Calif. Insurers Dispute Garamendi ?Use & Lose' Rule
NU Online News Service, April 20, 1:12 p.m.EDT?California home insurers said their data shows thatInsurance Commissioner John Garamendi's new rule to discouragepolicy cancellations after claim filings is unnecessary.[@@]
Mr. Garamendi, whose previous attempt to regulate againstso-called "use it and lose it practices" was overturned by aninsurers court challenge, said last week he had developed a newrule with new language to accomplish the same end.
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