Passage of Proposition 103 in California - Auto Insurance Initiative

Washington, DC The unpopularity of the insurance industry is not only in California, but it is in California, she did cook over the adoption of the last week of Proposition 103. Unlike banks and savings institutions, insurance companies are not federal. Whether and their close collaboration to regulate the activity is left on governments for a wide variety of standards. California so far in the light regulation and industry point of view, benign.

Perhaps for this reason, a steam ahead, which is constantly the last week. Private cars account for 34.1%, and other utilities 7.3% of large fortunes

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