New Jersey Passes Auto Reform Bill Backed by PIA
Auto reform legislation pushed by Governor James McGreevey was approved unanimously by the state Assembly on May 15. PIA of New Jersey actively supported the legislation, which would phase out the state's take-all-comers law, expedite company rate increase requests and create a special policy for low-income drivers. Last week, PIA of New Jersey President David Madara and legislative lobbyist Leon Zimmerman appeared at a press conference with Governor McGreevey. "This reform bill gives agents the ability to offer more options to consumers," Madara told the New Jersey Star Ledger. "By improving the regulatory environment, new companies will enter New Jersey and that open competition will eventually stabilize rates."