CAR Bulletin: DOI Disapproves Proposed Amendment to Rule 2: Definition of Eligible Risk
CAR Bulletin: DOI Disapproves Proposed Amendment to Rule 2: Definition of Eligible Risk Commonwealth Automobile Reinsurers (CAR) Bulletin 1076, dated March 29, 2019, reports the Division of Insurance (DOI) decision to disapprove a proposed amendment to Rule 2 of the Rules of Operation which sought to modify the definition of “Eligible Risk.”
License Issue and MAP
License Issue and MAP QUESTION This question was answered based upon current rules, regulations & statutes in effect on March 07, 2019 I just had an interesting scenario here in the agency. Someone came in currently working with an African refugee who has purchased a used vehicle. The Refugee has been permitted only for 1…
Co-Lessee on Vehicle RMV-1
Co-Lessee on Vehicle RMV-1 QUESTION This question was answered based upon current rules, regulations & statutes in effect on March 12, 2019 I called the dealer this morning for some clarification as my client is trying to tell me Linda is “only on the loan”. When I called the dealer to see if she is…
Dual Registration
Dual Registration QUESTION This question was answered based upon current rules, regulations & statutes in effect on March 08, 2019 We have a quick question on a MA auto client who is planning on buying a home in R.I. She will continue to work in MA full time & will keep her room at her…
Leominster AAA Office & RMV Services Move to New Location
Leominster AAA Office & RMV Services Move to New Location
Blue Light Permit
Blue Light Permit QUESTION This question was answered based upon current rules, regulations & statutes in effect on March 12, 2019 I am not sure who would be able to assist therefore I emailed both. I insure a police officer for his home and auto currently. He called today because he was told that he…
Spring is in the Air. Liquor is Everywhere!
Spring is in the Air. Liquor is Everywhere! Have clients hosting a one-day or multiple-day event involving liquor? Number One Insurance Agency has them covered with Hospitality’s Temporary Event Insurance Coverage.
Tech Talk: P&C Policy Cancellation and Nonrenewal in MA — Law v. Policy Language
Tech Talk: P&C Policy Cancellation and Nonrenewal in MA — Law v. Policy Language By Irene Morrill, CPCU, CIC, ARM, CRM, LIA, CRIS, CPIW — VP of Technical Affairs, MAIA
CAR Approves Radius Class and Geographic Classification Standards
CAR Approves Radius Class and Geographic Classification Standards Commonwealth Automobile Reinsurers (CAR) recently released BULLETIN NO. 1075, “Radius Class and Geographic Classification of Trucks, Tractors and Trailers and Public Automobile Standards.”
Ride Share Coverage
Ride Share Coverage QUESTION This question was answered based upon current rules, regulations & statutes in effect on March 11, 2019 I have a prospect who contacted me about covering her new ride share business here in Boston. I have access to the James River Program which is $125,000 MP but is apparently the sole…
E&O: What Exactly is an E&O Claim?
E&O: What Exactly is an E&O Claim? Does everyone in your agency know what E&O claims are, and how to avoid them? Are you sure? This article from Utica National’s risk management team explains Errors & Omissions claims in plain English. It’s a very important issue for new agency staff to understand, but even seasoned…
Travel Trailers
Travel Trailers QUESTION This question was answered based upon current rules, regulations & statutes in effect on March 12, 2019 Placing travel trailers on mass auto policy what are the disadvantages
Individual as Lienholder
Individual as Lienholder QUESTION This question was answered based upon current rules, regulations & statutes in effect on March 7, 2019 I have a quick question for you. I have a client that is purchasing a vehicle cash for their friend. I am currently working on the quote for this friend now for new business.…
WCRIBMA Special Bulletin: Policy Year 2016 Final VDAC Reapportionment
WCRIBMA Special Bulletin: Policy Year 2016 Final VDAC Reapportionment
Auto Policy for Permit Holder
Auto Policy for Permit Holder QUESTION This question was answered based upon current rules, regulations & statutes in effect on March 7, 2019 Good afternoon, I just had an interesting scenario here in the agency. Someone came in currently working with an African refugee who has purchased a used vehicle. The Refugee has been permitted…
Flood! Are You and Your Clients Prepared for Spring?
Flood! Are You and Your Clients Prepared for Spring? There are changes for NFIP taking effect on April 1, 2019. Keeping up with all the flood changes can be daunting and confusing. It doesn’t have to be a workout! Take the ‘work’ out of flood and let Number One Insurance Agency do it for you…
Philbin Insurance Raises Over $2,000 in Beanpot Challenge
Philbin Insurance Raises Over $2,000 in Beanpot Challenge In an effort to raise money for the Travis Roy Foundation, Philbin Insurance Group sent one of their own to hit the ice.
Use of Other Autos – M-0051-S
Use of Other Autos – M-0051-S QUESTION This question was answered based upon current rules, regulations & statutes in effect on March 7, 2019 Good Morning, I’m hoping to get some information on MA Endorsement M-0051-S-Use of Other Autos-Vehicles Furnished or Available For Regular Use Curious who should be buying this endorsement? Also, would it…