E&O: Avoid Gaps When Moving an Account

E&O: Avoid Gaps When Moving an Account 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. 

Risk Management Alert for Your Attorney Clients

Risk Management Alert for Your Attorney Clients In an effort to help raise awareness of the current epidemic of fraudulent wire fund transfers, we are sharing information from Swiss Re Corporate Solutions. We suggest that you share this information with your clients who are attorneys – especially those involved in real estate transactions.

Big “I” News – Risk Management Webinar: All About UM/UIM

Big “I” News – Risk Management Webinar: All About UM/UIM Join Big “I” Professional Liability Wednesday, Feb. 21 at 2-3 p.m. ET for the next webinar in the Big “I”/Swiss Re Corporate Solutions Agency Risk Management Essentials series, Swerve to Avoid Agency Liability: All About UM/UIM.

Right to Review Appraisal

Right to Review Appraisal QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 25, 2018

Unpaid Premium

Unpaid Premium QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 26, 2018

Agents Council for Technology (ACT.) Releases Texting Resources for Agents

Agents Council for Technology (ACT.) Releases Texting Resources for Agents Tools to help agents comply with FCC requirements. The Independent Insurance Agents & Brokers of America’s Agents Council for Technology (ACT), in conjunction with the Big “I” Office of the General Counsel, has released a sample text messaging opt-in form and sample terms and conditions…

TNCs

TNCs QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 26, 2018

Special Edition Registry News: New RMV User Agreements to be Sent February 5th

Special Edition Registry News: New RMV User Agreements to be Sent February 5th Updates as of 2/6/18 The RMV has sent a communication to agents which includes the new User Agreement. Agencies that access the RMV, should review this communication and complete the agreement per their instructions.{{cta(‘b0bc00d5-d6a6-4914-9fb3-254390602ded’,’justifycenter’)}} Many agents wrote or called in with questions…

Damaged Plate

Damaged Plate QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 29, 2018

Should My Insured (commercial client) Purchase Insurance from Rental Company?

Should My Insured (commercial client) Purchase Insurance from Rental Company? By Irene Morrill, CPCU, CIC, ARM, CRM, LIA, CRIS, CPIW  – VP of Technical Affairs, MAIA   

Accumulation of Events

Accumulation of Events QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 29, 2018

Commercial Auto Rating

Commercial Auto Rating QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 29, 2018

MAP Classification and Rating

MAP Classification and Rating QUESTION This question was answered based upon current rules, regulations & statutes in effect on October 24, 2017

 Registration Transfer

 Registration Transfer QUESTION This question was answered based upon current rules, regulations & statutes in effect on October 27, 2017

The Good You Do

The Good You Do We know our agents in Massachusetts are active in their communities and we at MAIA want to recognize “The Good You Do”.   In an effort to highlight and honor the agencies that are so appreciated for their time and charitable acts, we want YOU to let us know The Good You…

Dual Registration

Dual Registration QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 24, 2018

Plate Type Reqired

Plate Type Reqired QUESTION This question was answered based upon current rules, regulations & statutes in effect on December 29, 2017

REAL ID – Related Client Letters/Inserts

REAL ID – Related Client Letters/Inserts In preparation for the implementation of REAL ID, the RMV will be mailing new letters and inserts to customers:

Trailer or Camper Plate

Trailer or Camper Plate QUESTION This question was answered based upon current rules, regulations & statutes in effect on July  06, 2017

Coverage Effective Date

Coverage Effective Date QUESTION This question was answered based upon current rules, regulations & statutes in effect on March 07, 2017

National Flood Insurance Program Lapses Due to Government Shutdown

National Flood Insurance Program Lapses Due to Government Shutdown After several short-term extensions that had been tied to the federal government’s spending bill, the National Flood Insurance Program (NFIP) officially lapsed on Saturday, January 20th.   Until the program is reauthorized, no new flood policies can be purchased and no renewal bills can be paid.

Surcharges

Surcharges QUESTION This question was answered based upon current rules, regulations & statutes in effect on December 18, 2017

Trailers and the MAP

Trailers and the MAP QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 09, 2018

Revised Gender Designation Change Forms

Revised Gender Designation Change Forms

Expansion of Alternative Hour (Weekend) Class D Road Tests

Expansion of Alternative Hour (Weekend) Class D Road Tests

Upcoming RMV & Auto Classes

Upcoming RMV & Auto Classes

Inclement Weather Update

Inclement Weather Update  

All RMV Service Centers Now Processing Taiwanese License Conversions

All RMV Service Centers Now Processing Taiwanese License Conversions

Registration Type

Registration Type QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 12, 2018

Martin Luther King Jr. Day Closure

Martin Luther King Jr. Day Closure  

Purple Heart

Purple Heart QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 11, 2018

Out-of-State Vehicle Purchase

Out-of-State Vehicle Purchase QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 10, 2018

Number One Agency: Broker Agreement Changes

Number One Agency: Broker Agreement Changes Number One Insurance Agency, Inc. has made revisions and updated some of the language to the Broker Agreement and an updated Products Commission Schedule. Per the agreement, all active brokers have been made aware of the changes. No action is needed on behalf of current brokers. We suggest maintaining a…

Congratulations InsurPAC Contributors

Congratulations InsurPAC Contributors Congratulations and Thank You to each and every individual who contributed to InsurPac in 2017. It is because of THESE contributions that we announce with great pride that Massachusetts is the top contributor to InsurPac in the nation!

New Antique Motorcycle Plate Mask

New Antique Motorcycle Plate Mask

Cancellation

Cancellation QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 9, 2018

Updated Company Auto Insurance Filings – December ’17

Updated Company Auto Insurance Filings – December ’17

Replacement plate

Replacement plate QUESTION This question was answered based upon current rules, regulations & statutes in effect on January 9, 2018

Coastal Flooding from Winter Storm Grayson

Coastal Flooding from Winter Storm Grayson Winter storm Greyson brought much of the East Coast to a grinding halt this week – with freezing temperatures, heavy snow and whipping winds. Significant impact in Massachusetts was seen on the coast, as historic high tides on Thursday caused coastal flooding in a number of communities from Gloucester…

Government Affairs – Tax Law Impact on Agents

Government Affairs – Tax Law Impact on Agents In late December, MAIA published a Government Affairs Alert from the Big “I” regarding the compromise tax bill. Now that this legislation has been signed into law, the Big “I” has released a ten-page white paper which outlines the most salient provisions of the new tax law that could…