MAP Cancellation
MAP Cancellation QUESTION This question was answered based upon current rules, regulations & statutes in effect on August 23, 2019
Don’t Be Lured Away — Place Your E&O With Number One
Don’t Be Lured Away — Place Your E&O With Number One We know the E&O competition is out there trying to reel you in you. (We get those emails from brokers and other carriers, too!) Let’s be frank; MAIA’s Number One Insurance Agency wants to win your E&O business. We want to keep your E&O…
Tech Talk: Buying a Car Online – Carvana vs. MAP vs. RMV
Tech Talk: Buying a Car Online – Carvana vs. MAP vs. RMV By Irene Morrill, CPCU, CIC, ARM, CRM, LIA, CRIS, CPIW — VP of Technical Affairs and Kathy Cormier, CPPL, Member Relations Advocate
LTD Collision
LTD Collision QUESTION This question was answered based upon current rules, regulations & statutes in effect on August 23, 2019
Renewal Auto Policy Cancelled Flat and Claim
Renewal Auto Policy Cancelled Flat and Claim QUESTION This question was answered based upon current rules, regulations & statutes in effect on August 26, 2019
BAP and Rented Autos
BAP and Rented Autos QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 06, 2019
Trailer Claim
Trailer Claim QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 09, 2019
CAR Bulletin No. 1086 – Large Loss Notification Procedures
CAR Bulletin No. 1086 – Large Loss Notification Procedures This recent CAR Bulletin outlines the implementation of a web-based system to enhance the information provided to companies relative to large residual market losses. The system includes a Large Loss Notification Form, as well as several Large Loss Reports to better communicate the significant losses impacting…
Our WC Program is Growing & So is Our APPETITE
Our WC Program is Growing & So is Our APPETITE MAIA’s Number One Agency is very excited to announce a new relationship that will expand our WC Market with multiple carriers! We’re looking for business with a standard premium range of $1,000 to $25,000 and higher. And do they like pool business? If premium is…
MAIA Announces 2019 Annual Meeting
MAIA Announces 2019 Annual Meeting NOTICE TO THE MEMBERS OF THE MASSACHUSETTS ASSOCIATION OF INSURANCE AGENTS OF THE 2019 ANNUAL MEETING In accordance with Article XI, Section 1, of the bylaws, notice is hereby given to the members of the Massachusetts Association of Insurance Agents, Inc., that the Annual Meeting of the association will be…
Garaging
Garaging QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 11, 2019
No Loss Statement
No Loss Statement QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 12, 2019
Preview of New RMV Forms for ATLAS Release 2
Preview of New RMV Forms for ATLAS Release 2 The much-anticipated Release 2 of the RMV ATLAS system will take effect on November 12, 2019. As you may recall, ATLAS Release 1 rolled out in March 2018 and included all the license services. ATLAS Release 2 will be bringing over all the registrations, titles, owner…
Updated Company Auto Insurance Filings – September 2019
Updated Company Auto Insurance Filings – September 2019
Is this Surchargeable
Is this Surchargeable QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 26, 2019
Green Plate
Green Plate QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 26, 2019
2 Q’s on Trailers
2 Q’s on Trailers QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 26, 2019
Change Address Leased Vehicle
Change Address Leased Vehicle QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 26, 2019
Discounts on State-Mandated Employee Background Checks
Discounts on State-Mandated Employee Background Checks MA agencies are required to keep criminal background checks on file for all personnel (current or new) who access motor vehicle records. With the goings-on at the MA Registry, including the release of ATLAS II in November, it’s a good time to make sure you have all your ducks…
Purple Heart Registration
Purple Heart Registration QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 26, 2019
MAP or BAP
MAP or BAP QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 24, 2019
Surviving Spouse Transfers
Surviving Spouse Transfers QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 24, 2019
Non-Payment and Collection of Unearned Premium
Non-Payment and Collection of Unearned Premium QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 24, 2019
Progressive 2As – again
Progressive 2As – again QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 25, 2019
Cassandra Koegel Joins MAIA as Membership Engagement Director
Cassandra Koegel Joins MAIA as Membership Engagement Director We are proud to introduce MAIA’s new Membership Engagement Director, Cassandra Koegel, CISR, AINS. Cassandra spent the last five years at Arbella and is licensed in P&C. She has been active in MAIA’s Young Agents Committee for the past two years and has established a solid knowledge…
Important Updates to our Hospitality Program at Number One
Important Updates to our Hospitality Program at Number One Meet Lori Kane! Lori is Number One Insurance Agency’s newest program manager, serving our brokers with Hospitality clients. You can reach Lori directly at [email protected] or (508) 634-7361.
