Just in case you haven’t visited the MAIP website lately, here are some updates as of July 22nd: MAIP Report Updates: All reports on the MAIP website are now .PDF rather than Crystal Reports. Changes to Rules 21, 28, 29, 30, 31 and 36 of the Rules of Operation were approved as of July, 18, […]
CAR news
Horton International to Spearhead Search for New CAR President
As Agency Checklists reported last week, the Governing Committee of CAR approved the selection of Horton International as the Executive Search firm charged with recruiting candidates to replace retiring President Ralph Iannaco. Horton International is an executive search firm founded in the U.S. in 1978. It specializes in the recruitment of talent for a variety […]
CAR to Hire Executive Recruiting Services to Find Replacement for Iannaco
Commonwealth Automobile Reinsurers announced that is now accepting Request for Proposals for Executive Recruiting Services to assist the Governing Committee in the selection of a candidate to succeed CAR’s outgoing President Ralph Iannaco. Mr. Iannaco announced his retirement earlier this year effective June 30th. In the announcement it states that the Governing Committee is seeking […]
Occidental, GEICO and Bankers Standard Insurance Co. Now Eligible for MAIP Assignments
At the April 20, 2011 CAR Governing Committee Meeting, CAR President Ralph Iannaco announced that three new carriers are now eligible for assignments through the MAIP, the Massachusetts Automobile Insurance Plan. Occidental Fire and Casualty, Geico and Bankers Standard Insurance Company are now eligible for assigned risk assignments through the MAIP. Both Occidental and Geico […]
Proposed Amendment to Performance Standards for Payment & Handling of Private Passenger Motor Vehicle Claims
On Tuesday, March 8, 2011 at 10:00 a.m., the Massachusetts Division of Insurance will hold a hearing regarding the proposed amendments to the Performance Standards for the Handling and Payment of Private Passenger Claims by Servicing Carriers. Commonwealth Automobile Reinsurers or CAR adopted these standards on November 3, 2010. Pursuant to Massachusetts Insurance Law, the […]