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Massachusetts Property Insurance Underwriting Association

Insurance

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revenue-icon Revenue
11M - 100M
funding-icon Total Funding
--
size-icon Size
51 - 200
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Employees
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Frequently Asked Questions About Massachusetts Property Insurance Underwriting Association

What does Massachusetts property insurance underwriting association do?+

The Massachusetts Property Insurance Underwriting Association (MPIUA) is a residual market insurance association in which all companies writing basic property insurance in the Commonwealth are required to participate with losses shared among the member companies on a premium volume basis. Responding to Federal Legislation, the Massachusetts Legislature in 1968 called for an urban area insurance placement facility and thereby gave rise to MPIUA. MPIUA is also known as FAIR Plan (Fair Access to Insurance Requirements). The FAIR Plan operates similar to that of a normal insurance company in that it underwrites and inspects risks, accepts premium, issues policies and adjusts...

What is Massachusetts property insurance underwriting association's industry? +

Massachusetts property insurance underwriting association operates in the Insurance industry.

What is Massachusetts property insurance underwriting association's revenue? +

Massachusetts property insurance underwriting association's revenue is 11m - 100m

What is Massachusetts property insurance underwriting association's company size? +

Massachusetts property insurance underwriting association has 51 - 200 employees.

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