DOI Issues Alert on Car-Sharing and Ride-Sharing Services

Are you thinking about car-sharing or ride-sharing in Massachusetts? Beware: these options carry insurance risks. Understand your coverage limitations and potential liabilities before joining.

Flood Insurance Bill Signed Into Law in 2014

Governor Deval Patrick has swiftly approved House Bill No. H-3783, known as “An Act Relative to Flood Insurance” (Chapter 177 of the Acts of 2014). This new law, effective immediately, bars creditors from mandating certain types of flood insurance for residential property purchasers or owners.

Get Your Coverage Updated Well Before a Storm

Amid Hurricane Arthur affecting the Atlantic coast, New England residents can find solace in forecasts suggesting the storm will remain offshore, potentially limiting damage to Fourth of July festivities. However, it’s crucial to remember to update insurance coverage well before an approaching hurricane, as insurance companies typically restrict changes to property coverage limits when a storm is imminent.