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The Murphy Insurance Blog

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News, updates and useful tips about insurance products and the insurance industry. We also provide insights on community events, local news and information that affect your everyday life. Enjoy!

We just learned via the Massachusetts Association of Insurance Agents (MAIA) that the Massachusetts Senate was successful in adding an amendment to its version of the 2016 State Budget that would increase the Property Damage Threshold for Minor and Major accidents. If the language survives the budget conference committee, the new threshold for Minor Accidents will be $1,001 and the threshold for Major Accidents will be $5,001.