Tech Talk: I’m Protected by the Homestead Act – I Don’t NEED Liability Insurance…
Tech Talk: I’m Protected by the Homestead Act – I Don’t NEED Liability Insurance… By Irene L. Morrill, CPCU, CIC, ARM, CRM, CRIS, MLIS, LIA, CPIW VP Technical Affairs, MAIA That is one of the most FOOLISH statements that I have ever heard, and it is SO UNTRUE! Don’t get me wrong. I think protecting…
Tech Talk: Your client wants to know! A taste of the upcoming October convention …
Tech Talk: Your client wants to know! A taste of the upcoming October convention … By Irene Morrill, CPCU, CIC, ARM, CRM, CRIS, MLIS, CPIW, LIA VP Technical Affairs, MAIA MAIA’s annual convention …the BIG EVENT … is just a few short weeks away. So, to whet your appetite and to entice you to attend,…
TECH TALK: ANOTHER INTERESTING HOMEOWNER INSURANCE QUESTION
Tech Talk: Another Interesting Homeowner Insurance Question Irene Morrill CPCU, CIC, ARM, CRM, CRIS, MLIS, LIA, CPIW VP Technical Affairs, MAIA One of your member benefits is getting your questions answered by MAIA staff. My “specialty” is insurance-related questions. One agent emailed me …. Is it building or content? Is it a chicken or a…
Pain and Suffering Worker’s Comp
Question Workers Compensation: This question was answered based upon current rules, regulations & statutes in effect May, 2022: We need clarification on whether or not “pain and suffering” is afforded under a work comp policy here in MA. Can you advise? Answer Irene Morrill: The ACORD certificate states: Part I benefits are state mandated …lost wages, medical,…
Tech Talk: Another Interesting Homeowner Insurance Question
Tech Talk: Another Interesting Homeowner Insurance Question Irene Morrill CPCU, CIC, ARM, CRM, CRIS, MLIS, LIA, CPIW VP Technical Affairs, MAIA One of your member benefits is getting your questions answered by MAIA staff. My “specialty” is insurance-related questions. One agent emailed me …. Is it building or content? Is it a chicken or a…
Charging Fees
Question Charging Fees: This question was answered based upon current rules, regulations & statutes in effect on July, 2022: Good afternoon. I am considering charging fees for: Registry services Making payments on behalf of the insured and passing on consultation fees that I incur for resolving a problem with the FMCSA Answer Kathy Cormier: I believe…
Principle Place of Business
Question Principle Place of Business: This question was answered based upon current rules, regulations & statutes in effect on January, 2021: I have a question on a Maine registered vehicle. I have a commercial insured (Massachusetts business) that has reregistered one of his commercial trucks in Maine that was previously registered in Massachusetts. My Massachusetts auto carrier…
2022 Q3 P&C Marketplace Summary
You are being provided this Massachusetts 2022 Quarterly P-C Premium Summary – Q3 as a benefit of your membership in the Massachusetts Association of Insurance Agents. Quarterly premium data reveals trends to give you, as members, a more “real time” sense of market conditions. Below are the highlights from the most recent quarterly data, as…
Adding and Removing Vehicles
Question Adding/Removing Vehicle This question was answered based upon current rules, regulations & statutes in effect on December 6, 2021: Agent: Quick question – this is the first time in almost a decade I ran into this situation so I’m trying to figure this out. We have a composite rated policy with Symbol 1 – at renewal…
Commercial Auto with Out of State Garaging
Question Commercial Auto with Out of State Garaging: This question was answered based upon current rules, regulations & statutes in effect August, 2022: I feel like I know the answer to this but hoping to confirm with you. We have a client in commercial lines that has a commercial auto policy and purchasing a new vehicle…
Can a Bobcat be Registered?
Question Can a Bobcat be registered? This question was answered based upon current rules, regulations & statutes in effect on October 20, 2021: Can a Bobcat (very small four-wheel front loader that cleans the sidewalks of snow) be registered? Please advise! Thanks! Answer Kathy Cormier: In the opinion of the Massachusetts RMV, a Bobcat (Skid Steer) is…
License Suspension Hearing
Question License Suspension Hearing: This question was answered based upon current rules, regulations & statutes in effect on July, 2022: I have a customer that had their license suspended but has now cleared up all the issues for the suspension. What is the easiest way to get a hearing? Do you think walking into the Milford…
Can you have a Motorcycle Policy without a Motorcycle permit-license?
Question Can you have a Motorcycle Policy without a Motorcycle permit/license? This question was answered based upon current rules, regulations & statutes in effect on July, 2022: I’ve checked with everyone that I work with and no one seems to know the answer to this. We have an insured who is trying to register and insure…
Adding Additional Insurance to HO Policy
Question Adding Additional Insurance to HO Policy: This question was answered based upon current rules, regulations & statutes in effect August, 2022: I have an insured that is going to install a generator for their house in Scituate, and the only place to put it is next to their neighbor’s generator on their neighbor’s property. The neighbors is…
New RMV Service Center Services Handout
New RMV Service Center Services Handout A new handout called RMV Service Center Services (document LIC118) has been created. This handout contains information on which RMV transactions require an appointment, which can be processed in an RMV Service Center without an appointment, and which cannot be processed in RMV Service Centers. View the handout HERE. Please…
Moped Expiration Decal Change
Moped Expiration Decal Change Moped registrations/plates are valid for two years and expire on the last day of March. Currently, moped expiration decals are issued with the format MONTH YEAR (example: MAR 23, MAR 24). Beginning with moped registrations/plates expiring in March 2025, we are switching to the standard expiration decals that are used for…
New RMV Service Center Services Handout
New RMV Service Center Services Handout A new handout called RMV Service Center Services (document LIC118) has been created. This handout contains information on which RMV transactions require an appointment, which can be processed in an RMV Service Center without an appointment, and which cannot be processed in RMV Service Centers. View the handout HERE. Please…
Moped Expiration Decal Change
Moped Expiration Decal Change Moped registrations/plates are valid for two years and expire on the last day of March. Currently, moped expiration decals are issued with the format MONTH YEAR (example: MAR 23, MAR 24). Beginning with moped registrations/plates expiring in March 2025, we are switching to the standard expiration decals that are used for…