The new rates are expected to be based on auto carriers’ 2020 pandemic loss experience.
DOI News | Massachusetts Division of Insurance
News and updates from the Massachusetts Division of Insurance.
Massachusetts Insurance Commissioner Leads Insurance Standard-Setting
An update on the Commissioner of Insurance’s work with the NAIC from the Mass OCABR.
Mass AGO Continues Push For Auto Insurance Premium Reductions
The January 13th request was a follow-up letter to the initial request for a reduction back in April 2020.
DOI To Hold Hearing On CAR Proposed Performance Standards
The hearing will be held virtually on February 23, 2021.
DOI Approves Acquisition of Commonwealth Annuity & Life and First Allmerica Life Insurance Companies
The Division of Insurance approved of the acquisition of both insurance companies pursuant to M.G.L. c. 175, §206.