Reacting to Massachusetts' new consumer insurance rate regulations, insurance companies announced decreases for auto insurance customers of up to 30 percent.
Nineteen companies made filings in time for today's deadline for companies doing business in the state, and all of them filed for decreases on average.
Prior to the inauguration of the new managed competition regulation, insurers' rates were set by the state insurance commissioner. The only variance allowed was for groups or good driver discounts.
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