Massachusetts AG Wants New Regulations for Insurers, Agents

By | May 28, 2010

  • June 1, 2010 at 11:44 am
    Jane Logan says:
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    The AG should be checking to see if Progressive and other direct writers under selling promotions such as “name your price” are dealing fairly with consumers.

    Everytime I see that big-headed, odd looking Flo with her price gun I just cringe…

    I don’t think allowing insured’s to purchase high cost / low value coverage under a “name your price” program is very good for consumers.

    I picture a “name your price” consumer finding out too late they have great towing coverage and low optional bodily injury limtis after they’ve had a horrific accident.

    The direct writers, not independent agents need to be more regulated by the AG’s office.

  • June 1, 2010 at 12:39 pm
    Pat Beranger says:
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    I always thought it was the Insurance Commissioner’s job to regulate insurance. Apparantly that’s not the case in MA. A cynic might call it a pander for votes, but that didn’t work out so well in MA last election . . .

  • June 1, 2010 at 12:54 pm
    Hey Zeus says:
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    She is still got her panties in a bunch about losing to Scott Brown.

  • June 1, 2010 at 1:22 am
    Doctor J says:
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    ..you expect agents to use InsWeb? Sheesh!

  • June 1, 2010 at 2:58 am
    Jeff says:
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    One of Coakley’s political rivals was a woman named Nonnie Burns, who was the insurance commisioner until recently. Burns was the one who pushed through the so-called Managed Competition. In Massachusetts we had the annual farce of rate hearings, since prices were set by the state. Attorney general’s like Martha got to play hero by representing consumers at the hearings. She was quite bitter to lose that forum.

  • June 1, 2010 at 3:23 am
    Hooray for Capitalism says:
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    I believe Obama said she was an “unqualified candidate that ran a bad campaign”…and that was BEFORE SHE LOST…..he should have figured that out before supporting her.

    This is one of the problems of liberals like Marsha and Jane Logan below…they assume people are stupid and incapable of learning how to understand what they’re buying….whether it be credit card providers, mortgage loans, or auto insurance. So they impose broad strokes of purported solutions which don’t solve the problem: if someone doesn’t know the difference between tow coverage and liability limits, no amount of quotes is going to help their sorry butt. How about a little education?????????????

  • June 1, 2010 at 6:24 am
    Hawk says:
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    How can you manage competition and still have the nerve to use the word competition?

  • June 2, 2010 at 9:46 am
    caffiend says:
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    So where’s the Insurance Commissioner? I always thought it was the job of the DoI to fix insurance problems. Not the AG

  • June 20, 2010 at 7:44 am
    CHris says:
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    Are you kidding me. Talk to Allstate about claims of saving consumers 42% on a Progressive rate which they say includes a 40% discount and tell me how that math works. I’ll tell you how it works, they are being sold crap coverage and not explaining the coverage differences to their”clients” until they have a non covered loss. All the while not helping the consumer with high property rates because they aren’t required to write it in this “Common Wealth” Then taking the profits from domestic, tax paying , employing companies and shipping them to Ohio. Get your head out of your arz Martha.

  • June 22, 2010 at 1:16 am
    Mrs Dean Wormer says:
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    It IS the insurance commissioner’s job to regulate insurance. In this case, I don’t believe there is a problem in need of a solution.



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