January 5, 2012 – First of a series (2009-2011) The Massachusetts property and casualty industry enjoyed a $10 billion market for calendar year 2009. This $10 billion was split between personal lines and commercial lines with $5.2 billion or 52% in favor of personal lines and $4.8 billion or 48% of the premium from commercial […]
mass auto insurance news
Division of Insurance Approves Judson as New CAR President
Here is the Special Notice from the CAR website: Commonwealth Automobile Reinsurers is pleased to announce that Mr. Daniel R. Judson has been approved by the Division of Insurance to Assume the Position of CAR’s President. He plans to be on board as of November 1, 2011. Dan has a long-standing work relationship with CAR. […]
CAR Gives Us A Hint About the New CAR President
CAR has scheduled its first Governing Committee Meeting of the Fall for Wednesday, September 21, 2011 at 10:00am. In its Notice of Meeting posted on its website, the authority mentions that the Chairman of the Personnel Committee will be reporting on the status of its meetings from September 6th and 13th. More importantly, however, it […]
Fight Over Auto Repair Information Could Land on 2012 Ballot
Courtesy of Kyle Cheney, State House News Service STATE HOUSE, BOSTON, AUG. 3, 2011…..Backers of legislation aimed at boosting independent vehicle repair shops who say they’ve been deprived critical repair information and codes by large auto manufacturers are hoping to settle the hard-fought issue – a magnet for Beacon Hill lobbyists – once and for […]
New Study Says A Majority of New Policy Sales Come From Online Insurance Quote Applications
According to the results of the J.D. Power and Associates 2011 U.S. Insurance Shopping Study, for the first time since the study’s inception five years ago, a majority of new auto insurance buyers initiated their policy purchase by applying for a rate quote online. In particular, the study found that more than one-half (54%) of […]