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This order makes a total of $10.4 million in fines so far this year for violation of the prompt-payment laws by insurers and HMOs. In August, seven insurers were slapped with $9.25 million in fines.
Delta Dental of Massachusetts, which has about 2.2 million members, says the move is necessary to attract budget-conscious businesses and consumers amid a slowdown in its growth.
In Tocci v. IRIV Partners, LLC, Boston Harbor Industrial Development LLC and Hudson Insurance Co. (November 19, 2020, Sup. Ct. 19-405), the Massachusetts Superior Court granted summary judgment on ...
The Massachusetts Legislature passed the state’s Prompt Pay Act 14 years ago to improve the downstream flow of money on most large-scale private construction projects.
It's not about money but it's about money," said President of TMA Tom B. Hancher. "Prompt pay has become an issue because of the no-pay, slow-pay, racketeering of insurance companies," Hancher ...
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