Mass. Supreme Court Weighs Commissioner’s Authority
The Massachusetts Supreme Court is scheduled to hear oral arguments today in a case that could decide the future of the state’s auto insurance market.
Commerce Insurance Company v. Commissioner of Insurance
Automobile Insurance deals with whether the Commissioner of Insurance has authority to set up an assigned risk plan for automobile insurance in Massachusetts.
Commissioner Julianne Bowler attempted to install an assigned risk plan to replace the current high risk reinsurance facility but was thwarted by Commerce Insurance Co., the state’s biggest auto carrier, and others who maintain she exceeded her authority in doing so.
Popular Today
- Clash of Florida Titans Pits Powerful Tribe Against Homebuilder Lennar
- 20 Years After Hurricane Katrina: Are Insurers Ready for a Different $100B Disaster?
- Robotaxi Riders Are Falling Asleep, Sparking Frantic 911 Calls
- Remember the Fall of Patriot National? Trial in Suit vs. Mariano’s Lawyers to Begin