Romney’s top rivals are reminding voters that Massachusetts residents have until Thursday to sign up for health insurance or face possible penalties%26mdash;a requirement that Romney signed into law when he was governor.
The Republican presidential candidate isn’t doing as much to mark the milestone.
Massachusetts residents had to sign up by Nov. 15 or they likely would […]
Beginning in April, a series of reforms will change the market in which automobile insurance is sold and serviced in Massachusetts. Under the current system, state regulators set the rates insurance companies can offer auto insurance consumers. With the introduction of the new plan, deemed “managed competition,” the hope is that by allowing insurance companies […]
BOSTON The state’s auto insurance market gets a glimpse of greater competition Monday when carriers disclose their proposed rates, but the big unknown is whether motorists honk for joy or hit the guardrail.
The Patrick administration hopes the result is better than the last time Massachusetts tried to create a competitive system for setting auto […]
BOSTON State Insurance Commissioner Nonnie Burnes said Thursday she wasn’t sure how much she pays to insure her car.
And, because Massachusetts has a non-competitive auto insurance market, she’s also not sure whether she’s getting a good deal.
By the numbers
Only 19 insurance companies provide auto coverage in Massachusetts.
Since 1990, 35 insurers have pulled out of […]
BOSTON State Insurance Commissioner Nonnie Burnes on Tuesday proposed opening the Massachusetts auto insurance market to competition, but said she would ban insurers from considering such socioeconomic factors as education and income.
Ms. Burnes issued draft regulations that would retain the subsidy for urban drivers to keep their rates low while allowing insurers to base […]
BOSTON State Insurance Commissioner Nonnie Burnes’ order to introduce managed competition to the auto insurance market in April is drawing fire from some state legislators, who say it could lead to discriminatory rates against urban, poor and minority drivers.
Rep. Antonio F.D. Cabral, D-New Bedford, and Sen. Dianne Wilkerson, D-Boston, who co-chair the Joint Committee […]
BOSTON The Massachusetts insurance commissioner Friday banned the use of drivers’ credit scores in auto insurance coverage decisions under a final set of rules opening the state’s auto insurance market to greater competition.
Commissioner Nonnie Burnes expanded restrictions on insurers’ use of credit histories after consumer advocates, the state’s attorney general and some insurers said […]
BOSTON Gov. Deval Patrick’s plan to open the state’s auto insurance industry to more competition is coming under fierce scrutiny on Beacon Hill.
Members of a special Senate panel said Monday they’re worried the plan doesn’t include enough protections to guard against discrimination by companies offering insurance products.
“I think this is just the worst economic […]
If you own a car, auto insurance is not just an option—it is a legal necessity. And you wouldn’t want it any other way. If you are involved in an accident or have your car stolen, owning the right kind of auto insurance can help to ease a difficult situation. The information below will provide […]
As insurance rates climb nearly as fast as gas prices, more and more people are trying to find ways to save money with their vehicles. With a little investigation and a few phone calls, chances are you can find discounts that you never knew existed. So call around or search the web to find the […]