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.
DOI news
Mass. DOI Issues Revised Bulletin Regarding Private Passenger Group Marketing Plans
On May 19, 2011, the Division of Insurance issued Bulletin 2011-09 which replaces Bulletin 2007-13 regarding the Filing Requirements and Procedures for Private Passenger Motor Vehicle and Homeowners Insurance Group Marketing Plans Pursuant to M.G.L. c. 174 §193R. Like the original Bulletin, this revised version aims “to provide guidance to prevent abuses in connection with […]
Massachusetts Division of Insurance Revokes Agent’s License and Fines Him $3000
In a Summary Decision issued yesterday, the Massachusetts Division of Insurance Hearing Officer revoked all insurance producer licenses issued to James Timothy Shelnut in Massachusetts. The Division of Insurance also fined Mr. Shelnut $3,000 and prohibited him from directly or indirectly transacting or acquiring any insurance business in the Commonwealth of Massachusetts and that he […]
Mass. DOI Cautions Agents on Modifying Certificates of Insurance
The Massachusetts Division of Insurance issued a new bulletin today on the alleged abuses regarding Certificate of Insurances in order to highlight their purpose and correct use.
Mass. DOI Issues Guidelines for Alien Unauthorized Insurers Wanting to Write Excess & Surplis Lines
The DOI issues guidelines for those alien insurers which to write insurance in the Commonwealth on an excess and surplus basis.
