Your safety is our top priority See our travel guidance on COVID-19 BOSTON – It has been months since the Boston Convention and Exhibition Center or MassMutual Center in Springfield have hosted the kinds of … We’re all experiencing the many impacts that COVID-19 is having on numerous aspects of our personal and professional lives. Here are some resources to help: Crazy stock markets? (WWLP) – Starting Monday, indoor and outdoor stadiums, arenas and ballparks can start operating at 12 percent capacity. There are alternatives that can help buffer your retirement income. Read our market commentary and share the resources under “Customer” to help your employees understand more about market volatility. We are pleased that since the audit timeframe, in collaboration with the MCCA, we proactively addressed these findings.”. To be eligible for benefit payments, the insured must be disabled as defined by the policy and must satisfy the elimination period. Sudden market drops point up the value of long-term investing horizons and diversification. SPRINGFIELD — The Massachusetts Convention Center Authority needs to do a better job overseeing MGM Springfield’s management of the MassMutual Center, according to a report released Tuesday by state Auditor Suzanne Bump. Nine of the 16 events had discrepancies between the billable hours submitted by the staging vendor on MassMutual Center manual time logs to the event manager and the billable hours later invoiced by the staging company. A field hospital is opening at the DCU Center in Worcester, but now, Governor Baker says the MassMutual Center is one of three possible locations for additional facilities. These payments were five to 81 days. “The Authority must take steps to ensure it can hold MGM Springfield accountable for effective management and operation of the facility.”, In response to the audit, the Convention Center Authority said it takes the recommendations “very seriously, and it is important to note that there has been no material loss to the Authority.”. Insureds under quarantine and not ill likely would not meet the definition of disability. We’re also providing you – our customers, plan sponsors, and financial professionals – with up-to-date insights on how to weather market volatility. Check out Hotels.com to find the best hotel deals around MassMutual Center, from cheap to luxury & more! Recognized as a 2020 World's Most Ethical Company by Ethisphere, MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. For quicker access, we encourage you to take advantage of self-service tools available on MassMutual.com. When considering a claim submitted by an insured who is not actively engaged in the workforce at the onset of a disability, a full evaluation will be made of his or her unique circumstances, including an occupational history. Ten of the 11 invoice approval forms were not properly completed and/or approved. Whether hosting a major convention, medium-size business meeting or formal banquet, MassMutual Center has the staff and … Market analysis amid COVID-19: A football lesson, COVID-19, the Fed and the markets, and a rat lesson, Product/Fund Performance & Regulatory Documents, Modal Charge Disclosure and APR Calculator. Need a great Springfield hotel or accommodation near MassMutual Center? These circumstances can come about either voluntarily or involuntarily, where, for example, the insured might become a homemaker, a caretaker, a student, a retiree, unemployed, laid off, or take a sabbatical. And it’s good to know, you’ve got help. At MassMutual, we know that we’re all in this together. Two of the 11 events were not insured sufficiently: one was uninsured, and one was underinsured by $1 million. Is your pension plan prepared for unexpected market events? High School Diploma ( or GED) 1 year Experience working in call center or phone based/ service center environment; Ability to work shift between 6am - 6pm MST ( 8am - 8pm EST) The amounts ranged from $13,500 to $25,400. MassMutual believes that every claim must be analyzed individually with due regard given to the particular facts, the provisions of the specific policy at issue and applicable state laws. For 12 of the 16 events, invoice approval forms were not properly completed and/or approved. After that game has ended, fans will be asked to exit the MassMutual Center before reentering the building to have their tickets for the 7:30 p.m. contest scanned.” [ SportsNetwork ] Life Insurance Company and MML Bay State Life Insurance Company, are as follows: A.M. Best Company, A++ (Superior); Fitch Ratings, AA+ (Very Strong); Moody's Investors Service, Aa3 (High Quality); and S&P Global Ratings, AA+ (Very Strong). Stock market changes and your investment strategy By BusinessWest Staff October 15, 2020 662. MassMutual Center Hotels Car Rentals in MassMutual Center Metro Center Vacations COVID-19 alert: Travel requirements are changing rapidly, including need for pre-travel COVID-19 … The Authority did not receive required facility maintenance information from MGM Springfield. However, without adequate oversight of the contractor’s performance, any potential savings from this arrangement can be easily squandered by improper billing or poor facility maintenance,” Bump said. Count your financial eggs, Protecting yourself against market fluctuations in retirement, The power of perspective in turbulent times, Stock market changes and your investment strategy, Understanding recent market volatility and risk. MGM Springfield said on Tuesday: “We commend the important work of the Office of the State Auditor and the thorough review of the management and operations of the MassMutual Center from 2017-2019. “It may make sense for the Massachusetts Convention Center Authority to enter into a contract with a company, like MGM Springfield, that has expertise in the day-to-day operations of the MassMutual Center. Would a quarantine qualify an insured for benefits under their MassMutual Disability Income policy (Individual Disability Income, Business Overhead Expenses, RetireGuard, BuySell)? Get insights that can help you stay true to your investment course. Even during these challenging times, you can set your business on a path to a more financially secure future. Will MassMutual be able to fulfill disbursement requests for my policy(ies)/contract(s) during the COVID-19 pandemic? For more details, visit MassMutual's Business Continuity Program. It is best to review the policy for the specific definition(s) of disability. MassMutual continues to support our customers while balancing the increased need to accommodate a remote workforce. Editors' Picks. The MassMutual Center plans to … Here are some valuable resources to help you guide your employees through the uncertainty: Understanding recent market volatility and risk ; 3 Charles River Analytics, Cambridge, MA, United States of America. The authority said it was in the process of identifying issues when the audit took place. And we’ll manage through this together as well. Whether you’re a new or seasoned financial professional, MassMutual is here to support you. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. 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