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Commissioner Hatem Talks Insurance Rates Approach
Maryland’s new Insurance Commissioner Thomas J. Hatem told Frederick County agents he is open to discussing rating procedures and is assembling a group to study insurance rate determinations. He traced the department’s history from clerical origins to a modern agency with a million dollar budget and about 22 million in annual tax and license revenue. The luncheon marked his first area visit in his new post and he emphasized collaboration with industry to address rate issues and insurer solvency. In a separate note, Mack Truck Co. plans to lay off about 300 of 1,500 workers at its Hagerstown plant due to a heavy trucks production cutback.
MENTIONED IN THIS ARTICLE
Maryland
Thomas J. Hatem
Frederick County Independent Agents Association
Red Horse Steak House
Hatem
Harford County
Marvin Mandel
Frederick
Nathan Jacobson
Frederick County
MACK
Hagerstown
Mack Truck Co
Board of County Commissioners
Frederck County
House of Delegates
Taxation
National Association of Counties
Mid-Atlantic Regional Conference On Criminal Justice
Governor's Commission On Law Enforcement and Administration of Justice
Maryland Potomac Water Authority
Region Illocal Planning Board
The
Good Will Industries
Chamber of Commerce