MAIA Board of Directors Seeks Nominees
Be part of the solution! MAIA’s nominating committee is seeking collaborative problem solvers to serve on our Board of Directors. Bring your experience, energy, and perspective to the table as we develop practical solutions to help our members address challenges such as talent recruitment, technology, and business optimization.
DOI Bulletin: Individual Insurance Licensing During COVID-19
The MA Department of Insurance (DOI) has issued Bulletin 2020-12, which confirms the news we shared last week, that all insurance licenses that were “in good standing” as of March 10 will remain valid for 90 days after the Emergency Declaration is lifted. The DOI encourages licensees to complete CE requirements in advance of their…
RMV Insurance Stamp
This question was answered based upon current rules, regulations & statutes in effect on March 25, 2020 QUESTION Is the RMV allowing faxed copies of the stamped RTA for clients purchasing vehicle from private sale? Some clients don’t have printers. I know they allow for dealers to do it this way. I thought I…
Family Exemption
This question was answered based upon current rules, regulations & statutes in effect on March 2, 2020 QUESTION We have a title in the mother and sons name. The mother wants her name off the title loan is paid off. Does the son now have to pay sales tax on the car?
CAR Bulletin No. 1097 – Guidance for Servicing Carriers and Exclusive Representative Producers during the COVID-19 Public Health Crisis
CAR Bulletin No. 1097 – Guidance for Servicing Carriers and Exclusive Representative Producers during the COVID-19 Public Health Crisis According to Commonwealth Automobile Reinsurers (CAR) Bulletin 1097, the Registry of Motor Vehicles has requested that CAR issue a bulletin to advise industry participants of the RMV’s new Registration and Title Application (RTA).
RMV Extends Registrations by 60 Days for March/April Expirations
RMV Extends Registrations by 60 Days for March/April Expirations Effective immediately, the RMV has extended all passenger plates/registrations that expired in March and that are due to expire in April for 60 days. Customers who have not renewed a registration that expired on March 31, 2020 have been extended until May 31, 2020. Customers who…
PAN or AHN
PAN or AHN This question was answered based upon current rules, regulations & statutes in effect on March 10, 2020 QUESTION I have a client who has welded a slide-on camper to his pickup truck. I’ve been informed the slide-on does have a running toilet. Is this pickup truck now a camper that will…
Event Cancellation – Coronavirus
Event Cancellation – Coronavirus This question was answered based upon current rules, regulations & statutes in effect on March 10, 2020 QUESTION I am looking to find coverage for a one-day event if it were to get a canceled due to the Corna virus. My insured is planning an engagement party in May at…
E&O Risk Management: What Agents Should NOT Say About Coverage
E&O Risk Management: What Agents Should NOT Say About Coverage This E&O Risk Management Alert from Utica National gives advice for agents and producers to help avoid E&O claims: “During this time of crisis, it is imperative that insurance agents and producers do not make any statements or representations to their clients regarding the potential…
FFCRA & CARES Act: Resources for Independent Agents
FFCRA & CARES Act: Resources for Independent Agents The Families First Coronavirus Response Act (FFCRA) and Coronavirus Aid, Relief, and Economic Security (CARES) Act open up many new avenues of assistance to help prevent more workers from losing their jobs and small businesses from going under. These resources will help you understand and benefit from…
InsurBanc Will Work with Eligible Agencies to Obtain PPP Loans
InsurBanc Will Work with Eligible Agencies to Obtain PPP Loans As you know, Congress recently approved $350 billion through various SBA lending programs to help small businesses survive and recover from losses suffered during this crisis. InsurBanc is prepared to work with eligible agencies to obtain the emergency financing offered through the Paycheck Protection Program. This program…
Spread Positivity! #19ActsofKindness
Spread Positivity! #19ActsofKindness Venmo coffee money to a friend who’s a nurse, doctor or first responder. Leave essential products on your porch for delivery drivers. Those are just two ideas from a list of 19 Acts of Kindness developed to create positive experiences during the COVID-19 crisis. MAIA is joining with the Big “I” Young…
New Vehicle – No Title
New Vehicle – No Title This question was answered based upon current rules, regulations & statutes in effect on February 11, 2020 QUESTION Quick question for you. I have an insured that called me last week & said he was getting a 2018 truck. He picked it up Friday 2/7/20 & I haven’t received the…
FEMA Extends Grace Period for Flood Insurance Renewals
FEMA Extends Grace Period for Flood Insurance Renewals To help serve its National Flood Insurance Program (NFIP) customers who may be experiencing financial hardships related to the COVID-19 pandemic, FEMA is extending the grace period to renew flood insurance policies from 30 to 120 days. This extension applies to NFIP flood insurance policies with an…
Doordash
Doordash This question was answered based upon current rules, regulations & statutes in effect on February 12, 2020 QUESTION I have a client who is looking into part-time with Doordash. How is personal lines client addressing using personal vehicle for doordash? Any thoughts?
SD.2888 and Other Proposed Legislation to Cover COVID-19 BI Claims
SD.2888 and Other Proposed Legislation to Cover COVID-19 BI Claims As the legislative and regulatory landscape continues to shift day by day, MAIA and our national association, The Big “I,” are working hard to ensure that independent agents are well represented. Many of you have reached out with questions about the highly publicized bills being…
RMV to Mail IRP Renewals in Monthly Batches Starting in April
RMV to Mail IRP Renewals in Monthly Batches Starting in April MAIA spoke to the RMV today (Friday, March 27), and they are still on point to start mailing IRP renewals, but will be changing the process this year. Instead of mailing all renewals at once, they will separate the renewals into three groups and…
RMV Enforcing No Walk-In Policy
RMV Enforcing No Walk-In Policy Effective Friday, March 27th, the RMV will be enforcing a strict no walk-in policy at its eight Service Centers open to the general public. The only transactions that will be processed at service centers are those that require an in-person transaction, including Commercial Driving Licenses or Permits (CDLs / CLPs), some new…