Connecticut Insurance

A campaign for the revision of Connecticut car insurance system provoked debate on the state, especially in this city, insurance is king and his palace line of the road on the statehouse.

Automobile insurance reform is difficult in the best case, like other countries have found. In New Jersey, radical changes in force in 1990 by Jim Florio Dir have produced mixed results. The governor said he had prices for good drivers, but insurers complain that the State has imposed unacceptable restrictions, it is not profitable to do business.

In Connecticut, the changes needed for trains action of rising premiums have pitted one against the two influential groups: the insurance industry, Hartford dominates the business scene, and state lawyers. The groups exchanged insults, lawyers accuse insurers to try again suffered losses during the year 1980, property investment, acid, and the insurer says that lawyers have an obvious interest in fanning the flames litigation, car or different.

The recent attempt at reform, which some lawyers seek to distort, represented by an end of the legislative commission, last month only to the exclusion of another. It is a vote for the Chamber of Deputies this month. Revision of Code 1974

The Bill seeks to control costs through a revision of errors of non-coverage of the liability for damages that the State in 1974. In return for these and other changes, insurance companies contribute to the reduction of premiums for two years, starting in 1995. Last year, died of a similar bill in committee.

Connecticut is one of 12 countries of no-fault insurance, which transfers a person’s right to complain because of the injury and lost wages in exchange for a swift medical costs, which exceeds no limits. No error coverage is valid for both bodily injury and property damage, but claims for injuries were climbing even faster than many requests for property damage. Before the debt has no insurance cases, the parties before the court to consider in order to determine which pilot error was to collect and claim injury.

The main argument is the border or on the threshold at which personal injury appeal may be filed. The limit has not changed since Connecticut’s no-fault law was passed, if the value limit was $ 400. This means that a person must be over $ 400 in health care costs after an accident, prior to acknowledge.

“This means that even a minor accident, small injuries, is able to court,” said Ross Brown, a spokesman for the insurance industry Association of Connecticut, a trade group whose headquarters is in Hartford. “We believe that this is a base rate.”

The association show average prices have increased by 10 to 15 percent per year since 1984. The American Insurance Association, a national trade group, said that each insured car in Connecticut expense of the insurer an average of $ 196, because the injury suffered by respect for the rights, compared to a national average of 116 $.

The bill considered, which was written by the new insurance commissioner, Robert Googins, behind the proposal to raise the threshold to $ 5000. This is a much esteem, far too high. The latest version of the bill, a threshold of $ 2250 value which has won support in some quarters, but the Insurance Association of Connecticut, for a man who does more to the bill because of the reduction in the number ..

Jay B. Levin, a lawyer as a representative of the Coalition for fair auto insurance rates, cited other problems with the legislation. “This bill has been approved according to some quarters as a consumer choice bill,” he said, “but I think it is better characterized as a consumer fraudsters.

“Saying that people can do something, which is an indispensable part of their daily lives, then start whispering in his ear that all you have to do is to forego some criticism of your rights as you Asked have a law, then the economic demands are too forcing people to save a few dollars.