Assekuranz files ballot initiatives lifting of Prop. 103
Only a few days after the announcement of price reductions over insurance under Proposition 103, the insurance sector has three ballot papers to return silent on specific measures, they and others consumer protection 1988 ballot papers.
The proposals, the Attorney General of the November 2006 ballots, actions to cancel the assurances that the Commissioner announced that two weeks for auto insurance premiums and equitable to reduce premiums for good drivers. The assurance of the economy should lead initiatives to increase immediately the CA for the car, home and business insurance and allow legislators to Sacramento well for the rest of the sentence 103
As a result of Proposition 103, California insurance premiums, auto, the second in the country before the initiative was reduced to 20 after the adoption of the initiative, according to the latest data from the insurance companies. The average premium was 22 percent in California, when he averaged 30 per cent of the entire rest of the country since 1988. Approves Consumer Policy warned against catastrophic consequences if the insurance industry of new initiatives.
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