2 insurers will pay millions to settle bikers’ lawsuit
News from Bizjournals.com:

Boston Business Journal by Matthew L. Brown, Reporter

Date: Tuesday, December 4, 2012, 3:01pm EST

Copyright Georgia O’Keeffe Museum

Motorcycle insurance in Massachusetts: Insurers Amica and Encompass, an Allstate subsidiary, must pay $ 2.8 million to motorcycle riders they overcharged by valuing bikes as if they were new. 

Matthew L. Brown
Reporter- Boston Business Journal

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AMA Event Insurance for Clubs and Promoters
News from MotorcycleUSA.com:

The American Motorcyclist Association is pleased to announce a new preferred insurance provider and an improved insurance program for all AMA-sanctioned events. The program features industry-leading event liability coverage options at great rates for AMA-chartered clubs and promoters.

The program, which takes effect Dec. 31, 2012 and applies to all 2013 AMA-sanctioned events, results from a new preferred provider partnership with motorsports insurance veteran K&K Insurance.

“K&K Insurance is a longtime provider of motorsports liability insurance and a loyal supporter of AMA events,” said AMA Vice President of Operations Jeff Massey. “Our members and our organizers expect and deserve the best and we’re excited about this opportunity to work with such an experienced provider to deliver on all counts in 2013.”

K&K Insurance also will be the general liability insurance provider for the AMA.

“We are pleased to extend our relationship with such a valued and professional partner,” said AMA Vice President of Administration Bob Chaddock. “General liability coverage is an important aspect of any business, and it is critical…………… continues on MotorcycleUSA.com

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