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Mass. Bans Credit Scores in Both Rating, Underwriting in New Auto Plan

East News • October 9, 2007
Auto insurers in Massachusetts will not be able to use credit scores to price or underwrite risks when the state enters its managed competition market next April. Insurance Commissioner Nonnie ...

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Subject: RE: Scoring

Posted On: October 10, 2007, 11:42 am CDT
Posted By: Lady Producer
Comment:
Having lived in MA for 24 years, this is almost the same try at competitive rates that failed in the late 80's. Same "MO", so nothing will really change. Plus this time they've even taken rating territories out of the mix so it will be worse for non urban drivers.

After the first year, when the urban Boston drivers see their non-subsidized bills under this "new" system, like the last time, they will start screaming to their state Reps and the state will go back to the same old system and nothing will change.

By the way - MA still does not reciprocate with states other than in New England, but there are many states that do not reciprocate at all, not unusual.
Subject Posted By Posted On
RE: Credit scoring-not the real story here Gill Fin
Oct 11, 2007, 11:09 am
Credit scoring-not the real story here DLR
Oct 11, 2007, 10:32 am
RE: RE: RE: RE: RE: Scoring STAT GUY Nobody Important
Oct 10, 2007, 2:20 pm
RE: RE: RE: RE: Scoring STAT GUY Gill Fin
Oct 10, 2007, 2:06 pm
RE: RE: RE: Scoring STAT GUY Status Man
Oct 10, 2007, 12:43 pm
RE: Scoring Lady Producer
Oct 10, 2007, 11:42 am
RE: RE: Scoring Stat Guy
Oct 10, 2007, 9:23 am
MA rating Nan
Oct 10, 2007, 8:42 am
So now adults pay the same rate as 16 year olds? Gill Fin
Oct 9, 2007, 11:36 pm
RE: RE: RE: RE: Scoring Pat Beranger
Oct 9, 2007, 2:24 pm
RE: RE: RE: Scoring Nobody Important
Oct 9, 2007, 1:48 pm
RE: RE: Scoring Pat Beranger
Oct 9, 2007, 1:07 pm
RE: Scoring Topcat
Oct 9, 2007, 1:01 pm
Scoring Jersey Broker
Oct 9, 2007, 12:29 pm
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