Governing Committee Meeting - February 18, 2010

In the matter of Allstate Insurance Company's petition to re-enter the Massachusetts automobile insurance market as a Newly Writing Company pursuant to Rule 22, the Governing Committee voted with one abstention, to approve the re-entry of Allstate as a Newly Writing Company.

As recommended by the MAIP Steering Committee, the Governing Committee unanimously voted to approve the modifications to Rule 21 of the CAR Rules of Operation. The Rule 21 amendment was forwarded to the Division of Insurance on February 17, 2010.

The Financial Statements for Fiscal Year Ending September 30, 2009, as prepared by PricewaterhouseCoopers were unanimously approved by the Governing Committee.

Mr. Ralph Iannaco informed the Committee that CAR has initiated the Request for Proposals (RFP) process for the following services:

Outside Legal Services
External Auditor
Commercial Automobile Program
Taxi/Limousine Program

The intent is to finalize the four RFP processes for presentation at the June Governing Committee meeting.

Ongoing details relative to each RFP will be posted in the Executive Update section of CAR's website.