Massachusetts AG Urges Auto Rate Cuts

Massachusetts Attorney General Thomas Reilly joined the State Rating Bureau yesterday in urging state insurance regulators to cut personal auto insurance rates. The AG’s office called for a 10 percent decrease. The State Rating Bureau has suggested a 12.9 percent decrease.

Representatives from the auto insurance industry are seeking a 0.7 percent increase. Insurance Commissioner Linda Ruthardt has until Dec. 15 to decide on rates for next year.