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Article: MASSACHUSETTS APPEALS COURT AFFIRMS LOWER COURT DECISION REQUIRING INSURANCE COMPANY TO PAY $415,000 PAYMENT TO COMMONWEALTH
- Article from:
- US Fed News Service, Including US State News
- Article date:
- August 12, 2009
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BOSTON, Aug. 11 -- The Massachusetts Attorney General issued the following news release:
The Massachusetts Appeals Court affirmed a Superior Court decision finding that Hanover Insurance Co. (Hanover) must pay the Commonwealth $415,000, or all of the remaining funds that have not yet been recovered from the theft of millions of dollars from the State Treasurer's office. This decision means that the Commonwealth will be made whole and will recover all of the approximately $9.4 million that was stolen as a result of the largest theft of state money in Massachusetts history, uncovered by the Attorney General's Office in 1999.
"We are pleased that the Appeals Court upheld this lower court ...