“Auto Equipment” and the AIB MAP and ISO HO
June 20, 2023 Written By: Irene Morrill, CPCU, CIC, ARM, CRM, CRIS, MLIS, LIA, CPIW – Vice President of Technical Affairs, MAIA One of your member benefits is asking questions of MAIA staff. We love answering questions, but sometimes we can provide “an answer” as there might not be “the answer.” The following is a…
Policy for Auto and MC
*This question was answered based on current rules, regulations & statutes in effect as of May 2023. Question Has there been any article from MAIA about having an automobile and a motorcycle on the same policy and whether that is the wrong thing to do? Some carriers will allow them to be on the same…
Adding a Newly Licensed Driver to MAP
*This question was answered based on current rules, regulations & statutes in effect as of May 2023. Question Is there a new law regarding when a Newly Licensed/Permitted driver must be added to an auto policy? We have an insurance company that automatically added a driver with a permit to the policy without our request,…
2023 Massachusetts Annual P&C Marketplace Summary
You are being provided this 2023 Massachusetts Annual P&C Marketplace Summary covering the Massachusetts property and casualty (P&C) insurance marketplace as a benefit of your membership in the Massachusetts Association of Insurance Agents. What follows is a graphic and numeric presentation of the Massachusetts P&C industry data from an independent agent’s perspective. The data used…
Suspension of Coverage on Salvage Vehicles
*This question was answered based on current rules, regulations & statutes in effect as of May 2023. Question I have an insured whose vehicle was totaled in an accident. It was totaled only because of dollars and cents. Nothing structural. So the insured negotiated to keep the vehicle. After the payout, the carrier suspended physical…
2023 MAIA Advocacy Fund Contributors
We sincerely thank the following independent agents for contributing to the 2023 MAIA Advocacy Fund. Your contributions will directly support efforts to protect your business interests and ensure a fair legislative and regulatory environment. THANK YOU! A David Risman Insurance Agency, Inc. A. P. Michaud Insurance Inc Acrisure Aronson LLC Adams Village Insurance Ahmed Insurance…
Food Concession Trailer
*This question was answered based on current rules, regulations & statutes in effect as of May 2023. Question I have a prospect that owns a food trailer and is looking for GL and WC – The vehicle that will be pulling the trailer is registered to a different business entity with separate insurance. They haven’t…
Joint Committee on Financial Services Hearing Summary
MAIA President & CEO Nick Fyntrilakis testified at the Joint Committee on Financial Services Hearing at the State House in Boston on Monday, May 8th. His testimony focused on MAIA’s priority legislation this session; HB1006/SB606, “An Act relative to the compulsory automobile insurance limits,” filed by State Rep. Finn / State Sen. Crighton). Read MAIA’s…
MAIA Board Nominations
The Board of Directors Nominating Committee seeks experienced, energetic nominees to serve on MAIA’s Board. Strengthen your professional network and impact legislation that affects our industry and livelihood. Collaborate on practical solutions to help members address challenges such as talent recruitment, technology, and how to thrive in today’s competitive landscape. To serve on MAIA’s Board…
Redesigned Red Sox Plates
Beginning May 8, a redesigned version of the Red Sox special plate will be available on the RMV website (www.mass.gov/rmv) and can be ordered through RMV Service Centers. The new plate design features a pair of red socks with a blue heart between them. Read the full update here. Questions? Contact Kathy Cormier at 508-634-7353 or…
2023 MAIA Advocacy Fund
As a valued member of MAIA, you can rest assured that you have a dedicated team of advocates working tirelessly on your behalf. We understand the challenges that regulatory and legislative issues can pose to your business, and we are committed to achieving results that benefit you. With your help, we can continue to make…
MAIA Visits Congressional Delegation in DC
Last week, we met with our Congressional Delegation to discuss numerous issues at the Big “I” Legislative Conference. We discussed priorities impacting independent agents, including small business tax fairness, reauthorization of the National Flood Insurance Program (NFIP), and concerns regarding the Federal Trade Commission’s (FTC) Non-Compete proposal. Read the complete Issue Summary here.
Cassandra Koegel Receives the YAC Champion Award
Last week during the Emerging Leaders Luncheon at the Big “I” Legislative Conference, the achievements of our Young Agents were recognized. Our very own YAC Co-Chair, Cassandra Koegel, AVP of Business Development at Eastern Insurance Group, received the Young Agent Champion Award. This award is selected by the Big “I” National Young Agents Committee (YAC)…
B2B Requirements
To establish standards for Business-to-Business (B2B) service and operation in the Service Centers, effective May 2, 2023, the requirements described in this training update will apply to all Service Centers offering B2B service and to the use of B2B service by dealerships, insurance companies, fleets, and “runners.” View the updated B2B Requirements here. View the…
Taxi Registration Requirements
Beginning May 1, 2023, the RMV will require and verify that all applicants for a taxi registration either carry the required commercial insurance coverage for a taxi OR be “self-insured” through the process available through the State Treasurer (pursuant to General Laws Chapter 90, § 34D-F). Also, effective May 1, 2023, the RMV will require…
Redesigned Quebec Registrations
In February 2023, Quebec redesigned its Registration Certificates. The most notable change is that certificates are now printed on plain white paper; they were previously printed on green paper. Also, the new certificates only display fields that are relevant (for example, axles, unit number, and vehicle status). Both the new white certificates and old green certificates will…
Host Liquor Coverage and the ISO Homeowners Policy
April 19, 2023 Written By: Irene Morrill, CPCU, CIC, ARM, CRM, CRIS, MLIS, LIA, CPIW – Vice President of Technical Affairs, MAIA An agent recently asked: We have been questioning if MPIUA has an exclusion for Host Liquor Liability. Someone has brought it to our attention, but we have read the policy form, and we…
Congratulations, 2023 Scholarship Winners!
AILP Bobbi Driscoll – Gaudette Insurance George Bitsakis – First American Insurance Holly Lafountaine – Aquadro & Assoc Inc Keri Rusicano – The Dowd Agencies Kim Johnson – The Hills Insurance Agency CIC Cheryl Mawaka – Laporte Shea Borys Insurance Agency Inc. Gregory Silva – Amazonia Insurance Agency Julie Osborne – O’Donoghue Insurance CISR Brittni Robidoux – Moulton Insurance Yu-Husan (Cindy)Chang – Soo Hoo Insurance Agency Kelli White – First…