Risks that are accident and violation free during the prior three years (so called "Clean in 3") are not eligible for placement in MAIP.
Beginning January 1, 2006 new business will be eligible for the MAIP.
Beginning January 1, 2007 renewal business will be eligible for the MAIP.
Beginning January 1, 2008 the MAIP replaces CAR as the method of distributing residual market risks and apportioning the residual market burden to companies in Massachusetts.
In general, the Approved Rules will allocate ERP results in a fair and equitable manner, such that our proportional share of the CAR deficit and MAIP assignments will approximate the Company's market share.
Approved Rule Changes Implementing the MAIP during policy years 2006 and beyond