We are now a not for profit corporation.
President and Founder - Paula Aschettino
The Citizens for Homeowners Insurance Reform
now have over 6000 members from MA and other States who are MA coastal Property Owners fighting for fair, reasonable, non excessive homeowners insurance rates without the loss of coverage and no shift of risk to the consumers.
We continue to demand Homeowners Insurance Reform in Coastal MA. No Major Storms again for 2008. Yet, coastal rates remain the highest in the State.
The Fair Plan made $46 million in profits in 2008. They continue to increase replacement values, increasing premium rates and now have $170 million in profits from 2004-2008. Private insurers have made huge profits also.
Why has the Commissioner continued to approve rate increases for all insurers?