Madrid-based insurance provider Mapfre has been making inroads on California's auto insurance market.
This month, its chief executives met with California Insurance Commissioner, Dave Jones, as reported by the Los Angeles Business Journal. The company wants to offer car insurance to Spanish-speaking drivers generally and wants to market to undocumented immigrants who are legally licensed to drive.
The major questions are how large is the market demand and what are the economics of insuring drivers living illegally in California.
James Rufus Koren, Staff Reporter, Los Angeles Business Journal
Pete Moraga, Spokesman, Insurance Information Network of California