Under the plan, such a driver would pay $311, the insurance department said.
The insurance department is expected to complete its own review of the company's financial condition within the next week or two.
Lewis has worked in the Yankees' insurance department for many years.
We have no idea where the insurance department is getting its figures from.
Rather, he said, state governments have not been willing to give their insurance departments enough money to do the job.
This was the first insurance department of its kind in any collegiate institution.
The insurance department has estimated that such fraud adds $100 to $250 to every car policy.
Officials from the insurance department were unavailable for comment late yesterday.
A. There has to be consistency of funding at insurance departments around the country.
The insurance department is hoping to submit the plan for final approval by a state court on July 24.