WCRIBMA Special Bulletin: Policy Year 2016 Final VDAC Reapportionment
WCRIBMA Special Bulletin: Policy Year 2016 Final VDAC Reapportionment
WCRIBMA Issues MA Employee Leasing Endorsement
WCRIBMA Issues MA Employee Leasing Endorsement The Massachusetts Workers’ Compensation Rating and Inspection Bureau (WCRIBMA) has issued Circular Letter No. 2346, dated March 15, 2019, and titled Massachusetts Employee Leasing Endorsement (WC 20 03 04 C). This endorsement has been updated to include a new field within the schedule section of the endorsement to list the…
Berkshire Hathaway’s New THREE Policy: An Inferior Product?
Berkshire Hathaway’s New THREE Policy: An Inferior Product? In this IA Magazine article, author Chris Boggs of the Big “I” Virtual University calls Berkshire Hathaway’s recently announced THREE policy “a dangerous attempt to simplify multiple insurance contracts for small business owners.”
MA FAIR Plan Updates Producers’ Web Options
MA FAIR Plan Updates Producers’ Web Options Recent updates to the Massachusetts Property Insurance Underwriting Association (MPIUA), a.k.a. the MA FAIR Plan Producers Portal have given agency producers some convenient new online functions, including the ability to:
CAR News – Recent Bulletins – February 2019
CAR News – Recent Bulletins – February 2019 Commonwealth Automobile Reinsurers (CAR) recently released the following Bulletins:
Updated Company Auto Insurance Filings – February 2019
Updated Company Auto Insurance Filings – February 2019
Best Practices for Insurance Agency Exit & Succession
Best Practices for Insurance Agency Exit & Succession InsurBanc’s Robert Pettinicchi was recently interviewed in an article for Property Casualty 360. The article discusses how to get prepared for the future and start formulating a plan for succession. Whether you are moving on from your insurance agency, going into retirement, or going into another business,…
African-American History in The Insurance Business
African-American History in The Insurance Business February’s IA magazine presents Memphis agency owner Fred L. Davis as the subject of the Declaration of Independents. Davis, who began his agency in 1967, was the first African-American insurance agent in six states. He tells a fascinating and often painful story of building a career in a…
All-in-One Small Business Insurance Product “THREE” from Berkshire Hathaway Heightens Commercial Competition
All-in-One Small Business Insurance Product “THREE” from Berkshire Hathaway Heightens Commercial Competition Berkshire Hathaway Insurance Group has announced THREE, a “game-changing, comprehensive insurance product for small business.” In a press release, Berkshire Hathaway explained that THREE provides coverage for workers comp, multiple liability coverages (general liability, errors and omissions, and cyber), property, and auto in a three-page, plain-English insurance policy. Berkshire Hathaway will be providing THREE direct…
FAIR Plan FAQs Explain Clearinghouse for HO Insurers
FAIR Plan FAQs Explain Clearinghouse for HO Insurers The Massachusetts Property Insurance Underwriting Association (MPUIA), also known as the FAIR Plan, has undertaken an initiative to depopulate MPIUA in an effort to promote the vitality of the Homeowners Insurance Market. The result of this initiative has been the creation of a Clearinghouse, which is designed…
Understanding and Complying with New York’s Cybersecurity Requirements
Understanding and Complying with New York’s Cybersecurity Requirements In this recent article from IA Magazine, Editor Scott Kneeland explained how New York’s new third-party service provider regulations may change the landscape of the insurance world.
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