSTON — Nuclear verdicts, often defined as jury verdicts of $10 million or more, are on the rise nationwide, are increasing in both amount and frequency and have numerous negative implications for the insurance industry. Laura Gregory, Esq., CPCU,...