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Georgia’s Insurance Proposal

September 30th, 2008 · No Comments

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Insurance industry advocates are up in arms over Georgia Insurance Commissioner’s latest proposal. According to an article on ajc.com, Georgia Insurance Commissioner John Oxendine is considering the addition of fees on car and other forms of insurance to support trauma care services for car accident victims and others. Oxendine says it’s because most trauma cases are a result of car crashes and work accidents. And since the state is desperately in need of more funding for trauma care services, they’re looking for someway to bring in revenues annually.
For consumers, the proposal would lead to the possibility of paying additional premiums on your car insurance. Insurance industry advocates naturally oppose this proposal. They argue that this would raise the costs and premiums of their products, as well as add new and unfair taxes to the industry. Julie Pulliam, spokeswoman for the Southeast region of the American Insurance Association, said such fees likely would be passed on to consumers.

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