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. […]
mass auto insurance policies
The MAIP now on your iPhone, iPad or Other Mobile Device
Latest Updates from CAR and the MAIP as of August 4th: With the approval of amendments to Rules 21.C.5 and 29.D.2 which were announced in the CAR Bulletin 945, CAR has updated and implemented the down payment requirements for eligible policies. CAR has a new PDF Viewer which allows the entire MAIP section to be […]
New Analytical Support for Insurers Embracing UBI
In response to the auto insurance revolution caused by the rise of usage-based auto insurance (UBI) also known as “pay-as-you-drive”, the global consulting firm Towers Watson announced this week that it is now offering a new drive-score analytic service to insurers. DriveAbility will provide analytical support for insurers that translates to an individual score for […]
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 […]
MA Chiefs of Police Want to Add $2-$2.50 Surchage to Auto Policies to Fund Training
“We don’t want a crisis and that’s what it’s coming to,” Northborough Police Chief and President of the Massachusetts Chiefs of Police Association, Mark Leahy told the Public Safety Committee late last week while promoting an auto insurance surcharge as the solution to the problem. Police Chief Leahy and the Association’s Executive Director Mark Sampson […]
