CAR Approves Modification to Rule 2’s Definition of “Eligible Risk”

    Posted by MAIA on June 21, 2019

    Commonwealth Automobile Reinsurers (CAR) recently released Bulletin No. 1081,  "Proposed Changes To The Rules of Operation,” explaining their revisions to Rule 2 — Definitions. The Bulletin reads in part:

    CAR’s Governing Committee, at its meeting of June 19, 2019, approved a revised modification to Rule 2 – Definitions of CAR’s Rules of Operation. The revision specifies that in order to qualify as an “Eligible Risk,” an applicant must establish “that any person who usually drives the motor vehicle(s) holds or is eligible to obtain a valid operator’s license.”

     

    Read Bulletin No. 1081 in its entirety HERE.


     

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    Topics: The Massachusetts Agent, Industry News

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