Tech Talk: Banks and Binders – Can They Really Ask for THAT?
Tech Talk: Banks and Binders – Can They Really Ask for THAT? by Irene Morrill, CPCU, CIC, ARM, CRM, MLIS, CRIS, LIA, CPIW VP Technical Affairs, MAIA August 23, 2021 I have had a plethora of questions from MA agents about mortgagee companies, banks, and binders and what they want to see. This topic…
OOS Vehicle Purchase
Question OOS Vehicle Purchase – 08/23/21 Personal This question was answered based upon current rules, regulations & statutes in effect on August 4, 2021 Kathy Cormier response in red: This is a two-fold question. We have customer in PA purchasing a new vehicle, she asks for coverage to be added as she is having it hauled…
Lease Buy Out
Question Lease Buy Out This question was answered based upon current rules, regulations & statutes in effect on August 4, 2021 I hope this email finds you well and your enjoying summer! I’m running into a situation with a lease buy out. I’ve heard that there are 2 types of leases buy outs one a stamped…
Non-Listed HHMs and Claim
Question Non Listed HHMs and Claim This question was answered based upon current rules, regulations & statutes in effect on August 10, 2021 Hope your having a great day. We have a client whose son borrowed his vehicle for the one time because his vehicle broke down. He had a minor fender bender while driving his parent’s…
Got Lawyer Clients? Get Them the Coverage They Deserve
Got Lawyer Clients? Get Them the Coverage They Deserve The changing business climate in 2020 and 2021 has made lawyers professional liability insurance (LPLI) more important than ever. If you’re providing a lawyer client with Workers’ Comp (WC) but not LPLI, take the opportunity to grow your book and improve your value to the client…
FREE Workshops to Make Your Customer Experience Skyrocket? Yes, Please!
FREE Workshops to Make Your Customer Experience Skyrocket? Yes, Please! Customer expectations have changed. A lot. That’s why MAIA is working with Hamilton Cornell on FREE, top-quality CX (customer experience) training workshops for agency employees. The program has options for any sized agency, and is fully funded by the MA Workforce Training Fund. Build important…
Removing Operator
Question Removing Operator This question was answered based upon current rules, regulations & statutes in effect on August 10, 2021 My daughter has an insurance policy with Geico (don’t even get me started on that one), and a couple of months ago, added her father on as the primary driver, as he was going to just…
Got Lawyer Clients? Get Them the Coverage They Deserve
Got Lawyer Clients? Get Them the Coverage They Deserve The changing business climate in 2020 and 2021 has made lawyers professional liability insurance (LPLI) more important than ever. If you’re providing a lawyer client with Workers’ Comp (WC) but not LPLI, take the opportunity to grow your book and improve your value to the client…
ATLAS Documents Updated with Registrar Ogilvie’s Name
ATLAS Documents Updated with Registrar Ogilvie’s Name As of August 13th, newly appointed RMV Registrar Colleen Ogilvie’s name and signature are displayed on all documents that are system-generated through ATLAS. The RMV will provide further updates regarding new cards and Registrar Stamp distribution when they become available. Revised documents include: Temporary Licenses/IDs Learner’s Permits Registration…
RMV & FMCSA Coming to MAIA’s Big Event!
RMV & FMCSA Coming to MAIA’s Big Event! Saturday, October 30th, at the Big Event is your chance to get up to speed on road-related topics! Registrar Ogilvie will be presenting a Registry Update and a Q&A. In addition, you can hear from Matthew Poirier, Highway Safety Specialist for the Federal Motor Carrier Safety Administration…
Application Not Signed and Coverage
Question Application Not Signed and Coverage This question was answered based upon current rules, regulations & statutes in effect on August 9, 2021 I hope this message finds you well. What should I do in this situation? The client paid in full for the GL policy via check payable to the agency. The agency deposited the…
ATLAS Documents Updated with Registrar Ogilvie’s Name
ATLAS Documents Updated with Registrar Ogilvie’s Name As of August 13th, newly appointed RMV Registrar Colleen Ogilvie’s name and signature are displayed on all documents that are system-generated through ATLAS. The RMV will provide further updates regarding new cards and Registrar Stamp distribution when they become available. Revised documents include: Temporary Licenses/IDs Learner’s Permits Registration…
RMV & FMCSA Coming to MAIA’s Big Event!
RMV & FMCSA Coming to MAIA’s Big Event! Saturday, October 30th, at the Big Event is your chance to get up to speed on road-related topics! Registrar Ogilvie will be presenting a Registry Update and a Q&A. In addition, you can hear from Matthew Poirier, Highway Safety Specialist for the Federal Motor Carrier Safety Administration…
Interpreter Needed
Question Interpreter Needed This question was answered based upon current rules, regulations & statutes in effect on August 9, 2021 We seem to have more and more auto leads coming in from “out of town” (Boston). I understand we are not allowed to decline the business solely based on the territory. Some of these people do…
3rd Party Rental 2
Question 3rd. Party Rental This question was answered based upon current rules, regulations & statutes in effect on July 16, 2021 Simon Smith was in an accident and he was rear-ended by another vehicle. That person has progressive and Progressive is stating they don’t pay for 3rd party rentals, even though our insured is NOT at fault.…
Important Updates on NFIP Risk Rating 2.0
Important Updates on NFIP Risk Rating 2.0 The October 1st implementation of Risk Rating 2.0, FEMA’s all-new pricing methodology for the National Flood Insurance Program (NFIP), is approaching! Quoting and policy issuance for Phase 1 of Risk Rating 2.0 has been pushed back from August 1st to at least August 16th. Flood is tricky in…
Liability Non Listed Operators
Question Liability Non Listed Operators This question was answered based upon current rules, regulations & statutes in effect on July 16, 2021 If there is a policy with Progressive in place and all drivers in HH are not listed but have insurance with another company (Commerce), and a non listed driver has a minor fender bender…
Livery Plate or Commercial Plate
Question Livery Plate or Commercial Plate This question was answered based upon current rules, regulations & statutes in effect on July 16, 2021 We have a new customer whose policy becomes effective on 07.28, but he has a Livery plate that needs to be changed to a Commercial plate before the underwriter will sign off on…