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Garamendi Auto Rate Plan Hit

The National Association of Mutual Insurance Companies today announced opposition to the proposed regulations, which would effectively limit the weight given to the location where a car is garaged whe

By Matt Brady | Updated on January 09, 2006

Insurers’ criticism continues to mount against California Insurance Commissioner John Garamendi’s proposed regulations for determining auto insurance rates.

The National Association of Mutual Insurance Companies today announced opposition to the proposed regulations, which would effectively limit the weight given to the location where a car is garaged when an insurer determines a customer’s premiums.

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