Massachusetts AG Urges Auto Rate Cuts
Massachusetts Attorney General Thomas Reilly joined the State Rating Bureau yesterday in urging state insurance regulators to cut personal auto insurance rates. The AG’s office called for a 10 percent decrease. The State Rating Bureau has suggested a 12.9 percent decrease.
Representatives from the auto insurance industry are seeking a 0.7 percent increase. Insurance Commissioner Linda Ruthardt has until Dec. 15 to decide on rates for next year.
Popular Today
- Florida CFO Issues Order on Public Adjusters as Debby Floods Carolinas
- Florida Insurer Can’t Object to Appraiser After the Award Is Decided, 11th Circuit Says
- With American Mobile Out, Florida’s Mobile Home Insurance Market Seems to Have ‘Fallen Apart’
- More People Moving In Than Out of Counties With High Catastrophe Risk