After attention was brought to the lack of success of deregulation, massachusetts drivers are being reminded to review their auto insurance coverage. The whole purpose for deregulation of the auto […]
Deregulation
New reports are showing that deregulation of the insurance market is not proving to be successful. “When the Division of Insurance introduced the new deregulated auto insurance system nearly two […]
The Harsh Reality for College Graduates
College graduates come out with hopes, aspirations and debt. That’s right, debt. College graduates are graduating college with an average of 3,262 in credit card debt. In addition to credit […]
Road Rage and Ways to Combat Frustration on the Road
A recent nationwide study revealed driver habits and the cities that have the most aggressive drivers. According to the study, if you live in major city on either coast, you’re […]
Startling Statistics on High Risk Teen Drivers in MA, and Ways to Lower their Premiums
If you’re a parent, you know the feeling. You’re daughter or son has just received his/her driver’s license and is now legal to drive. While this is a joyous time […]
Department of Insurance Report
The Division of Insurance or the DOI issued an executive summary about the progress of Massachusetts change to managed competitive. Under the old system, state regulators set the insurance rates […]
What Does Everyone Have to Say About "Managed Competition"?
For years, the state of Massachusetts controlled auto insurance carriers to produce higher revenues. However, the system has changed directions, and state officials put a “managed competition” program into place […]
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 […]
Woman From Seabrook Faces Charges From Insurance Fraud
Anna Keegan allegedly exaggerated several insurance claims and was fraudulently collecting lost wages. She was charged with several instances of auto insurance fraud. The Massachusetts Insurance Fraud Bureau investigated her various […]
American auto owners may lose rights
GM and Chrysler are both bankrupt and seeking federal aid to stay in business. Both companies have not set aside any money in their bankruptcy plans for fatalities or injuries […]