At the request of the Arbella Mutual Insurance Company, pursuant to the provisions of Article X of the Plan of Operation of the Commonwealth Automobile Reinsurers ("CAR"), a hearing will be held on July 25, 2007, at 10:00 a.m. at the Division of Insurance, One South Station, Boston. The purpose of this hearing is to afford all interested parties an opportunity to provide oral and written testimony regarding a proposed amendment to Rule 13 of the CAR Rules of Operation, approved by the CAR Governing Committee on June 4, 2007. The proceeding has been designated as Docket No. C2007-02.
In brief, the proposed amendment to Rule 13 C modifies the Exclusive Representative Producer ("ERP") subscription methodology to allow the assignment of ERPs to servicing carriers based on the financial burden to a servicing carrier generated by its ERP book of business compared to the financial burden to the industry as a whole.
Any person who wishes to testify concerning the proposed amendments is requested to submit to the Division of Insurance a Notice of Intent to Testify no later than July 23, 2007. All other interested persons will be heard after those who notify the Division in advance. All notices and submissions must be sent to the Docket Clerk, Hearings and Appeals, Division of Insurance, One South Station, Boston, Massachusetts 02110-2208, and shall refer to Docket No. C2007-02. Electronic copies of the proposed amendments are available at www.commauto.com/bulletins/bulletins/2007/bulletin_844.pdf. Paper copies are available for review at the Division.
Dated: June 14, 2007
Nonnie S. Burnes
Commissioner of Insurance