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Article: $62 Billion Savings on Auto Insurance in California Since Voters Approved Insurance Reform Proposition 103 Twenty Years Ago, According to National Study
- Article from:
- U.S. Newswire
- Article date:
- April 24, 2008
CopyrightCopyright 2008 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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To: NATIONAL EDITORS
Contact: Doug Heller, +1-310-392-0522 ext. 309, or Carmen Balber,
+1-310-392-0522, ext. 324, both of Consumer Watchdog
BREAKING TODAY: Allstate In Court To Block $250 Million Prop 103
Rate Cut
SANTA MONICA, Calif., April 24 /PRNewswire-USNewswire/ --
California has the best automobile insurance regulation in the
nation, with the slowest-growing premiums and one of the most
competitive markets in the country, according to a state-by-state
study the Consumer Federation of America released in Washington, DC
today. In 1988, California voters approved Proposition 103, which
enacted the nations toughest insurance reform.
Ironically, Allstate is in a San Francisco Superior ...