Archive for May, 2008

High Risk Relief for New Mass. Auto Insurers Irks Established Players

InsuranceJournal.com, May 5, 2008
Massachusetts auto insurers have been operating under a new managed competition auto insurance system for only a month now and now a battle is underway over how to treat newcomers.
The Patrick administration is offering a rule that exempts new auto insurers in Massachusetts from having to accept costly high risk drivers for the first several years of operating in the state— a rule existing insurers that must now accept such risks have denounced as unfair

Interview with Insurance Commissioner Nonnie S. Burnes

BostonHerald.com, May 1, 2008
A short interview with Massachusetts Insurance Commissioner Nonnie S. Burnes.

Progressive Begins Selling Mass. Auto Online; Casco Looks to Enter

InsuranceJournal.com, May 1, 2008
Progressive Insurance begins selling personal auto insurance online in Massachusetts today.
Meanwhile, Casco Indemnity, which writes auto insurance in the other New England states on behalf of several mutual fire insurers, is looking to re-enter the Bay State auto market it left back in 2004.