Insurance,
Government
Oct. 5, 2022
Higher auto liability limits are just a start
It is too soon to celebrate. Bureaucratic challenges associated with insurance rate changes will delay implementation of the new law until 2025.
When he signed SB 1107 into law on Sept. 28, California Gov. Gavin Newsom was finally bringing California into the modern era of victim compensation. Other states had long ago raised the mandatory minimum limits on automobile liability policies; California was simply playing catch-up.
But SB 1107 is only a first step. The next step is to let injury victims obtain compensation from the...
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