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The 1933 act required that every one "all drivers of mechanically propelled vehicles in public places to have a minimum of third-get together insurance, or to have obtained exemption - generally by depositing a (massive) sum of cash with the Excessive Court docket as a guarantee against claims". Car insurance has progressed tremendously over the past one hundred+ years since it was first proposed in an embryonic state by Gilbert J.Loomis.

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