Since April 13th, AG Healey’s Insurance & Financial Services Division has sent five letters to the DOI In response to five different written requests from the Attorney General of Massachusetts’ Office with respect to COVID-19, the Division of Insurance sent a formal response on June 5, 2020. Primarily, after reminding the AG’s Office of the […]
mass doi bulletins
New Requirement for MA Motor Vehicle Insurance Policies
In the interest of promoting transparency to affected consumers, the DOI has announced that all insurers shall be required to include specific language as to the determination of the actual cash value of a damaged motor vehicle as set forth in 211 CMR 133.05(1), or substantially similar language, in the motor vehicle insurance policy contract. […]
