February 6, 2017 – As scheduled, Point Insurance had its hearing before a Governing Committee Review Panel of Commonwealth Automobile Reinsurers (CAR) on January 31, 2017. Find out all the details on what happened.
January 30, 2017 – As part of its agreement with 16 long-term care carriers to allow rate increases, the DOI has published this “Q&A” for the approximately 55,000 policyholders affected by the rate increases.
Insurers using “retail book value” for valuing total losses under the Massachusetts Commissioner’s auto repair regulations ruled on by the Appeals Court.
Rate requests of up to 300% by long-term care insurers have been capped at 40% by an agreement with the Division of Insurance.
A recap of the January 12, 2016 Market Review Committee of Commonwealth Automobile Reinsurers on the 10 Requests for Review submitted by Point Insurance.