SANTA MONICA, Calif., April 24 /PRNewswire-USNewswire/ -- California has the best automobile insurance regulation in the nation, with the slowest-growing premiums and one of the most competitive markets in the country, according to a state-by-state study the Consumer Federation of America released in Washington, DC today. In 1988, California voters approved Proposition 103, which enacted the nation's toughest insurance reform.Ironically, Allstate is in a San Francisco Superior Court today asking a judge to block a 15.9% rate cut for its auto insurance customers that was ordered by Insurance Commissioner Steve Poizner last month.....
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Car Insurance News: $62 Billion Savings on Auto Insurance in California Since Voters Approved Insurance Reform Proposition 103 Twenty Years Ago, According to National Study...Get an auto insurance quote!