Insurance commissioner OKs rates plans for eight auto insure

by lilacsigh » Thu Dec 20, 2007 09:50 am

The Massachusetts insurance commissioner has approved 2008 rates for eight auto insurers after finding their rate proposals appear to be fair to consumers.

The eight are the first to win clearance as the state shifts to a system in which auto insurers rather than regulators set rates while an additonal eleven insurers are still awaiting the results of their applications.

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