Governing Committee Meeting - February 15, 2023

New Governing Committee Members

CAR welcomed newly appointed Governing Committee members Kevin Costigan of GEICO, Mary McConnell of Safety Insurance Company and Nicole Martorana of FBInsure.

In-Person Advisory Committee Meetings

Legislation enabling remote participation for CAR committees is scheduled to sunset on March 31, 2023. Advisory Committee members should anticipate in-person committee meetings beginning April 1, 2023. Further information will be posted to CAR's website as it becomes available.

MAIP Steering Committee

The Governing Committee approved proposed amendments to the Assigned Risk Producers Procedures Manual reflecting the implementation of electronic MAIP stamps. Please refer to Bulletin No. 1149 for further information.

The Governing Committee also directed staff to file amendments to Rule 27 of the MA Private Passenger Residual Market Insurance Manual to modify the private passenger definition to include vehicles with a gross vehicle weight to 16,000 pounds and to include SUVs. Development of the filing is in process and further information will be posted to CAR's website when available.

Compliance and Operations Committee

The Governing Committee approved the proposed amendments to the Private Passenger and Commercial Performance Standards and directed staff to file the amendments with the Division of Insurance for consideration. Please refer to Bulletin No. 1148 for further information.

Financial Audit Committee

The Governing Committee accepted the review report and agreed upon procedures report of AAFCPA, CAR's independent auditing firm, and approved CAR's fiscal year 2022 financial statements. Member companies may obtain a copy of CAR's Financial Statements for the most recent fiscal year ending September 30th by contacting Mr. Steven Gautieri via email at sgautieri@commauto.com.