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Insurance News - Historic shift in auto rate approach (San Jose Mercury News)

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Historic shift in auto rate approach (San Jose Mercury News)
In a move that could presage lower auto insurance premiums for many of California's 23 million drivers, the state's fourth-largest insurance provider has agreed to base its prices on how safely and how much its customers drive rather than primarily on where they live.

SoCal Auto Club Rates To Be Reduced (CBS 2 Los Angeles)
State Insurance Commissioner John Garamendi Wednesday will sign a giant check for $133 million representing the likely savings to holders of Auto Club of Southern California car insurance policies under a new rate reduction.
Additional information in: Insurance News