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Article: Daniel Johnston, president of MARB, testifies at rate hearing. (Massachusetts Automobile Rating and Accident Prevention Bureau) (includes text of statement by Daniel Johnston) (transcript)
- Article from:
- PR Newswire
- Article date:
- September 6, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DANIEL JOHNSTON, PRESIDENT OF MARB, TESTIFIES AT RATE HEARING
BOSTON, Sept. 6 /PRNewswire/ -- Daniel Johnston, president of the Massachusetts Automobile Rating and Accident Prevention Bureau (MARB), submitted his statement today (see attached) at Commissioner of Insurance Timothy Gailey's hearing on the 1990 automobile insurance rates.
In his opening remarks, Johnston commented that these hearings have gained the reputation of being "the most lengthy, complex and politically sensitive sessions of their type in the country, if not the world."
On Aug. 18, MARB filed its proposal for 1990 auto insurance rates calling for a 13.5 percent ...