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.

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.

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.

EIG: What brought you to Eastern Insurance Group?

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.

Attracting and retaining high-quality employees is a priority for most businesses and requires a strategy that goes beyond offering attractive compensation. Employees often choose work based on whether an organization’s culture aligns with their own values, career development opportunities, or the presence of benefit options that empower them to make choices based on their personal lifestyles. Robust benefits packages today frequently include self-directed options that help plan participants stretch their budgets in a variety of ways.

Cybercrime is a burgeoning business. The World Economic Forum reports that by 2025 the global cost of cybercrime could reach $10.5 trillion annually. Individuals, businesses, and governments must work diligently to protect sensitive data. For businesses, one of the most common entry points for intruders is through compromised or hacked passwords used to access company data.

EIG: What brought you to Eastern Insurance Group?

According to The Federal Emergency Management Agency (FEMA), flooding is the most common and most expensive natural disaster in the United States. During our era of extreme climate transformation, flood risks are more common than ever. Heavy rain and flash floods can hit almost any community and can be financially devastating to homeowners.

EIG: What brought you to Eastern Insurance Group?