Ga. Commissioner: Uninsured Motorist Bill Would Cost $400 Million

  Wednesday, April 18th, 2007 Source: Insurance Journal

Georgia’s top insurance regulator is warning that auto insurance costs could go up $400 million if lawmakers pass a bill changing uninsured motorist insurance. The legislation, Senate Bill 276, has been working its way through the legislature and will soon come up for a vote by House legislators. If this bill passes, insurance premiums for Georgians could rise more than 20 percent, according to Insurance Commissioner John Oxendine.

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