insurance agency owners should know about the twenty percent income tax deduction for businesses other than C corporations.
Mass. Court Orders Travelers to Settle Added Vacation Time as an Extra Expense for Covered Property Claim
Federal court ruling favors insurer but orders the company to “promptly make a fair offer of settlement” within thirty days on disputed “Extra Expense” claim.
Commissioner Anderson Welcomes the NAIC to Beantown
The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the fifty states, the District of Columbia and five U.S. territories. State insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight through the NAIC. These […]
Mass. Appeals Court Finds Affinity Agency Had No Duty to Insured to Ensure Coverage Adequate
Appeals Court restates rules on agency liability and necessity of a “special relationship” between insured and agent
Employee Noncompetition Agreement Passed By Mass. Legislature; Governor Expected to Sign It Into Law
This new law changes how agencies, and others, can use noncompetition agreements.