As a pilot, more money for insurance, New Jersey Decides that, is not without fault
Direction: The plan Dir Jim Florio announced last week to roll back car insurance premiums in New Jersey, marks a turning point in the history of torture, an issue that bedeviled regulatory authorities and consumers alike since 1973.
The plan Dir Jim Florio announced last week to roll back car insurance premiums in New Jersey, marks a turning point in the history of torture, an issue that bedeviled regulatory authorities and consumers alike since 1973.
But it can also be a step toward consumers, which is described as supporters of the revolt against the high level of automobile insurance in many countries throughout the country.
If nothing else, in his speech to a special session on the New Jersey legislation last week, Mr. Florio’s explanation of the problem. Insurance companies looting of public opinion, said the governor, and it was time for the payment of man.
The prêt”un word to describe a car irreparably damaged, our automobile insurance system is a whole,’’said Florio. ”Car insurance is a problem in other countries too. But the pilot of New Jersey, the highest in the country. So we need to lead this challenge.”
Consumer groups say, Mr Florio proposal will help them in terms of national struggle against a branch, they say, too little control too long.
But some spokesman for the industry, “said Florio, he has a scapegoat for a complex problem with no quick solutions. Ronald Krauss, spokesman for the American Insurance Association, which represents 220 companies, has high costs for car repairs, medical bills and all appeals to high premiums. In the design changes, the new governor of the aid say they hope that with two types of problems, born tried some reforms in the years 1983 and a few, you’ll find no-fault insurance system which is based in New Jersey 10 years ago.
In 1973, New Jersey, want to share with other states in which saves time and money for consumers and the courts, adopted a no-fault insurance law guarantees that motorists unlimited cover for medical injuries. But it allows them to transpose the pain and suffering, if the medical expenses exceeded $ 200 and premiums continue to rise.
In a new attempt at reform in 1983 a common state Underwriting Association to cover the driver could not buy insurance because they were regarded as bad risks. The private insurance selling agents of the Association of politics, but the agency subscription to the State pays claims. About half the drivers in New Jersey with the policy of liquidation of the Agency, and this year it had a 3.1 billion dollar deficit.