'Midday Sunday' Interview with Prop 103 Author, Harvey Rosenfield
PERMALINK: http://www.consumerwatchdog.org/insurance/articles/?storyId=21466
When Anthem Blue Cross announced its controversial premium increases in California recently, the insurer claimed, "a carrier must be able to receive actuarially sound rates." So it is remarkable that "progressive" San Francisco State Senator Mark Leno, a single payer health care advocate, recently introduced eleventh hour legislation codifying Anthem Blue Cross's "actuarially sound" defense of premium increases in law.
Life insurers are facing broad criticism for profiting from the death benefits of soldiers and other life insurance policyholders after a claim is supposed to be paid...
During my two decades battling in California's ballot initiative process never before have large corporations been poised to gain so much so cleverly as in next Tuesday's election.
Industries have long tried to lard ballots...
Consumer Watchdog's calls for tough and open health insurance rate regulation are being echoed and amplified. The latest instance is in Connecticut, the home state of insurance companies, where Attorney General Earl Blumenthal recently proposed major reforms that would require the state to review and reject, modify or allow a rate change before it goes into effect. No more shrugging and letting it happen without a public review.
California Attorney General Jerry Brown has issued his final ballot label for Proposition 17, the Mercury Insurance-financed ballot measure to surcharge those with lapses in auto insurance coverage. Brown got the ballot label right this time, acknowledging Prop 17 allowed insurers to increase premiums, as well as lower prices, based on whether a driver has a lapse in insurance coverage.
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Nearly one million California Allstate customers each saved $250 on their homeowners insurance after a recent challenge by Consumer Watchdog under Prop 103.
Will you help us save policyholders even more?
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