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Carriers Protest Maryland Automobile Insurance Fund's Rates

East News • September 2, 2008
Maryland's private auto insurance industry is objecting to a proposal by the state's insurer of last resort to lower rates as gasoline and food prices rise. At a hearing in Baltimore on Friday, ...

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Subject: Sounds reasonable?

Posted On: September 2, 2008, 12:50 pm CDT
Posted By: Mike
Comment:
I don't know the MD auto marketplace but the following line sounds ridiculous to me..."We insure people who are struggling and to the extent that we can help out, we want to.''

Let's just lower rates because the people need a break even though it may not make financial sense. Ridiculous.
Subject Posted By Posted On
RE: Sounds reasonable? Jake
Sep 2, 2008, 2:07 pm
Sounds reasonable? Mike
Sep 2, 2008, 12:50 pm
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