March 7, 2011 – A new study from the Insurance Research Council examined the before and after of three reformed automobile insurance markets in three states including Massachusetts.
auto insurance in mass
Auto Insurance Reform Turns Three
On April 1st managed competition in the Massachusetts automobile insurance marketplace turned three. This change ended the prior fixed and established system under which the Commonwealth set auto insurance rates. The new system, implemented in 2008, created a marketplace that allows companies to compete for consumers through rates, discounts and benefits. Since the reform began, […]
