Massachusetts Property Insurance Underwriting Association (MPIUA / Massachusetts FAIR Plan)

What this document is

Massachusetts Property Insurance Underwriting Association (MPIUA / Massachusetts FAIR Plan): M.G.L. c. 175C is a state statute published by malegislature.gov. It is one of the Massachusetts documents that insurance license exam questions are written from, including massachusetts property & casualty, massachusetts personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• M.G.L. c. 175C, § 4(a) (Joint underwriting insurance; compulsory membership)

  “All insurers licensed to write and engaged in writing in this commonwealth, on a direct basis, basic property insurance or any component thereof in multi-peril policies, shall cooperate in organizing a joint underwriting association which shall provide basic property insurance to eligible...”

• M.G.L. c. 175C, § 3 (Solicitation of business; inspection of records; compensation of agents)

  “No insurance agent or broker licensed to sell basic property insurance shall be allowed to refuse a request for inspection from an eligible applicant for basic property insurance unless such applicant is: (a) Then indebted to any agent, broker or company for coverage requested; (b) Then unwilling...”

• M.G.L. c. 175C, § 7 (Denial by association; review)

  “The denial by the association of a part or all of the coverage requested by an eligible applicant, and any other decision requiring improvements to be made or loss prevention measures to be taken as a condition of providing basic property insurance shall be subject to review by the commissioner if...”

• M.G.L. c. 175C § 4(f) (Joint underwriting insurance; board)

  “The association shall be governed by a board of eighteen directors, who shall serve without compensation, ten to be elected annually by the members of the association by cumulative voting, and two representatives of associations of insurance agents and brokers doing business in the commonwealth and...”

• M.G.L. c. 175C § 1 (Definitions; eligible applicant)

  “''Eligible applicant'', any person having an insurable interest in property eligible for basic property insurance;”

• M.G.L. c. 175C § 7 (Denial of association; review)

  “The denial by the association of a part or all of the coverage requested by an eligible applicant, and any other decision requiring improvements to be made or loss prevention measures to be taken as a condition of providing basic property insurance shall be subject to review by the commissioner if...”

• M.G.L. c. 175C § 1 (Definitions; reasonable insurable value)

  “''Reasonable insurable value'', a reasonable limit on liability for complete loss of the property insured;”

• M.G.L. c. 175C § 6 (Liability for operations of association)

  “There shall be no liability on the part of, and no cause of action of any nature shall arise against insurance companies, the association, or agents or employees thereof, or insurance agents or brokers using the, plan or association, or the commissioner or his authorized representatives, for any...”

• M.G.L. c. 175C § 9 (Market assistance plan; publication of availability)

  “Upon being contacted by the applicant or broker, the participating insurer shall evaluate the insurance risk posed by such application and may accept or decline to underwrite the insurance coverage. An insurer which declines to underwrite such coverage shall have the duty of informing the applicant...”

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Questions about this source

More Massachusetts sources

• M.G.L. Chapter 176D - Unfair Methods of Competition and Unfair and Deceptive Acts and Practices in the Business of Insurance (Secs. 1, 2, 3, 3A, 4, 5, 11)State statute
• Massachusetts accident and health / disability policy provisions: M.G.L. c. 175, ss. 108-108N, 110A-110M, 111State statute
• M.G.L. ch. 176D, Unfair Methods of Competition and Unfair and Deceptive Acts and Practices in the Business of Insurance (complete chapter)State statute
• Massachusetts insurance contract and general provisions applicable to all insurers: M.G.L. c. 175, ss. 2, 2A, 2B, 3, 181-194State statute
• Massachusetts group and blanket health insurance: M.G.L. c. 175, ss. 110, 110D, 110G, 110I, 110J, 110K, 110LState statute
• Massachusetts group life insurance: M.G.L. c. 175, ss. 133-138AState statute
• Massachusetts life insurance and annuity contracts, including standard policy provisions: M.G.L. c. 175, ss. 118-132A1/2, 139-146A, 149, 204State statute
• Massachusetts Life and Health Insurance Guaranty Association Law: M.G.L. c. 175, s. 146BState statute