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Article #1733Re: No Fault Insurance Never Goes Away
From: Michael Adams
Date: Sat, 17 Feb 1996 00:00
Date: Sat, 17 Feb 1996 00:00
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The L.A. Times ran an article yesterday regarding a report from the
Proposition 103 Enforcement Project. It said that rates have risen
FASTEST in states with mandatory no-fault systems such as Massachusetts,
Michigan, New York and Colorado.
Now's here's the clincher: 3 states have repealed their no-fault laws-New
Jersey, Georgia, and Connecticut! After the no-fault repeal, all three
states saw sharp drops in insurance premiums, although, in two, New
Jersey, and Georgia, they mandated reductions of 10% and 15%,
respectively.
Finally, it appears people are seeing the light on no-fault insurance.
It doesn't benefit anyone except the insurance companies.
Michael Adams
--
msadams@netcom.com
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 102fd5,f9d6ca94cd535210 X-Google-Attributes: gid102fd5,public X-Google-Thread: 104eff,f9d6ca94cd535210 X-Google-Attributes: gid104eff,public X-Google-Thread: 10001a,f9d6ca94cd535210 X-Google-Attributes: gid10001a,public X-Google-Thread: 107d03,f9d6ca94cd535210 X-Google-Attributes: gid107d03,public From: msadams@netcom.com (Michael Adams) Subject: Re: No Fault Insurance Never Goes Away Date: 1996/02/17 Message-ID: <msadamsDMxL6B.940@netcom.com> X-Deja-AN: 139756714 sender: msadams@netcom22.netcom.com references: <msadamsDMupqu.374@netcom.com> followup-to: la.general,ca.politics,ba.politics,ca.driving organization: NETCOM On-line Communication Services (408 261-4700 guest) newsgroups: la.general,ca.politics,ba.politics,ca.driving