Knight Ridder/Tribune Business News - Pennsylvania Agrees to Auto-Insurance Rate Cut.

The Philadelphia Inquirer Knight Ridder/Tribune Business News
Sep. 5–Half of Pennsylvania’s drivers stand to see a reduction in their auto-insurance rates, thanks to an unprecedented legal challenge by Philadelphia, long the poster child for painful car-insurance premiums.

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The lower rates will apply to the 70 percent of Philadelphians, and 48 percent of all Pennsylvanians, who choose the “limited-tort” option restricting their right to sue for pain and suffering. They could save hundreds of dollars a year under the rate-reduction plan announced yesterday by the …

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