An agent group reacting to the dispute over new California auto insurance regulations said they are hopeful the new rules encourage more uninsured motorists to get coverage.
The Latin American Agents Association, based in El Monte, Calif., also said it believed insurers, consumer groups and the state insurance department should wait and see which way the market is impacted by the change, before "more darts are thrown--or backs are patted."
Insurer trade groups have sued to overturn the rules promulgated by Insurance Commissioner John Garamendi, which requires them, when setting individual driver rates, to deemphasize the weight they give to where the motorist is domiciled.
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