Revisiting Berkshire Hathaway’s 3-Page Small Business Policy
Revisiting Berkshire Hathaway’s 3-Page Small Business Policy THREE, the 3-page small business policy marketed by Warren Buffett’s Berkshire Hathaway, presents statements such as: “no need for brokers or lawyers to translate your policy” and “by simplifying the process we were able to take out the middleman.” In case you missed it, Chris Boggs of the Big…
Audit Reveals Overbilling of Insurance Companies by DOI
Audit Reveals Overbilling of Insurance Companies by DOI Last week, MA State Auditor Suzanne M. Bump released an audit that calls on the Division of Insurance (DOI) to discontinue an unauthorized practice that has exempted more than 62 insurers from paying a required annual fee. As a result of this practice, the remaining insurance companies…
CAR Bulletin No. 1085-Servicing Carrier and ERP Standards for the Verification of Applicant Drivers’ Licenses
CAR Bulletin No. 1085-Servicing Carrier and ERP Standards for the Verification of Applicant Drivers’ Licenses This recent CAR Bulletin outlines the new standards for Servicing Carriers and ERPs to follow in verifying an applicant’s’ driver’s license . For all new business in the commercial automobile residual market, and for all new and renewal business in the…
Free Job Postings & Resume Review for Members Only
Free Job Postings & Resume Review for Members Only Your agency is looking for great people to join your team. Meanwhile, smart, motivated people who want to work in insurance are actively seeking job opportunities. If only you could find each other! Well, guess what: You can and it’s FREE. MAIA’s online Career HQ is…
Lemonade … and Purchasing Insurance
Lemonade … and Purchasing Insurance By Irene Morrill, CPCU, CIC, ARM, CRM, LIA, CRIS, CPIW — VP of Technical Affairs, MAIA
Help Number One Help You with E&O
Help Number One Help You with E&O As a subsidiary of MAIA, the Number One Insurance Agency (Number One) is here to protect and serve your agency. At the same time, any profits generated by Number One go back to support the work of MAIA. And of course, MAIA is here to protect and serve…
WCRIBMA Special Bulletin: Updated Information on Residual Market Share 08-19
WCRIBMA Special Bulletin: Updated Information on Residual Market Share 08-19 The MA Workers’ Compensation Rating and Inspection Bureau (WCRIBMA) released Special Bulletin 08-19, Updated Information on Residual Market Share.
Changes Coming for Vehicle Valuation & MSRP Data Access via RMV
Changes Coming for Vehicle Valuation & MSRP Data Access via RMV The RMV’s current operational system (ALARS) provides insurance companies and agents access to Vehicle Valuation and Manufacturer’s Suggested Retail Price (MSRP) data from the National Dealers Association (NADA) via a screen and guest function. However, when the RMV completes its transition to ATLAS Release…
Several Personal Umbrella Carriers to Implement Major Changes
Several Personal Umbrella Carriers to Implement Major Changes
Staffing News at MAIA & Number One Agency
Staffing News at MAIA & Number One Agency When MAIA’s Education Program Coordinator Emily Oliver announced that she’d be retiring from MAIA after 31 years, we were happy for her, sad to be losing a beloved colleague, and worried about replacing such an experienced and knowledgeable team member! As it turned out, the solution was…
Sales Tax Penalties and Interest
Sales Tax Penalties and Interest QUESTION This question was answered based upon current rules, regulations & statutes in effect on March 28, 2019 I was hoping you could help on this One of our insured’s had purchased a 1956 Triumph in pieces back in 1982 which he has restored/re-built … the vehicle was untitled to…
New Auto Policy/Suspended License
New Auto Policy/Suspended License QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 23, 2019 Quick Question: If someone has a suspended license can they register and insure a vehicle? I know that for insurance they would have to list a licensed driver but would the registry accept…
Cancellation of Auto Policy
Cancellation of Auto Policy QUESTION This question was answered based upon current rules, regulations & statutes in effect on July 23, 2019 We received a printed and signed narrative from an insured requesting the cancellation of his auto policy (see attached). Something in my fading memory bank makes me think that this could be an…
Registered Auto Body & Glass Repair Shops as of 7/25/19
Registered Auto Body & Glass Repair Shops as of 7/25/19 The Automobile insurers Bureau (AIB) recently posted updated lists of registered auto body and glass repair shops by county, which were provided by the Massachusetts Division of Standards. AIB displays the lists of auto body repair shops in compliance with the Insurance Commissioner’s Regulation, 211…