Senate approves bill to increase auto insurance liability coverage
The Maryland Senate voted this morning to raise the minimum liability limits for vehicle owners’ auto insurance for the first time in 38 years. The final vote was 27-20, sending the bill to Gov. Martin O’Malley for his signature.
The bill was approved after a stiff fight led by the Senate’s Republicans, joined by a handful of Democrats.
The measure pitted the state’s trial lawyers, and some of their clients, against insurance companies and advocates for the poor — a point repeatedly made by GOP senators.
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Tags: Auto Insurance, Insurance