|TO:||All Companies Writing Credit Life and Credit Accident And Health Insurance|
|FROM:||Linda Ruthardt, Commissioner of Insurance|
|DATE:||September 28, 2001|
|RE:||Credit Insurance Sold by Motor Vehicle Dealers|
|Pursuant to M.G.L. c. 175, s 117c (F) (2), I am required to review the combined experience of all insurers for the motor vehicle dealers class of business, and compute the appropriate rates for credit life and credit accident and health insurance sold through automobile dealers, for policies issued or renewed, commencing on January 1, 2002 through December 31, 2004.|
|The statutory prima facie rates for 2002-2004 for the motor vehicle dealer class of business remain unchanged and are: |
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