FEB. 8, 2012 – This was announced in CAR Bulletin No. 956 this week:
CAR has filed with the Division of Insurance to adopt the Massachusetts Mandatory Endorsement M-0099-S as filed by the Automobile Insurers Bureau for use with the Massachusetts Automobile Insurance Policy (2008 Version) for assigned risk policies with effective dates of April 1, 2012 and subsequent. The endorsement introduces language relative to the determination of actual cash value as set forth in 211 CMR 133.05(1) to comply with Division of Insurance Bulletin 2011-14.
