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Independent in Long Beach, California

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

May 11, 1972

Page

7

No fault auto insurance bills stall in Senate

A Senate Judiciary Committee delay halted no fault auto insurance proposals amid heavy lobbyist pressure from lawyers and insurance firms. Assemblyman Jack Fenton saw his bill pass the Ways and Means panel on a split vote and move to the floor, while opponents argued the plan would raise premiums and not ease court congestion. The debate centers on mandatory minimum coverage and damages up to ten thousand dollars with potential court claims for medical costs above one thousand.

Sacramento Senate Judiciary Committee Alfred H. Long Monterey Park Assembly Jack Fenton Tebello Ways and Means Fenton Senate Long California Mame

Country Parson plan eyed to cut or stabilize insurance premiums

The measure would reduce or stabilize consumer premiums but faced intense opposition from the American Trial Lawyers Association, the California Trial Lawyers Association, and Farmers Insurance Group. Representatives warned premiums could rise under no fault and predicted a citizen backlash.

American Trial Lawyers Association California Trial Lawyers Association Farmers Insurance Group

VW profits slip despite record sales in 1971

Volkswagen AG reported record sales around 5.4 billion dollars in 1971 but said earnings from its West German automobile operation would total about 8.75 million. Worldwide profits fell to 45.9 million from 127 million the prior year as costs rose and exports slowed after the mark revaluation.

Leising Volkswagen, A.G West Germany Leiding Bonn Volkswagen Volkswagen, AG Audi-Nsu Volkswagen of America Brazil

Also Mentioned on This Page

Bill Insurance Company Capright Fam A. Cleo BOM Rudolf Leising West Germany U.S Opel Opel Company General Motors Corporation Greeny Iisatewen PSU Eels Torrance Sepulveda Hawthornes Lakewood Carson St Paramount Blvd Buena Park Beach Orangethornes Orange Garden Grove Riva Manchester Gore H.1
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