Alabama Republican Gov. Bob Riley has vetoed a bill that would have increased the minimum amount of auto insurance coverage that motorists must purchase.
William Stander, assistant vice president and regional manager for the Property Casualty Insurers Association of America (PCI), said the group had urged the governor not to sign the bill because such a policy change would require insurers to reprogram computers, file rates and forms, and notify policyholders.
Liz Reynolds, National Association of Mutual Insurance Companies southeastern state affairs manager, was also among the trade groups objecting to the measure
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