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 […]
MA DOI
Division of Insurance Approves Judson as New CAR President
Here is the Special Notice from the CAR website: Commonwealth Automobile Reinsurers is pleased to announce that Mr. Daniel R. Judson has been approved by the Division of Insurance to Assume the Position of CAR’s President. He plans to be on board as of November 1, 2011. Dan has a long-standing work relationship with CAR. […]
Daniel Judson The New President of CAR
Earlier this morning, the Governing Committee elected Daniel Judson as the new President of CAR or The Commonwealth Automobile Reinsurers. Mr. Judson, began his legal career at Hunt & White and worked for a number of years with the Massachusetts Division of Insurance in a variety of positions including counsel, deputy commissioner and general counsel. […]
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 […]
DOI Upholds Denial of Individual Producer’s License to Applicant, Paul Burke
On January 31st of this year, Mr. Burke submitted a Uniform Application for an Individual Producer License/Registration with the Division of Insurance. On March 25, 2011, Diane Silverman Black, the DOI’s Director of Producer Licensing sent a letter to Mr. Black denying his application because of his seven prior felony convictions. Those convictions included: carjacking […]