Thursday, September 28, 2006

It's All About Perspective, I Guess

Is it just me, or is this article about a potential "savings" for Massachusetts drivers more of a tacit admission by Attorney General Tom Reilly that we've all be getting hosed to the tune of 18% for the past year on our insurance premiums?

BOSTON, Mass. -- The attorney general and the state Division of Insurance on Wednesday proposed steep cuts in Massachusetts’s auto insurance premiums that could save some drivers between $85 and $180 annually on their bills, depending on the proposal.

Attorney General Tom Reilly proposed an 18.2 percent rate cut that would reduce the average driver's policy by about $180 per year.


And, here's your money quote from the story, concerning our old friend, Tom "Totalitarian" Reilly, and his role in all of this:

Massachusetts in the only state where state regulators set auto insurance rates. The process begins with the industry's recommendation, followed by the attorney general, who represents the interests of drivers.


Yeah...uh-huh.