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Home / MA: Dem AG Now Trying To Control Home Owners Insurance RatesMA: Dem AG Now Trying To Control Home Owners Insurance Rates
Last Updated on Friday, 30 November 2007 10:30 Written by rslcpol Friday, 30 November 2007 10:30
Meanwhile, Massachusetts attorney general Martha Coakley is calling for a sharp reduction in FAIR plan rates, accusing the state underwriting association of gouging homeowners while earning more than $100 million in profits over the past three years.
Ms. Coakley has advised Commissioner Burnes to cut rates on the Cape and Islands by 29 per cent. Ms. Burnes is reviewing the request, but is not expected to make a decision before Jan. 1.
This entry was posted on Friday, November 30th, 2007 at 10:30 am and is filed under Attorney General News.
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