800 222 8711 Contact Us Join Mail List Secure Mail Submit a Claim
Search magnifying glass icon

Murphy Insurance News & Articles

rss

topics of interest to you

Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford’s small business claims. Topping the list for the most common claim is burglary and theft, however, the most costly claim for a small business is reputational harm1, which includes libel, slander and violation of privacy. “An unexpected event happens more often than many small business owners realize,” ...

Spring is here. Before you know it, flowers and lawns will be blooming with beautiful and vivid colors. Springtime is also when boat enthusiasts often start to consider purchasing a sail boat or power boat. Many consumers, however, lack an understanding of the myriad and multi-faceted loss exposures associated with boat ownership. And boat lovers may mistakenly believe that coverage applies under their homeowners policy for these loss exposures. Most homeowners policies, however, only insure ...

Spring may be the traditional time of year for cleaning out closets and drawers and organizing attics, but it is also a great time to review of your insurance coverages, according to the Insurance Information Institute (I.I.I.).  “Just as it is important to look at your wardrobe, electronics and other personal items to see what needs to be tossed, fixed, updated or stored for the coming months, everyone should do a thorough evaluation of their ...

The Honda Civic was the most frequently stolen passenger vehicle in 2017, with 45,062 thefts among all model years of this car, according to the National Insurance Crime Bureau (NICB).  The bureau notes that most of these thefts were older models that lack the anti-theft technology of today’s models.  In fact, there were 6,707 thefts of the 1998 model year Civic, but only 388 of the 2017 Civics. The Honda Accord ranked second, with ...

Business interruption insurance can be as vital to your survival as a business as fire insurance. Most people would never consider opening a business without buying insurance to cover damage due to fire and windstorms. But, too many small business owners fail to think about how they would manage if a fire or other disaster damaged their business premises so that they were temporarily unusable. Business interruption coverage is not sold separately. It is ...

Women have made great strides in the business world in the past few decades. And business insurance is essential to protecting their hard-earned capital, according to the Insurance Information Institute (I.I.I.).  Forty years ago women owned just 5 percent of all small businesses in the United States. Today, they own one-third, generating nearly $1.5 trillion in revenue and employing over 7.9 million people. Between 1997 and 2015, the number of women‐owned firms increased by 74 ...

Prevent flooding from snow melt

Snow can hold a lot of water. To prevent it from becoming a flood problem, you can take several preventative measures: Avoid having snow drain next to your house. Make sure your downspouts carry water several feet from your house to a well-drained area. One foot of snow on a 1,000 sq. ft. roof can produce approximately 2,500 gallons of water.   Don't allow snow to accumulate on the ground next to your house especially if the ...

Winter months often increase the risks of a variety of claim situations. Being proactive can help reduce the chances of having an accident or loss. Cleanup snow and ice promptly to avoid liability. Property owners are liable for injuries that happen due to snow and ice build-up on their property...this includes the public sidewalk in front of your home or business.  Watch for ice dams and take prevention steps. Last year, New England’s severe winter ...

Industry’s leading blockchain consortium includes national and international insurers, agencies, brokerages and reinsurers  Murphy Insurance Agency has announced joining The Institutes RiskBlock™ Alliance joining 11 additional companies have newly joined the risk management and insurance industry’s first enterprise-level blockchain consortium, bringing the total number of member companies to 30.  The RiskBlock Alliance is building blockchain solutions that will lower industry transaction costs, improve the customer experience, and increase the speed and security of data transfers ...

More Vehicles Subject to US DOT Numbers - Effective September 1, 2018 There have been changes to the Massachusetts State Markings Regulation 540 CMR 2:22 (regulation text below) that will take effect on September 1, 2018. These changes impact marking (aka lettering) requirements 1) for motor trucks used for the transportation of goods, wares or merchandise for hire, gain or reward and 2) for any commercial motor vehicles that weigh 10,001 lbs. or more used in Intrastate ...

 

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.