Dec. 14--With three weeks remaining before a new governor takes over, the Romney administration yesterday launched a major change in the state's auto insurance system that will take three years to implement and could affect one of every four drivers in the state. The state insurance commissioner, Julianne M. Bowler , said she was moving to a system where drivers that no carrier wants to insure would be assigned to individual companies rather than placed in a pool where their losses are shared. Under Bowler's assigned-risk plan, premiums for drivers assigned to a carrier would not change, but those drivers would lose the ability to select their own insurance company and could lose access to pricing discounts offered by their current insurer.....
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Car Insurance News: Insure Chief Launches Revamp of High-Risk Driver System...Get an auto insurance quote!