The Massachusetts House of Representatives voted yesterday afternoon to ban the use of credit scores when underwriting and rating private passenger motor vehicle insurance. The Bill quickly passed through the House without much debate. Representative Michael Costello, a Democrat from Newburyport, called the ban on credit rating for auto insurance policies “a win for consumers.” […]
maia auto insurance ballot initiative
AG Certifies MAIA’s Petition for November 2012 Ballot
The Attorney General completed its review of the 31 initiative petition submitted for the 2012 ballot yesterday, approving all but eight of the 31 petitions which included 30 proposed laws and one proposed constitutional amendment. Among those ballot initiatives approved was No. 11-13, entitled An Act Banning the Use of Socio-Economic Factors for Insurance Underwriting […]
