A3421 — Establishes "Car Insurance Reduction Act"; modifies current law addressing requirements of automobile insurers for underwriting; rate calculations and reductions; and reporting requirements to State.

A3421 — Establishes "Car Insurance Reduction Act"; modifies current law addressing requirements of automobile insurers for underwriting; rate calculations and reductions; and reporting requirements to State. · Informed CitizenryThe 'Car Insurance Reduction Act' is designed to modify existing laws governing car insurance companies, specifically focusing on how they calculate rates and evaluate risks (underwriting). The bil…Open in Informed Citizenry