WESTFIELD, Mass. — Residents of Hampden and Worcester Counties who stayed at hotels, motels or other short-term lodging at their own expense because their homes were damaged in the June 1 severe storms and tornadoes may be eligible for reimbursement of those expenses. Survivors must have had damage to their homes or loss of utilities on or after the June
Read MoreCertificates of insurance, evidence of coverage forms and binders (collectively hereafter referred to as “certificates of insurance”) are intended to summarize insurance policies, including liability limits, in lieu of providing the actual polices to insureds or third parties as proof of coverage. The Massachusetts Division of Insurance (“Division”) has been informed, however, that some insurance companies and insurance producers are
Read MoreSBA Assistance SBA provides low-interest business loans of up to $2 million to cover both repair of physical damage and to help a business overcome distaster-related economic injury. Rates will not exceed 4 percent for businesses with no other credit options and repayment terms of up to 30 years are available. If your business property secures and existing mortgage, a
Read MoreThe Red Cross Safe and Well website is being used to track residents who have been displaced by the tornadoes in the Springfield area. It is a free, public communication tool where those affected by disasters can register on the site and post messages that they are safe. Loved ones can then conduct a search on the site to view
Read MoreRobert W. Gilbert, Jr., President and CEO has been appointed to the Holyoke Community College Board of Trustees. Click here to read more
Read MoreInfo for BUSINESSES: FEMA and other federal agencies are currently in the middle of conducting an assessment. This assessment and further federal action may lead to resources becoming available in the future, but nothing as of yet. They’ve provided links to various business assistance agencies that can be found at the link below, but until the fed completes the assessment
Read MoreFrank Moskal Insurance Agency of 28 Parker Street, Indian Orchard, MA has merged with The Dowd Agencies of Holyoke, MA. The name of Frank Moskal Insurance Agency will change to Moskal-Dowd Insurance, Inc. and the quality service and insurance expertise that Moskal clients have known for more than 70 years will continue under this new name. Moskal Insurance was founded
Read MoreMassachusetts drivers have saved $480 million in car insurance premiums since a managed competition system was instituted three years ago this spring, says the state’s insurance commissioner. Instituting competitive rates also brought 13 new insurers to the Bay State’s auto insurance market, and some consumers say they’re still reaping savings year-to-year as they find bargains thanks to careful comparison shopping.
Read MoreAllegations that some insurance companies were illegally using inflated motorcycle values to calculate premiums and failing to depreciate motorcycle values as policies renewed has resulted in settlements for over 100,000 policies. Click here to read the release from Attorney General Martha Coakley. If you purchased motorcycle insurance from Arbella, Hanover, Norfolk & Dedham, OneBeacon (Mass. Homeland), Liberty Mutual, Quincy Mutual, Safety
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