Insurers fared reasonably well during California's recently concluded legislative session for 2006, although some potentially troubling bills are waiting on Gov. Arnold Schwarzenegger's desk, company associations said.
For the most part, said Sam Sorich, president of the Association of California Insurance Companies, an affiliate of Des Plaines, Ill.-based Property Casualty Insurers Association of America, the industry saw many of the bills it opposed fail to win lawmakers' approval.
"California's insurance climate was enhanced by the defeat of a number of bills during the year," he said. "One measure that failed, for instance, would have regulated workers' compensation rates. Another would have made it more difficult for insurers to determine fair auto repair rates."
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