The Massachusetts Insurance Agents Association recently announced a new affinity relationship with Pictometry, The Aerial Oblique Photography Company to offer agents “access to a vast database of 3D-like, high resolution aerial images.” Headquartered in Rochester, NY, Pictometry provides geo-referenced aerial, oblique image libraries and related software. As Pictometry explains itself, “Unlike tradition geospatial information systems […]
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Attorney General Coakley asks Insurance Commissioner Murphy to reduce commercial auto insurance rates
The Attorney General for Massachusetts, Martha Coakley sent a letter yesterday to the Insurance Commissioner Murphy requesting that he reduce commercial auto rates in Massachusetts via his statutory authority under G.L. c.175 . In her letter, the Attorney General cited the Commissioner’s previous failure to reject Progressive’s unjustified rate increased in February of this year and […]
Massachusetts AG Martha Coakley Proposes New Uses of 93A in Mass Auto Insurance
On May 27, 2010, Attorney General Martha Coakley proposed comprehensive new regulations that could potentially have far reaching consequences for the Massachusetts Automobile insurance marketplace and those agents who represent it. The proposed regulations fall under 940 CMR 28.00: Automobile Insurance Regulations and can also be found on the Massachusetts Office of the Attorney General’s […]