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Moving to a new state offers plenty of excitement — and a lengthy to-do list of tasks, including changing over your driver's license, registering your car and updating your auto insurance policy ...
Until 1956, when the New York legislature passed their compulsory insurance law, Massachusetts was the only state in the U.S. that required drivers to get insurance before registration. North Carolina followed suit in 1957 and then in the 1960s and 1970s numerous other states passed similar compulsory insurance laws.
Moving out of state, however, may mean transferring your policy or canceling it and purchasing a policy with the new state’s minimum requirements. If your current company does not operate in ...
The table below includes the minimum car insurance requirements in all 50 states and Washington, D.C. State. Bodily injury liability and property damage liability. UM/UIM, PIP and MedPay.
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a law passed by the U.S. Congress on a reconciliation basis and signed by President Ronald Reagan that, among other things, mandates an insurance program which gives some employees the ability to continue health insurance coverage after leaving employment.
The first state commissioner of insurance was appointed in New Hampshire in 1851 and the state-based insurance regulatory system grew as quickly as the insurance industry itself. [4] Prior to this period, insurance was primarily regulated by corporate charter, state statutory law and de facto regulation by the courts in judicial decisions.
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