Environmental Insurance Agency promotes mileage-based insurance.

• Position: Spotlight on CLF Ventures - Brief Article

IF DRIVERS PAID FOR CAR INSURANCE BASED ON miles driven, they would have an economic incentive to drive less, and therefore pollute less. This is the reasoning behind mileage-based insurance and it explains how CLF got into the insurance business.

Realizing the potential for mileage-based insurance to reduce emissions of greenhouse gases that cause global warming, Massachusetts Governor Romney highlighted the idea in his Climate Protection Plan.

Now, Laura Caputo, Director of CLF's Environmental Insurance Agency (EIA), is working with Massachusetts officials to make mileage-based insurance a reality. The goal is to make statewide data on the correlation between miles driven and auto insurance claims available for analysis by insurance companies and the public. "With this data in hand, we can clearly show why mileage-based insurance makes sense,"...