Home › California Department of Insurance

California Department of Insurance

News Story
6/16/2016
Posted by Mark Reback
California Insurance Commissioner Dave Jones urged federal officials to block the merger of health insurance giants Anthem Inc. and Cigna Corp., declaring the $54-billion deal anti-competitive and harmful to consumers. The state insurance department doesn’t have the authority to thwart the merger on its own, but Jones’ recommendation...
News Release
4/20/2016
Posted by Consumer Watchdog
Santa Monica, CA -- Three rate proposals from State Farm – California’s largest commercial multi-peril insurer – to increase commercial multi-peril insurance rates by up to 9.0% on average, or $6.6 million combined, will lead to overcharges, Consumer Watchdog said in a legal challenge filed with the Department of Insurance today...
News Story
3/30/2016
Posted by Mark Reback
SAN FRANCISCO — State insurance commissioner Dave Jones continued to make his skepticism clear regarding Anthem Inc.’s proposed $54.2 billion acquisition of Cigna Corp. during a hearing here on Tuesday. Company executives faced Jones and a panel of physicians and consumer advocates who questioned the benefits the companies say the...
News Release
3/29/2016
Posted by Carmen Balber
San Francisco, CA – Consumer Watchdog today called on Insurance Commissioner Dave Jones to reject a proposed merger of Anthem and Cigna that will severely restrict competition in California and is expected to cause health insurance price increases and benefit reductions for 16.8 to 33.3 million Californians. Read Consumer Watchdog’s...
News Story
3/29/2016
Posted by Mark Reback
SAN FRANCISCO, CA -- California Insurance Commissioner Dave Jones says he has "some significant skepticism" about the benefits of Anthem Inc.'s proposed acquisition of rival insurer Cigna Corp. Jones spoke at a public hearing on the proposed $54 billion merger Tuesday in San Francisco. Jones is the chief regulator for a small...
Video
3/29/2016
Posted by Mark Reback
Consumer advocates warn regulators to oppose the proposed Anthem-Cigna health insurance mega-merger to protect consumers.
News Story
3/28/2016
Posted by Mark Reback
Anthem Inc.’s proposed $54 billion acquisition of Cigna Corp., which would create the country’s largest health insurer, faces scrutiny Tuesday as state regulators hold a public hearing in San Francisco to address concerns about the megamerger. The hearing comes a week after state regulators approved the merger of HealthNet and Missouri...
News Release
1/22/2016
Posted by Carmen Balber
Sacramento, CA -- Consumer Watchdog will challenge executives at a Department of Insurance hearing into the proposed Centene/Health Net merger to commit to strong consumer protections as conditions of a merger approval.   The Department of Insurance has broad authority to set conditions on the merger deal.   “The history of health...
News Release
11/16/2015
Posted by Carmen Balber
San Francisco, CA – State Farm’s request for a 6.9% increase in its homeowners insurance premiums goes to trial this morning in San Francisco. Consumer Watchdog, one of two organizations bringing the legal challenge before the California Department of Insurance, says the company’s rates are already too high, and should be reduced...
News Release
11/9/2015
Posted by Laura Antonini
Sacramento, CA -- New regulations proposed by the California Department of Insurance (“CDI”) will help address dramatic shortfalls in the availability of doctors and hospitals under Obamacare health plans, Consumer Watchdog will testify in Sacramento today. Yet changes to the regulations are necessary to provide public disclosure and...