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Auto Insurance Proposition 103

News Story
6/19/2017
Posted by Mark Reback
The 1988 Proposition 103 has saved California consumers more than $100 billion in excessive auto insurance premiums since voters passed it by a slim 51-49 percent margin, probably the reason for an unrelenting legal onslaught by the insurance industry. No one has calculated the accompanying savings in prices for homeowners insurance and other...
News Release
1/19/2017
Posted by Carmen Balber
Santa Monica, CA – California consumers and small business owners saved $246 million dollars on their insurance in 2016 thanks to public rate challenges brought by Consumer Watchdog under insurance reform initiative Proposition 103. At the same time, State Farm is in San Diego Superior Court trying to reverse some of those homeowner rate...
News Release
9/19/2016
Posted by Carmen Balber
Los Angeles, CA --  Taking the fight for lower-priced prescription drugs to the streets, Consumer Watchdog Campaign joined nurses, seniors, and patients to call for an end to price-gouging by the pharmaceutical industry at the kick-off of the Yes on 61 campaign’s statewide bus tour. The tour will bring public awareness to the issue of...
News Release
8/24/2016
Posted by Carmen Balber
Santa Monica, CA – Following Consumer Watchdog's petition for a hearing on Commerce West's application to increase its auto insurance policyholders' rates by 12% overall, the company has withdrawn its requested rate hike, saving California drivers over $8.2 million. Consumer Watchdog's petition alleged, among other things,...
News Release
10/28/2015
Posted by Carmen Balber
Santa Monica, CA – California is the only state in the nation where auto insurance premiums, in real dollars, are lower today than they were 27 years ago when the voters approved insurance reform Proposition 103. The law has saved drivers $100 billion on their insurance since 1988, according to a study by the Consumer Federation of America....
News Story
8/28/2015
Posted by Mark Reback
Be a safe driver. Don’t buy a flashy sports car. Pay the insurance premium on time. These are maxims many drivers follow to keep their auto insurance costs in check. But they may not be enough for many low-income drivers, who consumer advocates say are routinely priced out of insurance coverage because they are judged not just by their...
News Story
3/12/2015
Posted by Mark Reback
Stockton is among California’s most expensive cities for auto insurance. Motorists living in other San Joaquin County cities will pay on average at least 10 percent less than the average rate in Stockton, according to a recent study by ValuePenguin.com, a financial services comparison site. Collecting auto insurance quotes in January from 24...
News Release
1/21/2015
Posted by Harvey Rosenfield
Sacramento, CA – The Sacramento Superior Court has rejected an attack by Mercury and other insurance companies on state regulations that prevent insurance companies from making their policyholders pay for non-insurance expenses like political lobbying and sporting event sponsorships. The regulation is part of the landmark Prop 103 insurance...
News Story
1/21/2015
Posted by Mark Reback
The Sacramento Superior Court issued a decision rejecting an insurance industry challenge on the California insurance commissioner’s regulations under Proposition 103 that limit the amount of advertising costs insurers may pass on to consumers through insurance premiums. California Insurance Commissioner Dave Jones called the ruling in...
News Story
1/13/2015
Posted by Mark Reback
SACRAMENTO, Calif. (AP) – California’s insurance commissioner is ordering Mercury Insurance to pay a $27.6 million fine for charging wrongful fees to its auto customers. In announcing the largest fine against a California auto insurance company, Commissioner Dave Jones said Monday that Mercury charged customers the same amount...