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News Story
1/16/2008
Posted by Consumer Watchdog
Associated Press January 16, 2008 by John Porretto, AP Business Writer HOUSTON, TX -- Historic oil prices and $3-a-gallon gasoline have been contributing to fears of a recession, but they've yet to cause the hue and cry that some might expect. Americans may simply be growing more accustomed to high fuel costs, analysts say. All that may change...
News Story
1/15/2008
Posted by Consumer Watchdog
Sacramento Bee (California) January 15, 2008 by Gilbert Chan, The Sacramento Bee, Allstate seeks 9.3% hike in home rates SAN FRANCISCO, CA -- As Allstate Insurance sees it, good corporate citizenship should be rewarded. So for the benefit of investing $82 million in low-income homes and other programs in inner cities and rural communities in the...
News Story
1/15/2008
Posted by Consumer Watchdog
A year after homeowners suffering with sky-high insurance bills were promised "help is on the way," they're still waiting. Now, Florida's lawmakers, regulators and the governor are demanding to know why, mounting an offensive with hearings under oath, subpoenas and a possible lawsuit against insurance companies that haven't complied with...
News Story
1/14/2008
Posted by Consumer Watchdog
Associated Press January 14, 2008 by Associated Press State & Local Wires Daily changes in the price of gasoline at the pump leave many consumers angry and frustrated. Angry because consumers have little control over this area of their lives and frustrated because they don't understand why prices at the pump can fluctuate on a daily basis. A...
Feature
1/10/2008
Posted by Consumer Watchdog
BestWire (A.M. Best) January 10, 2008 by Sean P. Carr, Senior Associate Editor, BestWeek PROPOSED CALIF. LEVY GETS GRUDGING NOD FROM INSURERS SACRAMENTO, CA -- A proposal by California Gov. Arnold Schwarzenegger to assess a 1.25% surcharge on property insurance premiums to pay for wildfire-fighting efforts was met with grudging nods by insurer...
News Release
1/10/2008
Posted by Consumer Watchdog
Allstate Battle Arrives As National Report Shows Insurance Industry Profits Remain At Record Levels Santa Monica, CA -- Allstate will try to convince the Department of Insurance to allow a 9.3% rate hike on its homeowners insurance customers at a hearing next week. The nonprofit Foundation for Taxpayer and Consumer Rights (FTCR) has challenged the...
News Release
1/9/2008
Posted by Consumer Watchdog
Insurance Interests Have Donated $3.8 Million To Schwarzenegger's Political Funds, Would Reap Benefit of Plan Santa Monica, CA -- Governor Schwarzenegger's proposal to add a 1.25% tax on homeowners and business property insurance policies unfairly forces California consumers to fill Sacramento's budget gap, while letting Schwarzenegger's insurance...
News Story
1/8/2008
Posted by Consumer Watchdog
Convenience Store News (CSN at the Trade Show) January 8, 2008 by Diva J Meanwhile, a consumer group urges Congress to curb gas prices WASHINGTON -- The average retail price for regular gasoline in the U.S. jumped $0.056 cents to $3.11 a gallon over the past week, the Energy Information Administration (EIA) said earlier this week, sparked by...
News Story
1/8/2008
Posted by Consumer Watchdog
Record Searchlight (Redding, California) January 8, 2008 by Ryan Sabalow, Record Searchlight Outage responses fuel power debate; Private vs. public energy at center of discussion When gusts from a massive storm knocked out power across much of the north state, two power agencies had their lights on faster than anyone else. Redding Electric Utility...
News Story
1/8/2008
Posted by Consumer Watchdog
Private vs. public energy at center of discussion When gusts from a massive storm knocked out power across much of the north state, two power agencies had their lights on faster than anyone else. Redding Electric Utility and Trinity Public Utility District in Weaverville both had power restored on the day of the storm, while privately owned power...