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Month: February 2022

Calif. attorney general blasts GAP coverage on cars, backs new bill

Calif. attorney general blasts GAP coverage on cars, backs new bill

California Attorney General Rob Bonta tore into guaranteed asset protection coverage and backed a new bill to regulate the auto finance and insurance product. AB 2311, introduced by Assembly Member Brian Maienschein, D-San Diego, would regulate GAP more than current law related to “optional debt cancellation” coverage, Bonta’s press office said.