AIB Withdraws Standard Auto Policy After Pressure from AASP/MA and STA
March 18, 2016—The Automobile Insurance Bureau (AIB) withdrew its recently filed standard auto policy after receiving pressure from the Alliance of Automotive Service Providers of Massachusetts (AASP/MA) and the Statewide Towing Association of Massachusetts (STA).
The policy included issues such as labor rates, towing and storage, damage to someone else’s vehicle, and bodily injury.
The AIB submitted a replacement filing that must be reviewed by the Rating Bureau and placed on file with the Division of Insurance. AASP/MA and STA promised to take every opportunity to weigh in on the policy.