Wednesday, November 22, 2006

Boston Finance Commission

Within sixty days after the passage of this act the governor with the
advice and consent of the council shall appoint a finance commission
to consist of five persons, inhabitants of and qualified voters in the
city of Boston, who shall have been such for at least three years
prior to the date of their appointment.

Insurance Hikes?

The insurance company can raise the rates for as much as the traffic will
bear.. What is the reason for the question..Assuming that the company raised
your rates.. by how much ?

Insurer’s Business Model

Insurers make money in two ways. Through underwriting, the process through which insurers select what risks to insure and decide how much premium to charge for accepting those risks and by investing the premiums they have collected from insureds.