BOSTON- State regulators and auto insurance companies doing business in Massachusetts are opposed to a legislative proposal that would impose $15 million in new surcharges on insurers to pay for police training. "The amount we commit to the tax revenue and additional assessments in the commonwealth of Massachusetts probably exceeds any other regulated industry," said James Harrington, executive director of the Massachusetts Insurance Federation. "Police protection is a public function, and it should be paid for by city and town taxpayers, not the insurance companies or people who buy insurance policies, for that matter," said Daniel Johnston, president of the Automobile Insurers Bureau of Massachusetts....
We are unable to display this entire news item because this article's licensing expires after a certain amount of time. This article was originally published by Providence Journal and it may be available at their website. Sorry for the inconvenience.
Car Insurance News: Bill Would Use Surcharges to Train Police...Get an auto insurance quote!