Bill > H1185

This bill aims to protect consumers in the issuance of automobile insurance policies and bonds. The key provisions are: 1. It requires that all motor vehicle liability policies issued or delivered in the Commonwealth conform to a standardized uniform policy text approved by the Commissioner of Insurance. 2. It mandates that no motor vehicle liability policy can be issued, delivered, or changed in any coverage, condition, or definition unless it is approved by the Commissioner after a public notice and hearing process, and the Financial Services Committee of the General Court is notified at least 21 days before the public hearing. 3. The bill applies these requirements to all motor vehicle liability policies issued on or after the effective date of the act.

Business and Industry

https://malegislature.gov/Bills/192/H1185