MAIP Updates
Governing Committee Meeting - February 14, 2024
Commercial Automobile Committee
The Governing Committee approved the proposed amendments to the Commercial Automobile Insurance Manual with an effective date of January 1, 2027,
incorporating references to updated rules and forms. CAR will submit a rate/rule/form filing with the Division of Insurance later this month.
Actuarial Committee
The Governing Committee approved the proposed amendments to the Assigned Risk Company Procedures Manual for procedural clarifications to the MAIP Quota Share Credit Transfer form.
Revised manual pages will be posted to CAR’s website later this month.
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 2023 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.