July 23, 2004
FOR IMMEDIATE RELEASE
CONTACT: Chris Goetcheus
Insurance Commissioner Bowler Names New C.A.R. Appointees
(Boston, MA) Massachusetts Insurance Commissioner Julianne M. Bowler today announced the appointment of five new members to the Governing Committee of Commonwealth Automobile Reinsurers ("C.A.R."), the operator of the residual market for motor vehicle insurance in Massachusetts.
Of the five new appointees, three are representatives of insurers of private passenger automobile insurance and two are producer (agent) representatives for the voluntary and involuntary producer markets. The following individuals have been appointed to six-year terms on C.A.R.'s Governing Committee. They are:
Commissioner Bowler thanked those committee members whose terms recently expired and welcomed the new appointees' perspectives at this critical juncture in the state's private passenger auto insurance market. "The Governing Committee and C.A.R.'s technical staff have been instrumental in the development of proposed rule changes aimed at bringing greater equity among insurers in the distribution of the state's high-risk drivers. I look forward to the new members' input and dedication as we move forward in our task of restructuring this important part of our auto insurance system," said Commissioner Bowler.
The C.A.R. Governing Committee consists of 13 individuals appointed by the Commissioner of Insurance to serve terms of six years. Seven members are from insurers participating in C.A.R.'s Plan of Operation and six members are from associations of insurance producers.