NEWS

Construction Risk & Insurance Specialist (CRIS) designation program in partnership with International Risk Management Institute, Inc. (IRMI®)

Certified Insurance Service Representative (CISR) Program Top-quality professional training seminars

AG Recovers $2,65 Million for Commonwealth from CVS Pharmacy for Prescription Overchages Cities and towns to receive restitution and more than $1.3 million is recovered for taxpayers

MEMA Offers Hurricane Preparedness Tips

Bonds - James or Barry ...the Who, What and Why of bonds!

SERVICES

Training Center Rentals
Meeting space is available in our Training Center

Company Rate Filing Information
MAIA's review of Company Filings

Marketplace
Listing Service for MAIA Members interested in ...

Data Security Toolbox
Your Association's toolbox for compliance with ...

JOB CENTRAL - JOB BANK & MORE!
The Association's Resource Center for Career ...


 

Workers' Compensation Program Guidelines


Underwriting Criteria
  • States available: AL, CT, DE, IL, IN, KA, KY, LA, MA, MD, ME, MI, NC, NH, NJ,
    NY State (will NOT write business in NYC), RI, TN, TX, VA, VT and PA
  • All job classes and phraseologies must be eligible
  • No laboratories
  • No Religious Organizations
  • No Airport Exposure
  • No placement services or temporary agencies
  • No seasonal operations
  • No 24-Hour operations
  • No Boat Rentals
  • No Recycling Centers
  • No Convenience Stores
Reasons for Rejection
The following are the most common reasons for rejection in the program:
  • At least one class code is not eligible (see approved class codes)
  • Less than 3 years field experience for construction class code start-ups, other than construction start-ups are considered.
  • Unfavorable loss experience, debit mod or insurance score
  • Answers to the general information questions are not acceptable
Effective Date Information
The proposed effective date must be the date that the application was received at the Number One Insurance Agency, Inc. or a date thereafter.
 

Underwriting Criteria
  • Office/Retail/Service/Miscellaneous Classes – No Requirement for years in business.
  • Construction/Manufacturing Classes – Minimum of 3 Years
    • Require “Master” Electrician / Plumber
  • Part-time employees are eligible.
  • Maximum of 20 employees per location
  • All insured’s using an Independent Contractor, must retain certificates of insurance.
  • No risks located in buildings over 25 stories tall
  • No 24 hour operations
  • No Workers under 16 years or over 70 years of age
  • No Insured sponsoring athletic teams in which employees participate
  • No owned or chartered aircraft
  • No employee group transportation or vanpool arrangements
  • No lifting or loading/unloading of heavy objects
  • No employee leasing companies or temporary-help agencies
Coverage Restrictions
  • No coverage for employees based outside of MA [under 180 days/year is acceptable]
  • No Federal Employers Liability Act
  • No Longshoreman’s and Harbor Workers Compensation Act
  • No Outer Continental Shelf Land Act
  • No Defense Bases Act
  • Non-Appropriated Fund Instrumentalities Act
  • Maritime coverage including the Jones Act
  • Foreign Voluntary Compensation with or without Reparation
AIU Holdings, Inc., Rated "A (Excellent)" by AM Best

Underwriting Criteria
  • Start-up operations must have 2 years of background and experience
  • Minimum premiums (manual, unmodified, undiscounted)
    Contractors $6,500
    Truckers $10,000
    All Others $2,000
  • Maximum premium $135,000
  • Maximum Experience Mod <1.79* Subject to underwriting
  • States available: AL, CO, CT, GA, IL, IN, KS, LA, MA, MD, MO, MS, NH, NY, NC, PA, SC, TN, TX, VA and VT
  • All job classes and phraseologies must be eligible
  • No laboratories
  • No placement services or temporary agencies
  • No Franchises
  • No 24-Hour operations
Common Reasons for Rejection
The following are the most common reasons for rejection in the program:
  • At least one class code is not eligible (see approved class codes)
  • Premium too small
  • Start-up operations with less than 2 years of background and experience
  • Class or premium shown on application is inconsistent with rating data sheet
  • Unfavorable loss experience
  • Answers to the general information questions are not acceptable
Effective Date Information
The proposed effective date must be the date that the application was received at the Number One Insurance Agency, Inc. or a date thereafter.