December 30, 2014
The Massachusetts Property Insurance Underwriting Association (MPIUA) — also known as the Massachusetts FAIR Plan — will be expanded to include the writing of dwelling liability coverage, effective Jan. 7, 2015. The expansion is mandated by S-465 (“An Act Relative …
October 15, 2014
Massachusetts Gov. Deval Patrick has signed into law a bill that would require the Massachusetts Property Insurance Underwriting Association (MPIUA) — also known as the Massachusetts FAIR Plan — to have liability coverage included in its Non-Owner Occupied Dwelling policy …
July 1, 2014
The Massachusetts Association of Insurance Agents (MAIA) is pushing a bill, S-465, that would require the Massachusetts Property Insurance Underwriting Association (MPIUA), also known as the Massachusetts FAIR Plan, to have liability coverage included in its Non-Owner Occupied Dwelling policy …
June 20, 2014
The Massachusetts Property Insurance Underwriting Association (“FAIR Plan”) said its board of directors will meet next week to decide whether to file an appeal to challenge Insurance Commissioner Joseph G. Murphy’s decision to reject a rate increase request. The state-created …
June 9, 2014
Massachusetts Commissioner of Insurance Joseph G. Murphy announced Monday his decision rejecting the Massachusetts Property Insurance Underwriting Association’s (“FAIR Plan”) request to increase its statewide home insurance rates by an average of almost 7 percent. The Massachusetts Division of Insurance …
April 28, 2013
The Massachusetts FAIR (Fair Access to Insurance Requirements) Plan, the state’s home insurer of last resort, has proposed this month an average statewide rate hike of 6.8 percent. The FAIR Plan, whose official name is Massachusetts Property Insurance Underwriting Association …