Massachusetts automobile insurers bets on false candidate, before the reform is now Backlash
In early 2002, Commerce Insurance of Webster able to almost a $ 23000 bet on the gubernatorial candidacy of Democrat Shannon O’Brien.
O’Brien did not win the nomination of his party yet, but controls, most of them for the donation of up to $ 500, began Giessen officials of companies, directors, lobbyists and members of their family. Almost all the checks were deposited by the campaign the same day, May 17.
It was a turning point for the moment the condition of vehicles biggest insurers. After more than a decade of care for heavy Republican gubernatorial candidate their administrations has been very useful for the company Bottom-Line, Commerce changed parties. They were putting their money to the “goodwill” of Democrats, he had known for years and pass a Republican businessman Mitt Romney, a newcomer to Beacon Hill, was preparing to invest nearly 7 million dollars of his own money in his campaign.
Two years later, Romney, a big headache for trade. The governor’s cemented in the corner office, he is a top-bottom shakeup of the state system of insurance-auto, with increased competition as its goal and the Chamber of Commerce is on the defensive with few friends in the hotel.
The company, once a consumer player in the insider dealing Beacon Hill is now on the outside of his research as bread and butter business is restructured so that the outcome of steam. It is estimated that the proposal will be reinforced pending their expenditure of $ 3.6 million over the next year and a half.
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