Home › Auto Insurance

Auto Insurance

News Story
3/14/2008
Posted by Consumer Watchdog
Refunds averaging $187 are in store for 120,000 policyholders of the Automobile Club of Southern California who were charged higher rates on new policies from 1999 to 2004 because they could not prove that they were previously insured. The refunds, to be announced today, are part of an unusual legal settlement between AAA and a Santa Monica...
Blog Post
3/13/2008
Posted by Consumer Watchdog
I spent the morning down at the Court of Appeal in Los Angeles listening to lawyers for Farmers Insurance try to convince the justices that California voters did not mean what they said when they passed insurance reform Proposition 103. To buy an insurance policy from Farmers, you have to sign a special agreement to pay a "management fee...
Blog Post
3/10/2008
Posted by Consumer Watchdog
I was asked what I thought about insurance companies using credit scores to determine how to price, and sometimes whether to sell, insurance to different customers.  Insurance credit scoring is prohibited in California, but is used quite liberally throughout the country with a few exceptions. My first response to that question is usually...
News Story
3/10/2008
Posted by Consumer Watchdog
LOS ANGELES, CA -- California insurance companies must comply with state regulations requiring them to pay the legal and expert fees of consumers or groups that challenge a proposed rate change if the challenge impacts the end result, whether a formal hearing takes place or not, according to a Los Angeles Superior Court ruling. The March 7 ruling...
News Release
3/7/2008
Posted by Consumer Watchdog
Consumer Group, Dep't of Insurance Win Victory to Protect Prop 103, Save Policyholders Billions Santa Monica, CA -- Amendments to California insurance regulations implementing voter-approved Proposition 103's requirement that insurance companies pay the costs of rate hike challenges brought by consumers were upheld by the Los Angeles Superior...
News Story
3/7/2008
Posted by Consumer Watchdog
LOS ANGELES, CA -- Rejecting a challenge by insurance groups, a Los Angeles judge ruled today that the state insurance commissioner can continue awarding compensation to members of consumer groups who take part in rate review processes. The insurance organizations filed a petition last May 25 in Los Angeles Superior Court asking that state...
Feature
3/5/2008
Posted by Consumer Watchdog
CALL 1-866-602-8861 for a Certified Low-Cost Auto Insurance Agent Near You The California Low-Cost Auto Insurance program makes an inexpensive insurance policy available to qualifying, low-income drivers. The program is a result of a 1999 California law -- SB 171 (authored by Senator Martha Escutia) -- developed and sponsored by Consumer Watchdog...
Blog Post
3/1/2008
Posted by Consumer Watchdog
Warren Buffett, owner of Geico Insurance  and major reinsurance companies, has begun to sound the alarms that I'm thinking will soon become an industrywide call for insurance rate hikes.    "The party is over," Buffett said in his annual letter to shareholders. "It is a certainty that insurance industry profit...
Blog Post
2/29/2008
Posted by Consumer Watchdog
There’s a great new study out this week from our friends at MassPIRG and the Center for Insurance Research that highlights how insurance companies manipulate auto insurance rates so that many good drivers will end up subsidizing bad ones. The report dissects Massachusetts' new auto insurance rating system, and the title says it all: ‘...
Blog Post
2/28/2008
Posted by Consumer Watchdog
Chuck Quackenbush, the disgraced former California insurance commissioner who resigned in 2000 after accusations of misusing public funds, has been of late, a deputy sheriff in Florida. Quack is under fire again and in the news after shooting a suspect during an arrest this week, he has been placed on administrative leave with pay pending an...