Big “I” to Host Free Tax Reform Webinar

Big “I” to Host Free Tax Reform Webinar Following a new tax reform legislation signed by President Trump, new federal tax regulations are expected to impact your business. Find out how during a free webinar hosted by the Big “I.” The webinar will provide a brief introduction to the tax law and its impact on C-corps,…

dolly.com

dolly.com   QUESTION This question was answered based upon current rules, regulations & statutes in effect on August 09, 2018

Enforcement of USDOT Number Requirement

Enforcement of USDOT Number Requirement The Mass. RMV has issued a Law Enforcement Training Update with respect to the enforcement of the New USDOT Number Requirement, which took effect on September 1, 2018. 

Commercial Plate Required

Commercial Plate Required   QUESTION This question was answered based upon current rules, regulations & statutes in effect on August 09, 2018

Fees

Fees   QUESTION This question was answered based upon current rules, regulations & statutes in effect on August 10, 2018

Offices Closing Early for Labor Day Weekend

Offices Closing Early for Labor Day Weekend Our offices will be closing early Friday, August 31 at 2 p.m. for Labor Day Weekend.  We will re-open Tuesday, September 4th during our business hours.

Farm Plate

Farm Plate   QUESTION This question was answered based upon current rules, regulations & statutes in effect on August 10, 2018

Umbrella Policy

Umbrella Policy   QUESTION This question was answered based upon current rules, regulations & statutes in effect on August 10, 2018

Joe Leahy Installed as Chairman of The Big “I”

Joe Leahy Installed as Chairman of The Big “I” National independent insurance agency leadership converged in downtown Springfield, MA at the annual Big “I” Fall Leadership Conference last week.  The conference included the installation of Joe Leahy of Leahy and Brown Insurance + Reality as Chairman of the Independent Insurance Agents and Brokers of America.…

YAC Night Out at Smith’s Billiards

YAC Night Out at Smith’s Billiards Following the first night of The Big “I” Fall Leadership Conference on Thursday, August 23, the Massachusetts Young Agents Committee hosted a Night Out at Smith’s Billiards in Springfield for fellow YAC members from across the country. Attendees were greeted with great food, craft brews, live music, games, and…

3rd. Party Sub-Trans

3rd. Party Sub-Trans   QUESTION This question was answered based upon current rules, regulations & statutes in effect on April 06, 2018

Taking Nominations for Young Agent of the Year 2018

Taking Nominations for Young Agent of the Year 2018 The Young Agent Committee of Massachusetts is awarding one young agent with the Young Agent of the Year Award at The Big Event’s Young Agents Kick-Off Reception on Thursday night from 4:45 pm – 5:45 pm. Candidates should be active participants in MAIA/YAC events, be a…

Dealer Plate Usage

Dealer Plate Usage   QUESTION This question was answered based upon current rules, regulations & statutes in effect on April 06, 2018

Cancelling an Auto Policy

Cancelling an Auto Policy   QUESTION This question was answered based upon current rules, regulations & statutes in effect on April 17, 2018

CAR News – Recent Bulletins

CAR News – Recent Bulletins Commonwealth Automobile Reinsurers (CAR) recently released the following Bulletins:

Out-of-State Permit Holder

Out-of-State Permit Holder   QUESTION This question was answered based upon current rules, regulations & statutes in effect on April 27, 2018

2017-2018 Legislative Session Report

2017-2018 Legislative Session Report   The 2017-2018 MA legislative session officially wrapped up on July 31st.  

Commercial Lettering on Personal Truck

Commercial Lettering on Personal Truck   QUESTION This question was answered based upon current rules, regulations & statutes in effect on May 01, 2018

Reminder: More Vehicles Subject to US DOT Numbers – Effective September 1, 2018

Reminder: More Vehicles Subject to US DOT Numbers – Effective September 1, 2018 There has been a change to the Massachusetts State Markings Regulation 540 CMR 2:22 (regulation text below) that will take effect on September 1, 2018 for all commercial motor vehicles that weigh 10,001 lbs. or more used in Intrastate commerce. 

In Memory of Ernie Bates

In Memory of Ernie Bates Long-time member of MAIA, Ernest “Ernie” Bates, passed away June 11, 2018. Ernie was the owner and founder of Bates-Fullam Insurance Agency in Springfield. He served the insurance industry through volunteerism as a member of MAIA’s Board of Directors and as Past President of the Hampden County Insurance Agency Association. Some…

Tech Talk: It’s all about price ….really??

