75 Years Strong
Celebrating our 75th year in business in 2012 is truly remarkable. Reflecting on the vast changes within our agency and the insurance industry since then, my father, Frank, would undoubtedly be amazed.
Author Archive for: murphyinsurstg
Entries by Murphy Insurance
Managing Workers’ Comp Costs
Discover essential tips for managing Workers’ Comp Insurance costs: Obtain Certificates of Insurance from subcontractors and ensure proper classification codes are used. Separate overtime from regular pay to avoid inflated premiums and stay under allowed salary caps. Don’t overlook unanswered questions, and explore competitive insurance programs for cost management.
Remembering Irene…Lessons Learned
This time last year, the Northeast endured the aftermath of Hurricane Irene and an unexpected October snowstorm wreaking havoc in Massachusetts, resulting in extensive damage including downed trees and prolonged power outages.
Hurricane Season Highlights Need for Flood Insurance
As hurricane season reaches its peak, many homeowners still lack flood insurance—leaving them vulnerable to costly storm surges and flood damage. Since standard policies don’t cover flooding, now is the time to secure separate flood insurance before the next storm hits.
Hurricane Emergency Storm Planning
Running from June through November, the Atlantic hurricane season is expected to bring 9 to 15 named storms, according to NOAA. Even if you’re not on the coast, high winds and flooding can cause serious damage inland. Now is the time to review your emergency plans and confirm you have the right insurance coverage—including flood and business interruption protection—before a storm is on the radar.
Murphy Insurance Honored with Family Business Award
Murphy Insurance Agency proudly accepts the 2012 Central Massachusetts Family Business Award, recognizing the collective effort of its dedicated staff and the trust of loyal customers. CEO Dennis F. Murphy, Jr. expresses gratitude for the agency’s success, attributing it to the entire team’s hard work.
Is Your Business in Compliance with Massachusetts Personal Information Privacy Laws?
Learn about the Massachusetts law, MA 201 CMR 17, enacted on March 1, 2010, mandating written information security procedures for entities handling personal data. Noncompliance risks reputation damage and hefty penalties, highlighting the importance of understanding and adhering to these regulations.
Documenting Antiques And Fine Art For Insurance
Maintaining a home inventory is crucial for safeguarding your belongings, ensuring you’re prepared for unexpected events requiring insurance claims. Particularly for antiques or fine art owners, detailed documentation is essential to guarantee compensation.
Consigning Property For Auction: Part 4 – Auction Fees
Many individuals have inquiries about auction fees, which typically include buyer and seller fees, adhering to industry standards. These fees cover the auction house’s efforts to ensure your property reaches an optimal buying audience, providing valuable services for both parties involved.
Consigning Property For Auction: Part 3 – The Auction Schedule
Wondering when to reach out to an auction house to sell your property? You needn’t wait for an upcoming auction announcement; most major houses plan schedules six months to nearly a year ahead, making it easy to schedule your property for sale in an upcoming auction.