Mass. drivers save nearly $500M with managed competition

MASSACHUSETTS DRIVERS saved nearly a half-billion dollars in car insurance premiums since April 2008.  /
MASSACHUSETTS DRIVERS saved nearly a half-billion dollars in car insurance premiums since April 2008. /
BOSTON – Massachusetts drivers have saved nearly a half-billion dollars in car insurance premiums since a managed competition system was instituted three years ago, said The Republican, citing the state’s Division of Insurance. Thirteen new insurers have entered the Bay State’s auto insurance market since April 2008. Before that, Massachusetts set rates and discount programs…

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