Consumer Attorneys Applaud Governor Newsom Signing The Protect California Drivers Act Into Law - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
September 30, 2022 Newswires
Share
Share
Post
Email

Consumer Attorneys Applaud Governor Newsom Signing The Protect California Drivers Act Into Law

Targeted News Service (Press Releases)

SACRAMENTO, California, Sept. 30 (TNSgov) -- Consumer Attorneys of California issued the following news release on Sept. 29, 2022:

Governor Gavin Newsom added his signature to the Protect California Drivers Act (SB 1107, Dodd) on Wednesday evening. SB 1107, which updates state law that established mandatory minimums for auto insurance policies in 1967, ensures California drivers are not forced to shoulder massive debt when they are the victims in a vehicle crash.

"SB 1107 goes a long way towards protecting California drivers particularly low-income and fixed-income drivers with no financial safety net from being crushed by debt when they are the victims of a vehicle crash," said Craig M. Peters, President of CAOC. "CAOC is grateful to Senator Dodd for carrying this important legislation, to the legislature for its overwhelming support, and to Governor Newsom for correcting a decades-long injustice by signing this bill into law."

The last time the legislature set liability minimums, over half a century ago, it determined they would be $15,000 for single injury or death; $30,000 for the injury or death of more than one person, and $5,000 for property damage.

Under the new law, auto insurers would be required to offer modernized, mandatory minimums of $30,000 / $60,000 / and $15,000 respectively. Once these new limits take effect in 2025, ten years later the limits will increase to $50,000 / $100,000 / $25,000 in 2035.

* * *

Original text here: https://s3.amazonaws.com/membercentralcdn/sitedocuments/ca/ca/0455/2115455.pdf?AWSAccessKeyId=AKIAIHKD6NT2OL2HNPMQ&Expires=1664515719&Signature=FNwlRwxbvXlXUceuHTNHs40Po8I%3D&response-content-disposition=inline%3B%20filename%3D%22SB%201107%20signed%20presser%209%2D29%2D22%2Epdf%22%3B%20filename%2A%3DUTF%2D8%27%27SB%25201107%2520signed%2520presser%25209%252D29%252D22%252Epdf&response-content-type=application%2Fpdf

Older

ACLI names 2023 chair and board of directors

Newer

ALTA Reports Q2 2022 Title Premium Volume

Advisor News

  • I started using AI, but what now?
  • How to support an entrepreneur client with multiple businesses
  • Could a narrower focus help grow your practice?
  • U.S. debt hits $40 trillion: how to support concerned clients
  • Flourish brings private-bank-like cash solution to MassMutual’s network
More Advisor News

Annuity News

  • MassMutual Expands Lending Options With New Secured Credit Line
  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
  • IMOs get frustrated with slow carrier adoption of faster technology
  • New class-action lawsuit targets Delaware Life over annuity disclosures
More Annuity News

Health/Employee Benefits News

  • Legislators hear report on thin hospital margins, advance prior authorization reform
  • Hawthorne School Budget Faces New Pressure As Health Insurance Costs Jump Nearly 34%
  • Half the Coverage: What the TLC's Rideshare Insurance Cut Means for Queens Riders
  • Answering questions on Medicare open enrollment Terry Savage: Your questions answered on Medicare open enrollment
  • Make sure your Medicare coverage makes sense Jill On Money: Medicare on my mind
More Health/Employee Benefits News

Life Insurance News

  • Virginia orders Atlantic Coast Life to halt new business Nov. 1
  • AM Best Affirms Credit Ratings of China Taiping Insurance (Singapore) Pte. Ltd.
  • AM Best Upgrades Credit Ratings of Fidelity Life Association, A Legal Reserve Life Insurance Company; Affirms Credit Ratings of Industrial Alliance Insurance and Financial Services Inc. and Its Life/Health Subsidiaries
  • 777 Partners founder pleads guilty to $500 million fraud scheme
  • AM Best Affirms Credit Ratings of Luen Fung Hang Insurance Company Limited
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.