This week The Division of Insurance and the National Association of Insurance Commissioners unveiled a new public service announcement called "The Right Fit." The advertisement takes a comedic approach in encouraging consumers to ensure that their insurance policies fit their specific needs.
Regulation & Compliance
DOI Releases Its Estimates on Damage Caused by Irene
The Division of Insurance released its figures regarding Tropical Storm Irene. It estimates that total insurance claims from the tropical storm now number 28,500 and total damages total approximately $90,000,000. Here is a breakdown on the claim and damage amounts by county: Claims by County in the Commonwealth Barnstable: 1000 claims totaling $2,600,000 Berkshire: 350 […]
Bulletin 2011-16; Procedures Related to Damage That Occurred in Berkshire, Franklin, Hampden and Hampshire Counties
Background From August 27 through August 29, 2011, portions of Massachusetts suffered significant damage as a result of severe weather conditions related to Tropical Storm Irene. On September 3, 2011, the Federal Emergency Management Agency (“FEMA”) issued a Major Disaster Declaration for Berkshire and Franklin Counties, which makes individuals and state and local governments in […]
DOI Launches New Toll-Free Number for Consumer Complaints & Inquiries
The Division of Insurance announced yesterday that it has created a new toll-free hotline number 877-563-4467 for insurance -related complaints and questions. The new toll-free number is a way for consumers to contact us and get information they need, or file a complaint if necessary,” explained the Commissioner of Insurance, Joseph G. Murphy. “This new […]
Massachusetts Becomes 50th State to Join the NIPR Licensing System
Beginning this month, Massachusetts insurance agents can choose whether to renew their resident producer licenses online on either the National Insurance Producer Registry website or the Division of Insurance’s Ollie. Massachusetts’ decision to join this national registry makes it the the fiftieth state to join the NIPR Licensing System. Incorporated in 1996, the NIPR is a […]
