February 6, 2017 – PIMA stands for the Professional Insurance Marketing Association.
Point Insurance Loses Appeal to CAR Review Panel; Next Stop Commissioner of Insurance
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.
DOI Issues A “Q&A” For The 55,000 Policyholders Affected By Long-Term Care Rate Increase Approvals Of Up To 40%
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.
Mass. Appeals Court Takes Aim At “Retail Book Value” For Total Losses Under MA Auto Policy
Insurers using “retail book value” for valuing total losses under the Massachusetts Commissioner’s auto repair regulations ruled on by the Appeals Court.
Long-Term Care Policyholders’ Rates May Rise 40% Under Agreement With 16 Carriers
Rate requests of up to 300% by long-term care insurers have been capped at 40% by an agreement with the Division of Insurance.