Insurers’ weather predictions need close scrutiny by state regulators

THE DEREGULATION of the automobile insurance market in Massachusetts in 2008 had a pleasant side effect: lower premiums for homeowner policies, especially for consumers who bundled their auto and home insurance policies with the same company. But those gains are now in danger of blowing away.

Citing the recent surge of tropical storms, tornadoes, and other weather-related events, insurers are asking the state to approve increases of 5 to 20 percent for homeowner insurance. It’s a startling development for residents who are already struggling with price jumps in consumer goods linked to recent hikes in gas prices.

Your comment is subject to the rules of our Posting Policy

This comment may appear on your public profile. Public Profile FAQ

We hope you've enjoyed your free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com