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Consumer Federation of California

News Story
10/10/2012
Posted by Daniel Palay
Proposition 33 allows insurance companies to raise rates on motorists with perfect driving records. If voters buy this lemon, millions of law-abiding Californians will see a new surcharge on their auto insurance premium bills. Proposition 33 carves a loophole in state insurance law, banning regulatory review of this new rate hike. The measure is...