Tag Archives: Frank Mancini

Attorney General Pushes for Change in Auto Insurance Market

The State Attorney General’s office released a report this last December contending the deregulated auto insurance market has not decreases rates for consumers. Prior to deregulation Massachusetts insurance rates were set by state regulators and based on driving records and location the car is registered. Because of this there was little variation in quotes from [...]

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Massachusetts Managed Competition System Program Assessed

In April 2008, the state government put a managed competition system in place through the Division of Insurance. After some time, the system still continues to receive mixed reviews. Before the system, state government set the rates for auto insurance effectively regulating insurance providers’ ability to raise rates to gain more revenue. When the plan [...]

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Appeals Board Retained…for now

Yesterday on Beacon Hill, Commissioner Burnes stated that she will retain the state board allowing drivers to appeal auto insurance surcharges.  As Boston.com reports, supporters of the board process were satisfied with Burnes’ change of position on this matter and believe that it is best for the consumer.  Whether or not the Appeals Board will be [...]

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Massachusetts Auto Insurance Appeals Board To Be Shuttered

NECN delivers a very important story for Massachusetts auto insurance consumers – if your insurance company raises your rates because of an accident and you think it’s unfair, you won’t be able to appeal it to the commonwealth beginning on April 1. Check out NECN’s reporting: Here is a key point explained by NECN: If [...]

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Massachusetts: Not your grandfather's auto insurance market

The Metro Daily News captured a great quote from Frank Mancini, president and CEO of the Massachusetts Association of Insurance Agents, regarding the introduction of competition to the Massachusetts auto insurance market: “It’s a big change for everyone.  We’ve had the same insurance system since the 1920s.” An important point to remember; indeed, Massachusetts has [...]

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