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Maine Blocks Progressive’s Request to Raise Seniors’ Car Insurance Rates

Maine Superintendent of Insurance Eric Cioppa has ruled against Progressive Corp.’s request to raise car insurance rates for seniors. Progressive had been seeking state approval for rate changes that would allow the company to charge older Mainers...
August 16, 2016

Maine Superintendent of Insurance Eric Cioppa has ruled against Progressive Corp.’s request to raise car insurance rates for seniors. Progressive had been seeking state approval for rate changes that would allow the company to charge older Mainers higher auto insurance premiums based solely on their age. The proposal would have applied only to new customers.

In his ruling against Progressive, Cioppa noted that the company’s requested rate hike would have affected as many as 65,000 policyholders in Maine. He also said the change would have violated a section of Maine’s insurance code that protects drivers from arbitrary rate increases based on their age.

“It is the Bureau's position that an insured’s premium may not increase if the only change is the change in the age of the insured,” Cioppa said. Progressive spokesman Jeff Sibel said that while the company had the right to appeal Cioppa’s ruling, it has decided to put the matter to rest.

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