The commissioner of insurance is
sued a voluminous statement when he
made the rates public. He touched on
every imaginable phase of compulsory
insurance, but particularly stressed
the fact that the new rates have not
been determined with scientific ex
actness. Absence of statistical expe
rience, figures and data are responsi
ble for this, he declared. Next year, ,
it was said, much experience will have I
been gained by the various insurance I
companies and a readjustment of rates I
can be expected.
f.aw Has No Parallel.
I “There is tremendous interest ;
throughout the rest of the world in j
the Massachusetts experiment." the I
statement said. “No other Slate or
nation has such a law. Aside from the
750,000 owners of motor vehicles who i
will register their machines in Mas
sachusetts next year, every State in
the Hhion. all Insumnc • companies
and a wide variety of other organiza
tions have their exes on Massachu
setts.”
The law itself simply provides that
every motorist must secure some form
#if protection before he obtains his li-
THE SUNDAY - STAR. WASHINGTON, D. 0., SEPTEMBER 26.- 3926-PART 3.
