Insurance News

Posts Tagged ‘governor

SANTA MONICA, Calif. /PRNewswire-USNewswire/ — California lawmakers gave final approval Wednesday to legislation strengthening and extending the innovative “Low Cost Auto Insurance Program” that offers an affordable bare bones car insurance policy to low-income motorists with no taxpayer cost. Consumer advocates applauded lawmakers for passing AB 1597 (Jones) on a bipartisan basis and are urging Governor Schwarzenegger to sign the bill in order to Read the rest of this entry »

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The National Association of Mutual Insurance Companies (NAMIC) applauds Missouri Gov. Jay Nixon for vetoing Senate Bill 202, legislation that would have repealed the state?s 42-year-old helmet law for motorcycle riders.

?This bill would have had negative, unintended consequences for insurance consumers and motorcyclists and their passengers,? said Mark Johnston, NAMIC?s state affairs manager for the Midwest, ?and we are grateful Read the rest of this entry »

INDIANAPOLIS – Florida’s highest ranking elected officials have responded positively to testimony from the National Association of Mutual Insurance Companies (NAMIC). Members of the Florida Financial Services Commission today abandoned a proposed rule change after NAMIC outlined the unintended consequences it could cause.

“Our members believe the proposed rule before you today is poor public policy and will result in a negative impact Read the rest of this entry »