Transcription of FINANCIAL RESPONSIBILITY PROGRAMS AND …
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1 FINANCIAL RESPONSIBILITY PROGRAMS AND PROCEDURES GUIDE January 2015 COMPILED BY INSURANCE INDUSTRY COMMITTEE ON MOTOR VEHICLE ADMINISTRATION (IICMVA) IICMVA was formally organized in January 1968. Prior to this time, industry ad hoc committees were assembled as needed by each jurisdiction to assist with the implementation of compulsory insurance and FINANCIAL RESPONSIBILITY laws. Ad hoc committees, which operated at the individual state level, were restrictive and inconsistent in function and composition. IICMVA was formed to provide consistent, industry-wide exchange between the insurance industry and all jurisdictions.
1 financial responsibility programs and procedures guide january 2015 compiled by insurance industry committee on motor vehicle administration (iicmva)
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