MPUIA Revises Premium Installment Program to 8 Payments
MPUIA Revises Premium Installment Program to 8 Payments The Massachusetts Property Insurance Underwriting Association (MPUIA) has asked MAIA to inform our members that they have posted a Revised Premium Installment Plan July 2021 notice on the MPIUA website to inform MA licensed producers (agents, brokers and special agents) of the recent expansion of the MPIUA…
Revised Registration-Related Forms
Revised Registration-Related Forms The RMV has revised six forms to indicate that a complete Registration and Title Application (RTA), including an insurance company stamp, must be submitted as part of the transaction. The revised forms are applications for special plates and vanity plates. Full titles and numbers of the revised forms are listed below: Application for an…
Now is the Time to Discuss Flood Insurance with Your Clients! These Marketing Tools Can Help
Now is the Time to Discuss Flood Insurance with Your Clients! These Marketing Tools Can Help Everyone in MA has flood risk exposures, especially now, with hurricane season upon us! Heavy rains, high winds, swelling tides, storm surges… it’s all coming! Even inland, flash floods happen when saturated soil can’t absorb rainwater fast enough, or…
Two RMV Reminders: Revocation Timeframe and Out-of-State Insurance
Two RMV Reminders: Revocation Timeframe and Out-of-State Insurance Seeing an increase in service calls, the RMV has asked us to remind agents of their policies on registration revocation and out-of-state insurance: 1) To avoid an insurance revocation action, customers must have proof of coverage with a policy effective date that PRECEDES the scheduled revocation date;…
What Are Agents Saying About Our Flood Concierge Program?
What Are Agents Saying About Our Flood Concierge Program? By now, you’ve probably heard of the Flood Concierge Program from MAIA’s Number One Insurance Agency. In short, our experienced team services your flood clients on your behalf, and you get 60% of our commission. But what do the MA insurance agents who use Flood Concierge…
Big “I” ACT Releases Free Tool for Agency Cyber Self-Assessment
Big “I” ACT Releases Free Tool for Agency Cyber Self-Assessment MAIA / Big “I” members can access a free online self-assessment tool to determine where they stand on cyber-readiness, including vulnerabilities, best practices, and compliance with the ever-growing list of regulations and legislation surrounding cybersecurity compliance. Developed by the Big “I” Agents Council for Technology…
Could Your Agency Protection Use Some Backup?
Could Your Agency Protection Use Some Backup? COVID-19 has brought an increase in discrimination and wrongful termination claims, cyber breaches, and liability claims, and agencies are not immune. Has your coverage kept pace with how you operate today? Are you adequately protected, not just with Agents’ E&O, but with Cyber and EPLI? Agency BOP? Commercial…
Flood Insurance Got You Baffled? Let Us Help You Move in the Right Direction!!
Flood Insurance Got You Baffled? Let Us Help You Move in the Right Direction!! The constant changes surrounding flood insurance create a challenge for many agents, with some even choosing to not promote and service this market. Take a new approach, with the support you need, by working with the Flood Concierge Team at MAIA’s Number…
It’s Happy Hour! Break Out the Liquor Liability Insurance!
It’s Happy Hour! Break Out the Liquor Liability Insurance! Massachusetts restaurant and bar owners are shouting “Hallelujah!” as the state lifts more COVID restrictions, and they require Liquor Liability coverage for re-opening. You can provide the protection they need through Number One Insurance Agency’s Hospitality Program! In addition to monoline Liquor Liability, we offer Hospitality’s…
MAIA Advocates for Exclusion of PPP Loans from Taxable Income
MAIA Advocates for Exclusion of PPP Loans from Taxable Income Going to bat for agents after hearing their concerns, MAIA contacted several members of the MA House/Senate leadership to express our support for SD.172, An Act providing financial relief to small businesses during the COVID-19 pandemic. This legislation would allow for critical financial relief to…
REAL ID Documentation Revised to Reflect New Enforcement Date
REAL ID Documentation Revised to Reflect New Enforcement Date The MA RMV has revised the REAL ID documentation and Mass.Gov/RMV website to reflect the new full enforcement date of May 3, 2023. The following REAL ID documents have been updated and are available online: Identification Documents Checklist (LIC115); Driver’s Manual; and REAL ID vs. Standard…
RMV COVID-19 Policies Being Rescinded on 5/29
RMV COVID-19 Policies Being Rescinded on 5/29 Governor Baker’s Executive Order establishing COVID-19 policies will be rescinded on May 29th. As a result, the following RMV policies will be changed: 1) The grace period for registration transfers after vehicle purchase will revert back to 7 days; 2) The in-car observation hours for junior operators will revert…
Congratulations to K. Douglas Briggs, 2020 Insurance Professional of The Year
Congratulations to K. Douglas Briggs, 2020 Insurance Professional of The Year K. Douglas Briggs, Chairman and CEO of the Quincy Mutual Group, was recently honored as the 2020 Insurance Professional of The Year by the Insurance Library Association of Boston. Doug and Quincy Mutual have always been great supporters of MAIA, and we hope you…
Discounts on Digital Agency Resources Are Right at Your Fingertips!
Discounts on Digital Agency Resources Are Right at Your Fingertips! You’ve seen the statistic that digital agencies grow 60% faster than their old-school counterparts. Maybe you can’t eliminate ALL paper, snail mail, and faxes, but you can make giant leaps toward your digital agency goals by taking advantage of your exclusive member discounts on these digital tools…
Your Client Needs an Umbrella! Sell Them One That Fits
Your Client Needs an Umbrella! Sell Them One That Fits As insurance agents and New Englanders, we know how quickly a sunny day can turn into Nor’easter. Make sure your insureds are prepared for unexpected “storms” with an umbrella solution that fits their needs. Through MAIA’s Number One Insurance Agency, you can offer excellent…
MAIA’s Advocacy Team Is Counting on Your Annual Support!
MAIA’s Advocacy Team Is Counting on Your Annual Support! As members, you have a powerful team of MAIA advocates working on your behalf to address regulatory and legislative issues that impact your business. Alone, you might not have the ability to influence public policy, but together we achieve impressive results (Fair & Accurate Quotes! Increased…
Tech Talk: Words Are “Wicked” Important in Both Personal and Commercial Lines
Tech Talk: Words Are “Wicked” Important in Both Personal and Commercial Lines by Irene Morrill, CPCU, CIC, ARM, CRM, CRIS, MLIS, LIA, CPIW VP Technical Affairs, MAIA In the last month, between reading articles and receiving emails, the ABSOLUTE importance of words has hit home. It amazes me how FAR the industry has come from…