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Business Insurance

MA Workers' Comp Rate Changes effective 7/1/2023

The Massachusetts Commissioner of Insurance has approved a Stipulation for the general revision of workers’ compensation rates, effective 12:01 A.M., July 1, 2023, applicable to new and renewal policies. Lou Tonry summarizes the changes for you in

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Legal Ownership of Property

The practice of using trusts or limited liability corporations (LLCs) has become more common and they are often used for transferring legal ownership,set protection, estate planning, tax strategies, or for privacy reasons. As a business grows or

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Contractor's Equipment Valuation Method

The equipment and tools purchased for your business are a big investment. The insurance available to protect that investment is not created equal, and there are many options to consider. One important consideration when purchasing insurance for equipment

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DCAMM and Electronic Bid Bonds

Did you know that Massachusetts Division of Capital Asset Management & Maintenance (DCAMM) has enhanced its construction contract procurement processes by transitioning to an Electronic Bid Bond submission?

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What is Social Inflation?

Social inflation refers to the increase in court awards due to factors other than economic inflation such as changing attitudes of jurors due to society trends, views toward increased litigation, broader contract interpretations, and plaintiff friendly

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New Massachusetts RMV Service Center Handout

A new handout called RMV Service Center Services (document LIC118) has been created by the Massachusetts RMV. This handout contains information on which RMV transactions require and appointment, which can be processed in an RMV Service Center without

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UPDATE Tonry Insurance Group’s Response to COVID-19

NOTICE Our Quincy office has moved to Braintree