Insurance interests in California said they welcomed the defeat in the state legislature this week of measures to regulate workers' compensation insurance rates and ban insurers' use of credit-based information.
The latter bill, SB 603, authored by State Sen. Deborah Ortiz, D-Sacramento, was voted down Wednesday by the California Assembly Insurance Committee.
"We are pleased the committee did not approve this extreme measure," said a statement from Janine Gibford, American Insurance Association (AIA) assistant vice president, Western Region.
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