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Bill > S580


MA S580

Relative to commonwealth automobile reinsurers


summary

Introduced
01/22/2019
In Committee
07/16/2020
Crossed Over
07/16/2020
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation relative to commonwealth automobile reinsurers. Financial Services.

AI Summary

This bill amends Section 113H of Chapter 175 of the Massachusetts General Laws by removing the requirement that two members of the Commonwealth Automobile Reinsurers (CAR) governing committee be assigned risk producers who write private passenger automobile insurance exclusively through the Massachusetts Automobile Assigned Risk Plan. The bill seeks to change the composition of the CAR governing committee, which oversees the state's residual market for automobile insurance.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Read; and referred to the committee on House Steering, Policy and Scheduling (on 07/16/2020)

bill text


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