Operator Exclusion Form
Operator Exclusion Form QUESTION This question was answered based upon current rules, regulations & statutes in effect on December 13, 2018 Kathy- Hope all is well with you. I have a customer who is 92 with the vehicle still in her name, but her license expired and she no longer drives (and she won’t be…
WC News: WCRIBMA Approves Updated Pension Tables for USRs
WC News: WCRIBMA Approves Updated Pension Tables for USRs The Workers’ Compensation Rating and Inspection Bureau (WCRIB) released Circular Letter No. 2345, which states that the Commissioner of Insurance has approved revised pension tables to be used for Unit Statistical Reporting (USR) of fatal and permanent total claims that are evaluated on or after July…
Philbin Insurance Group Renews Five Star Agency Designation
Philbin Insurance Group Renews Five Star Agency Designation The Massachusetts Association of Insurance Agents (MAIA), is proud to announce that Philbin Insurance Group of Beverly, Burlington, Everett, Lynnfield, and Malden, MA has renewed their Five Star Agency Designation. They have been a Five Star Agency since 2005 and continue to demonstrate excellence in the five…
Fuel Oil Dealer’s FR Requirements in MA
Fuel Oil Dealer’s FR Requirements in MA QUESTION This question was answered based upon current rules, regulations & statutes in effect on December 10, 2018 Hi Irene, I’m happy you are still working! I figured I would end up speaking with you since you are the “go to” person in MA for insurance!!! We are…
Trailer with NO Auto
Trailer with NO Auto QUESTION This question was answered based upon current rules, regulations & statutes in effect on December 10, 2018 I have a client (for both personal and commercial lines) that purchased a personal camper trailer. He does not have a Mass Personal Auto policy, just a Hagarty antique policy. He does have…
Claim Denial
Claim Denial QUESTION This question was answered based upon current rules, regulations & statutes in effect on December 11, 2018 We have an insured that has this claim scenario: Vehicle pulled into their parking lot as they were having issues with their vehicle. Vehicle parked under a light pole owned by our insured. Vehicle ended…
Flood Update: NFIP is Back in Business as FEMA Reverses Decision
Flood Update: NFIP is Back in Business as FEMA Reverses Decision Believe it or not, the NFIP situation has changed AGAIN, and this time the news is good! After a tremendous amount of behind-the-scenes work and pressure from the insurance marketplace (largely organized by the Big “I”) and our allies in Congress, the National Flood…
Compromise Reached on MA Short-Term Rentals (Airbnb) Legislation
Compromise Reached on MA Short-Term Rentals (Airbnb) Legislation The Massachusetts House and Senate reached a compromise on the short-term rentals bill that taxes and regulates short-term rentals through websites like Airbnb, including language that exempts owners who rent out their properties fewer than 15 days a year. Governor Baker signed the bill into law on…
Flood Update: Lapse in FEMA Appropriations Causes NFIP Lapse
Flood Update: Lapse in FEMA Appropriations Causes NFIP Lapse Despite the extension the National Flood Insurance Program (NFIP) through May 31, 2019, FEMA has unexpectedly halted appropriation funding for the program, effectively creating an NFIP lapse.
Flood Update: NFIP Extended Through May 2019
Flood Update: NFIP Extended Through May 2019 We are pleased to report that, despite the partial Government shutdown, the National Flood Insurance Program (NFIP) did NOT lapse. Late in the evening of Friday, December 21, 2018, Congress passed legislation to extend the program through May 31, 2019, and the President signed the extension into law.
What an NFIP Lapse Will Mean to Mass. Agents
What an NFIP Lapse Will Mean to Mass. Agents As of this writing (Friday afternoon, 12/21/18), a government shutdown is still looming. If the shutdown happens, the National Flood Insurance Program (NFIP) reauthorization will lapse at midnight tonight. (Reauthorization of NFIP is tied into the funding bill). If a lapse does occur, existing NFIP flood policies…
Christmas Closure
Christmas Closure Our offices will be closed Monday, December 24th, and Tuesday, December 25th for the Christmas holiday. Our offices will re-open 10 a.m. on Wednesday, December 26th.
The Impact of Driverless Cars and The Insurance Market
The Impact of Driverless Cars and The Insurance Market A world where autonomous vehicles are ‘the new normal’ may still be many years in the future, but our industry is keeping a close eye on this emerging topic. In this recent article from IA Magazine, Senior Editor Jacquelyn Connelly spoke to Michael Klein of Travelers…
E&O: Agency Producers: We Need Your Total E&O Commitment
E&O: Agency Producers: We Need Your Total E&O Commitment 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.
Tech Talk: Homes Put in Personal Trust … How to Insure?
Tech Talk: Homes Put in Personal Trust … How to Insure? By Irene Morrill, CPCU, CIC, ARM, CRM, LIA, CRIS, CPIW — VP of Technical Affairs, MAIA
Hannon-Murphy Insurance Runs Juice Box Drive for School Kids in Pembroke
Hannon-Murphy Insurance Runs Juice Box Drive for School Kids in Pembroke Students in a local Pembroke community were able to return to class this school year with a little extra in their lunchboxes thanks to Hannon-Murphy Insurance.