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Entries for March 2016

28

In 2015, a new Massachusetts law went into effect regarding certificates of insurance.  This legislation, MGL Chapter 175L was enacted to legally clarify that insurance certificates do not and cannot modify the terms or conditions of the insurance policies they evidence. Yet, a year later, instances still occur where businesses or their clients appear either confused or unaware of the law. Outlined here are the key points of the law.

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10

The House of Representatives is expected to consider and debate legislation, recently released by the Financial Services Committee, which would regulate Transportation Network Companies (TNCs) like Uber and Lyft. TNCs and their drivers would be overseen by a new regulatory “Ride For Hire Division” under the Department of Public Utilities (DPU). The new division would be responsible for licensing of the TNC companies and drivers, enforcing penalties, requiring background checks for drivers and setting forth insurance requirements that the TNC companies must carry for their drivers...

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Posted in: auto, general

 

The information provided in these articles are only general descriptions and should not be relied upon as complete, correct or accurate for your specific situation. All coverage informaiton is subject to policy provisions, endorsements and may be  subject to your meeting underwriting qualifications. Murphy Insurance Agency is not engaged in rendering legal, accounting or other noninsurance professional services. Consult an appropriate professional for advice regarding your own situation.