Insurance executive backs no fault system in US auto coverage
Louis W. Niggeman, president of Mund American Insurance, urged a state level no fault auto plan saying it could cut premiums by up to 25 percent. He argued the current system is slow costly and inequitable and warned the industry must lead or risk losing auto business to government programs. He outlined immediate direct compensation from the insured's company for medical costs income loss funeral and survivor benefits and revealed 28 states and Congress are considering no fault plans.
MENTIONED IN THIS ARTICLE
San Francisco
Louis W. Niggeman
Firement
Mund American Insurance Companies
Insurance Industr
Niggeman
Nofault
Congress
Assemblyman presses tougher bumper standards in California
In Sacramento Assemblyman Jack Fenton urged the federal government to raise bumper strength rules. He cited state legislation backing a five mile per hour front and rear collision tolerance and criticized existing rear limits. He argued cars should not cost 315 to 700 dollars to repair after minor crashes and urged higher federal standards.
MENTIONED IN THIS ARTICLE
Sacramento U
Assembly Finance and Insurance Committee
Jack Wenton
Ps Montebedo
US Department of Transportation
Fenton
California
Solon challenges whale killing permits and Stans plan
Solon charged illegal whale killings and criticized Commerce Secretary Maurice H. Stans for backing a Del Monte license to hunt finback, sei, and sperm whales. He urged immediate hearings on a bill to ban ocean mammal killings, citing endangered species protections and economic impact concerns.
MENTIONED IN THIS ARTICLE
Washington
Fred KR. Norris
Rokla
Commerce
Maurice H. Stans
Stans
United States
U.S
Harris
del Monte Fishing Co
Richmond
California
Gan
Artis
Also Mentioned on This Page
Surance Company
Texas Association of Insurance Agents
Mexico City
Shamu
San Diego
Solon
Fly American
American Airlines
New York
Los Angeles
Gallus
Fidelity Federal
Fidelity
Glendale
Yeert
America
Fidelity Federal Savings
Jers Ayn
San Pedro
Wain Cance
Lance Dway Garage
Long Beach
Lad T. Ocean Blvd
Chara Ray
Stanton- Garden Grove
Beach Blvd
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