Auto Insurance
Auto insurance reform panel is on a slow road.
Governor Mitt Romney’s bid to revamp the state’s auto insurance system is running behind schedule, bogged down by a lawsuit filed by the state’s leading insurer and a slow-moving task force plagued by political infighting and the complexity of the task.
The lack of progress was evident yesterday when Insurance Commissioner Julianne M. Bowler held her annual hearing on whether she should stop setting auto insurance rates.
Regulators and industry officials, who last year had hoped to be moving toward a competitive system by now, acknowledged yesterday that progress has been slow and the…
Source : accessmylibrary.com
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