The Division of Insurance will hold a public hearing on the proposed rule changes to CAR’s Rules of Operations on June 8, 2012 at 10:00 am. The Massachusetts Association of Insurance Agents (MAIA) had requested a public hearing in a May 1, 2012 letter to CAR President Dan Judson pursuant to Article X of the CAR Plan of Operation. The issue concerns the proposed modifications to Rules 28, 30 and 31 of the CAR Rules of Operations and which involve the following:
- Rule 28 – Application Process
- Rule 30 – Assigned Risk Company Requirements
- Rule 31 – Assigned Risk Producer Requirements
The Division further explained the proposed changes in its Notice of Hearing stating:
In brief, the proposed amendments to Rules 28, 30 and 31 all address making available to an Assigned Risk Producer (“ARP”) information on an Assigned Risk Carrier’s (“ARC) voluntary rates at the point of an assignment. Ability to obtain a voluntary quote at that time will enable the ARP to compare it to the premium that would be otherwise applicable under the Massachusetts Automobile Insurance Plan (“MAIP”) for the purpose of determining the required down payment.
The Docket Number for the June 8th hearing is C2012-01. Any one interested in participating in the hearing either by giving oral or written testimony may do so by submitting a Notice of Intent to Comment no later than June 4, 2012. The DOI requests that all notices, written comment and other submissions be sent to the following address:
Docket Clerk Hearings and Appeals Division of Insurance 1000 Washington Street, Suite 810 Boston, Massachusetts 02118-6200 Reference: Docket No. C2012-01_______________________________
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