Thursday, March 4, 2010

$9.6 million annual car insurance increase moves forward

The Senate Ways and Means Committee took executive action yesterday on SB 6871. Along with increasing court filing fees the proposal would also add a surcharge to car insurance policies to fight auto theft. According to the I-960 fiscal impact statement, the new charge is expected to collect $9.6 million annually from auto policyholders . . . READ MORE


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