Wednesday, December 9, 2015

Massachusetts Attorney General complains of homeowner's policy rate hikes by two insurers

According to The Boston Globe, Massachusetts Attorney General Maura Healey is complaining of excessive rate hikes to homeowner's policies by Mapfre (formerly known as Commerce Insurance) and Safety Insurance.  Both insurers raised rates by about $100 on the average state premium of $1,150.  According to Healey's analysis of trends that are traditionally used to calculate rates, Mapfre should have lowered rates, while Safety's increase should not have exceeded 3 percent. 

1 comment:

Jr. Williams said...

what is the average salary for an insurance broker?
insurance brokers preston