Frank 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
Read MoreIMPORTANT NOTICE FOR PEOPLE WHO HEAT THEIR HOMES WITH OIL October 14, 2010 For homeowners and rental property owners of 1 to 4 family homes who heat with oil, Chapter 453 of the Acts of 2008 became effective July 1, 2010. The law requires: The installation of either an oil safety valve or an oil supply line with protective
Read MoreHolyoke– The Dowd Agencies of Holyoke, MA announce that current Senior Vice President, David W. Griffin, Sr. CIC, LIA has been appointed Treasurer of the independent agency. Effective July 1, 2010, Griffin, Sr. will oversee various aspects of the company’s finances including accounting, cash flow, asset management, investment management and carrier management. In addition, he will ensure that policies
Read MoreAccording to a 2008 study conducted by the Association of Certified Fraud, U.S. businesses lose about 7% of their annual revenues to fraud. This equates to a staggering $994 billion loss each year nationwide to employee fraud. Even worse, occupational fraud schemes are extremely costly to a company’s bottom line, with the median loss in the 2008 study coming in
Read MoreInsurance buyers are both better educated about the insurance business and far more sophisticated in their insurance demands than ever before. Today, the buyer of insurance-whether an individual providing for a family’s needs or a risk manager of a corporation –knows that an integrated program of insurance protection consisting of property, casualty and liability, life and health insurance is needed.
Read MoreFear is an important motivator when it comes to buying insurance. We worry about what will happen to assets like cars or homes if they are involved in a disaster, so we buy insurance to help us maintain their financial integrity if something should happen. But in spite of the fact that insurance is designed for this purpose, sometimes it
Read MoreHolyoke/Amherst, MA – The Dowd Agencies, a locally owned independent insurance agency announces two new additions to its growing staff. Diane LaFleche and Jim Lawton recently joined the agency and will be working out of the Cray-Dowd Amherst office. Diane will serve as Cray-Dowd’s Commercial Lines Account Manager/Marketer for the Amherst location. In this role Diane will work with new
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