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Auto insurance rates in steep decline (North Adams Transcript) - BOSTON (AP) — The state insurance commissioner on Friday approved an 11.7 percent cut in Massachusetts auto insurance rates for 2007, the largest annual cut in nearly three decades.. Fitch Says Auto Insurance Industry Remains Strong but Road Work Ahead (Business Wire via Yahoo! Finance) - CHICAGO----Fitch Ratings said today in a report on the auto insurance industry that auto insurers' recent financial results have been strong, especially in comparison to historical averages.. State Auto buying Texas insurer (bizjournals.com via Yahoo! Finance) - State Auto Financial Corp. is acquiring a Texas insurance company, expanding its reach into the Southwest.. Average driver will save $119 with rate cut on car insurance (Gloucester Daily Times) - BOSTON - Massachusetts drivers will see their auto insurance rates slashed an average of 11.7 percent in 2007. The rate cut, announced yesterday by state Insurance Commissioner Julianne Bowler, would amount to an average savings of $119.61 per vehicle across Massachusetts.. State auto insurance rates to fall 11.7 percent in 2007 (Boston Globe) - Starting in April, Massachusetts motorists will see the largest annual cut in their auto insurance rates in nearly three decades.. Insurance rate cut coming Average premium going down for third straight year (The Daily News of Newburyport) - BOSTON - Massachusetts drivers will see their auto insurance rates slashed an average of 11.7 percent in 2007; though, local drivers will likely see less in favor of cities like Lawrence, which could see cuts double that amount.. Auto insurance rates in steep decline (Berkshire Eagle) - BOSTON — Massachusetts drivers should be feeling a little less road rage after Insurance Commissioner Julianne Bowler slashed auto insurance rates by 11.7 percent yesterday.. Auto Insurance Rates To Drop (WBUR Boston) - Drivers in Massachusetts will be getting a break on their auto insurance rates next year.. Insurance commissioner cuts auto rates 11.7 percent (Boston Herald) - Insurance Commissioner Julianne Bowler has ordered auto insurance rates to be slashed by 11.7 percent, or by about $119 per vehicle, for next year. The rate cut, to take effect April 1, is the second . Auto Insurance Price Increases Slow In November (Nasdaq) - CHICAGO -(Dow Jones)- The average auto insurance premium rose 1.1% in November, a slower rate of growth than in past months, according to the Labor Department's Consumer Price Index, released Friday..