MA Bulletin 2011-01

Pay-As-You-Drive Auto Insurance Pilot; Issued 1/21/11

Year: 2011Length: 252 wordsOfficial source
[LOGO] COMMONWEALTH OF MASSACHUSETTS Office of Consumer Affairs and Business Regulation DIVISION OF INSURANCE 1000 Washington Street, Suite 810 • Boston, MA 02118-6200 (617) 521-7794 • http://www.mass.gov/doi DEVAL L. PATRICK GOVERNOR TIMOTHY P. MURRAY LIEUTENANT GOVERNOR GREGORY BIALECKI SECRETARY OF HOUSING AND ECONOMIC DEVELOPMENT BARBARA ANTHONY UNDERSECRETARY OF CONSUMER AFFAIRS AND BUSINESS REGULATION JOSEPH G. MURPHY COMMISSIONER OF INSURANCE ### Bulletin 2011-01 To: Insurance Companies and Insurance Company Groups that Issue Private Passenger Motor Vehicle Insurance Policies in Massachusetts From: Joseph G. Murphy, Commissioner of Insurance Date: January 21, 2011 Re: Pay-As-You-Drive Auto Insurance Pilot The purpose of this Bulletin is to inform insurance companies (“insurers”) issuing private passenger motor vehicle insurance policies of the an RFR for a Pay-As-You-Drive (“PAYD”) Automobile Insurance Pilot Project in Massachusetts issued by the Massachusetts Department of Transportation (“MassDOT”) on January 21, 2011. This pilot will be administered by the Office of Transportation Planning of the MassDOT in close coordination with the Massachusetts Executive Office of Energy and Environmental Affairs (EOEEA) and the Massachusetts Division of Insurance (DOI). MassDOT expects to apply for a grant from the Federal Highway Administration (FHWA) through its Value Pricing Pilot Program (VPPP) in order to fund the majority of the costs of this contract; therefore, MassDOT will also coordinate with FHWA on the design, administration, and evaluation of the PAYD Automobile Insurance Pilot Project. MassDOT will award a contract based on a competitive evaluation of qualified proposals. Any insurer interested in responding to the RFR will find details at https://www.ebidsourcing.com/processPublicSolSummView.do?action=soltypeCd&docStatus=OPEN&docViewType=OPEN&docUserId=214875&doValidateToken=false&docId=123435&soltypeCd=UNIVERSAL
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