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Insurance Corporations Lobby and Hurt Consumers: Californians Hurt and Nevadans Under Attack

Insurance Corporations Lobby and Hurt Consumers: Californians Hurt and Nevadans Under Attack

The auto insurance industry successfully lobbied and passed a California state law changing auto policies from stacking to anti-stacking. This law undermines and attacks California consumers. The best way to explain stacking versus non-stacking auto policies is by way of example:

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John Doe is crashed into from behind while stopped at a light. He seeks treatment at a hospital, doctor’s office and follows up with hands on conservative treatment. John Doe’s medical expenses and lost time from work add up to $30,000.00. The at-fault driver has a $15,000.00 policy limit. John Doe has $15,000.00 in underinsured and underinsured motorist coverage.

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In Nevada, John Doe can collect $30,000.00 in insurance coverage for his $30,000.00 in medical expenses and lost wages. In California, John Doe can only collect $15,000.00 to cover his $30,000.00 in medical expenses and lost wages. In Nevada the policies stack so John Doe can cover his losses. In California the policies anti-stack so he is upside down and in debt $15,000.00.

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This change in the California law hurts all American consumers so why was the law passed? Greed. Greedy insurance companies paying corrupt politicians. Insurance companies are able to sell this tactic by indicating the law will “increase economic efficiencies.” That is double talk for “we get more profits at the consumer’s expense.”

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If you have loved ones that live in California, send them this link. Ask that they write their local politician to have this “tort reform” law repealed. This law firm is fighting with the Nevada Justice Association to prevent this law from passing in Nevada.

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Anthony Paglia
Anthony Paglia
apaglia@anthonypaglia.com

Mr. Paglia graduated from the William S. Boyd School of Law at UNLV. In law school, he was appointed by the Nevada Supreme Court as a student attorney where he successfully prosecuted his first trial for the City of Las Vegas. Anthony studied international and comparative law in Curaçao, Netherland Antilles. Prior to becoming a lawyer, he worked as a City of Henderson Senior Lifeguard, busboy, administrative assistant for the Las Vegas District Attorney’s office, personal fitness trainer, barback and front desk manager.