Posted by Nina Terenzi on Sep 27, 2023

EIG: What brought you to Eastern Insurance Group?

Posted by Nina Terenzi on Sep 18, 2023

The Massachusetts Property and Underwriting Association (MPIUA), better known as the MA FAIR Plan, offers property insurance to people throughout the Commonwealth who can’t otherwise obtain coverage through the traditional market. The MA FAIR Plan (Fair Access to Insurance Requirements) is often considered a “last resort” option for homeowners who are considered high-risk due to factors including property location, conditions, claims history, low credit scores, certain dog breeds, renovations etc.

Posted by Eastern Insurance on Sep 14, 2023

Strong, destructive storms can occur at any time of the year for New England residents. Storms have been proven to becoming more powerful with increasing severity year over year, especially regarding coastal flooding and power outages.

Posted by Nina Terenzi on Aug 29, 2023

In the event of a catastrophic commercial property loss, the process of getting your business back up and running can be overwhelming. Although infrequent, these types of claims can severely impact operations, earnings, morale, and company reputation. In the moment, responding to the loss can seem daunting. But the actions you take within the first few hours can make the difference between getting your business back on track as soon as possible or experiencing significant roadblocks and delays.

Posted by Nina Terenzi on Aug 22, 2023

Today, offering a well-rounded benefits packages that takes employees’ wellness needs into consideration is a competitive advantage for employers. And in this era when healthcare costs are soaring, providing a Health Flexible Spending Account (FSA) is a meaningful way for employers to boost employees’ capacity to pay for out-of-pocket health-related costs.

Posted by Nina Terenzi on Aug 15, 2023

Wildfires, floods, hurricanes, and other natural disasters are erupting more frequently and with little predictability. Most studies suggest the severity and frequency of these weather events will continue to intensify. In recent years, the devastation caused by natural disasters, together with the rising cost to rebuild, has driven up the price of insurance premiums and limited the available coverage.

Posted by Nina Terenzi on Aug 09, 2023

EIG: What brought you to Eastern Insurance Group?

Posted by Nina Terenzi on Aug 03, 2023

Employee Assistance Programs (EAPs) are valuable workplace resources that can help employees and their families manage a wide range of stresses, including financial struggles, aging parents, and mental health concerns. Employers may obtain EAP programs as a free add-on from their insurance carrier or purchase them as a standalone benefit from a professional EAP vendor. 

Posted by Nina Terenzi on Jul 17, 2023

Companies that own vehicles used to perform business-related activities must carry commercial auto insurance. Insurance premiums for commercial auto coverage are often a significant part of a company’s budget and in 2023 premium costs are expected to climb higher. Risk managers and business owners may give themselves an advantage by staying up-to-date on factors driving premium costs as well as contemporary methods for managing them.

Posted by Nina Terenzi on Jun 28, 2023

Car and homeowners insurance premiums are expected to continue rising in 2023 and inflation is only partly to blame.