Insurance: For All Victims

Under the U.S. auto-insurance system, at least 55% of the premium dollar should go to compensate traffic victims. There is a widespread feeling that this is not enough, and there are complaints about soaring rates, controversial policy cancellations and slow payment of claims. Some critics demand more federal regulation, along with a radical overhaul of the whole system. A Senate subcommittee has started a root-andbranch investigation of auto insurers; President Johnson has ordered the Department of Transportation to make a two-year probe of its own.

Cutting Red Taoe. Mostly in response to public indignation, early this month ten major insurance...

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