Massachusetts Automobile Rating & Accident Prevention Bureau v. Commissioner of Insurance

We here review the decision of the Commissioner of Insurance (Commissioner) fixing industry-wide automobile insurance rates for the calendar year 1980 pursuant to G. L. c. 175, § 113B. We uphold the Commissioner’s decision with respect to the allowances for losses and expenses, but remand for further consideration of the allowance for profit.

1. The present proceeding. The Commissioner held a hearing in May, 1979, pursuant to G. L. c. 175E, § 5, and determined that competition was insufficient to assure that rates would not be excessive. He therefore.undertook to fix 1980 rates pursuant to his…