FEB. 22, 2012 – A new study by the research and consulting firm Conning, analyzes how the changes in insurance consumers and their shopping habits are changing the face of personal lines insurance.
The IIABA today commended the U.S. House of Representatives for passing H.R. 2055 entitled the “Consolidated Appropriations Act,” ) or the “minibus” which effectively extends the National Flood Insurance Program until May 31, 2012. The IIABA also stated that it is expected that the Senate will pass this bill later today in order to avoid […]
The Division of Insurance has rescheduled the FAIR Plan Rate Hearing that was to have taken place on December 19, 2011. The new hearing date is January 19, 2012 at 10:00 a.m. at the offices of the Division of Insurance and will consider whether to approve the Massachusetts Property Insurance Underwriting Association’s rating filings for […]
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 […]
Latest Updates from CAR and the MAIP as of August 4th: With the approval of amendments to Rules 21.C.5 and 29.D.2 which were announced in the CAR Bulletin 945, CAR has updated and implemented the down payment requirements for eligible policies. CAR has a new PDF Viewer which allows the entire MAIP section to be […]