Tag: california

California Court Delivers Verdict On Insurance Industry Lawsuit

For good, a California court has upheld the new regulations which will prohibit insurance companies from basing their rates on ZIP codes. Judge Loren E. McMaster of the Sacramento Superior Court has decided in favor of consumers in the courts? decision on the lawsuit which was filed by the insurance industry. This case is one which disputes the adoption of a new insurance regulation which will benefit good drivers no matter what their ZIP code is. The court ruled that insurance companies should base insurance premiums on the driving records and not primarily on their ZIP code, marital status or other factors.

Mark Savage, Senior Attorney for Consumers Union, stated that the ?ruling confirms what we have known all along?. Savage added further that ?California?s new auto insurance regulations are fair and will benefit good drivers throughout the state. Good drivers will get a break on their premiums and will … Read More