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Insurers File Mass. Auto Rates Today; Bill to Control Rating Factors Stalled

East News • November 19, 2007
The auto insurance market in Massachusetts gets a glimpse of greater competition today when carriers disclose their proposed rates, but the big unknown is whether motorists honk for joy or hit the ...

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Subject: RE: rating system

Posted On: November 19, 2007, 3:59 pm CST
Posted By: A. M. Castellini
Comment:
Be careful with the elements you permit carriers to use in calculating premiums. Most of the criteria mentioned are not actuarily proven, but are simply being used by carriers as a means to subjectivly increase rates. No, all of these various criteria are not being utilized and have not been approved in a great many states. Marital status has been an approved criteria for decades.
Subject Posted By Posted On
RE: rating system A. M. Castellini
Nov 19, 2007, 3:59 pm
rating system wudchuck
Nov 19, 2007, 8:39 am
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