Tech Talk: It’s all about price ….really?? By Irene Morrill, CPCU, CIC, ARM, CRM, LIA, CRIS, CPIW  – VP of Technical Affairs, MAIA  

MPIUA Announces Revisions to Dwelling and HO Deductible Rules (Rule 406)

MPIUA Announces Revisions to Dwelling and HO Deductible Rules (Rule 406) The Massachusetts Property Insurance Underwriters Association (MPIUA) has recently received approval from the Mass. Division of Insurance (DOI) to implement revisions to the Homeowners Deductible Rule and Dwelling Deductible Rule (both Rule 406). The revision is effective September 1, 2018 and replaces the current…

Waiver of Deductible

Waiver of Deductible   QUESTION This question was answered based upon current rules, regulations & statutes in effect on May 02, 2018

WC News: WCRIB Special Bulletins Residual Market Loss Ratio and Burden Estimate

WC News: WCRIB Special Bulletins Residual Market Loss Ratio and Burden Estimate  

Updated Company Auto Insurance Filings – August 2018

Updated Company Auto Insurance Filings – August 2018

Insurance Requirement on Certificate

Insurance Requirement on Certificate   QUESTION This question was answered based upon current rules, regulations & statutes in effect on May 21, 2018

It’s Time for The Big Event 2018

It’s Time for The Big Event 2018     Winning the insurance game takes more than chance and a little bit of luck.  Win BIG at the Big Event 2018 – the largest gathering of independent agents in New England. On Thursday, October 25 thru Sunday October 28, join approximately 1,800 professional independent insurance agents and…

ACCORD Form

ACCORD Form   QUESTION This question was answered based upon current rules, regulations & statutes in effect on May 24, 2018

MAIA Announces 2018 Annual Meeting

MAIA Announces 2018 Annual Meeting NOTICE TO THE MEMBERS OF THE MASSACHUSETTS ASSOCIATION OF INSURANCE AGENTS OF THE 2018 ANNUAL MEETING

Trailer

Trailer   QUESTION This question was answered based upon current rules, regulations & statutes in effect on May 25, 2018

Listing HHMs

Listing HHMs   QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 17, 2018

Business Use Class 30

Business Use Class 30   QUESTION This question was answered based upon current rules, regulations & statutes in effect on April 28, 2018

Detailing Cars

Detailing Cars   QUESTION This question was answered based upon current rules, regulations & statutes in effect on June 12, 2018

Registry Code NPT

Registry Code NPT   QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 10, 2018

E&O: Analysis of an Actual Claim and the Lessons to Be Learned

E&O: Analysis of an Actual Claim and the Lessons to Be Learned Utica National Insurance Group brings monthly loss control articles to MAIA members directly from the risk management team. Read the article below or download this month’s article in PDF format. 

MPIUA News – Homeowners Clearinghouse

MPIUA News – Homeowners Clearinghouse The Massachusetts Property Insurance Underwriting Association (MPIUA) has announced a decision by its Board of Directors to  pursue additional strategies to depopulate. A recent MPIUA notice explains that its Board of Directors has “authorized the creation of a Clearinghouse to assist in the facilitation of the depopulation effort.”

Young Agents to Host YAC Night Out at Boston Winery

Young Agents to Host YAC Night Out at Boston Winery On Thursday, September 13, 2018 the Young Agents Committee of Massachusetts will host a YAC Night Out at Boston Winery. The event will serve as an opportunity for those to network, socialize, and refine their wine palate! We’ll also be taking donations for InsurPAC while…

Trusted Choice and Young Agents Committee to Sponsor 6th Annual Wine & Wishes Event

Trusted Choice and Young Agents Committee to Sponsor 6th Annual Wine & Wishes Event MAIA is proud to announce that Trusted Choice and the MA Young Agents Committee will again support Make-A-Wish MA/RI as the Presenting Sponsor of the 6th Annual Wine & Wishes fundraising event. Wine & Wishes is an evening of wine and whiskey…

Earned Premium Collection

Earned Premium Collection   QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 13, 2018

US Treasury Issues Draft Regulations on New 20 Percent Deduction for Pass-Through Businesses

US Treasury Issues Draft Regulations on New 20 Percent Deduction for Pass-Through Businesses The Government Affairs team at The Big ‘I’ (IIABA), forwarded the following with respect to the issuance of Draft Regulations on the new 20 percent deduction for pass-through businesses by The U.S. Treasury.