Mass. Bill Would Add Liability Coverage to FAIR Plan’s Non-Owner Occupied Dwelling Policy

  Wednesday, July 2nd, 2014 Source: Insurance Journal

The Massachusetts Association of Insurance Agents (MAIA) is pushing a bill, S-465, that would require the Massachusetts Property Insurance Underwriting Association (MPIUA), also known as the Massachusetts FAIR Plan, to have liability coverage included in its Non-Owner Occupied Dwelling policy for one-to-four residential units. MAIA, an association representing more than 1,400 independent agencies in Massachusetts, noted S-465 (“An Act relative to liability coverage under the Massachusetts Property Insurance Underwriting Association”) has passed the state Senate and is now awaiting consideration by the state House.

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