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News Story
8/28/2012
Posted by Mark Reback
Complaints about WellPoint chief Angela Braly have intensified since last month's disappointing earnings news. The health insurer says recent deals Braly orchestrated put it on track for growth. Investors in health insurance giant WellPoint Inc., which runs Anthem Blue Cross in California, are pressing for a change in top management as...
News Story
8/19/2012
Posted by Mark Reback
The agency's vague new antitrust rule will discourage companies from innovation and vigorous competition. Last week Google acquired Frommer's travel guide, which by any normal measure was a modest acquisition. The tech giant reportedly agreed to pay about $25 million, which hardly registers against the $38 billion Google earned last year...
News Release
8/17/2012
Posted by Jamie Court
Los Angeles, CA ---  A front page story in the New York Times about hundreds of thousands Californians who have been unemployed long term brings into focus the faces of Californians who will be unfairly surcharged under insurance-industry based Prop 33, said Consumer Watchdog Campaign, which is fighting the ballot measure. Prop 33 gives auto...
News Story
8/14/2012
Posted by Mark Reback
The $2.5-billion deal would boost Tesoro's West Coast presence and give BP cash it needs. It also would leave Tesoro and Chevron controlling more than half of California's gasoline production. Texas oil giant Tesoro Corp. said it will spend $2.5 billion to buy a sprawling refinery in Carson and other assets — including the Arco...
News Story
8/10/2012
Posted by Mark Reback
Opponents of Proposition 33, which would rewrite California law on auto insurance rates, won a preliminary court skirmish Thursday over ballot language. A Sacramento judge refused to tinker with ballot language filed by state officials and voter-pamphlet arguments submitted by the proposition's opponents, advocacy group Consumer Watchdog. The...
News Story
8/10/2012
Posted by Mark Reback
An attempt by backers of an automobile insurance initiative to rewrite the title, summary and opponents' arguments on the November ballot has failed. Late Thursday, a Sacramento Superior Court judge denied a request from the campaign for Proposition 33, alleging the description of the measure for the ballot pamphlet written by the attorney...
News Story
8/7/2012
Posted by Mark Reback
WASHINGTON, D.C. -- West Coast oil refiners cut gasoline production after a fire earlier this year at a Washington state refinery, creating a supply shortage that's left West Coast motorists now paying very high prices at a time when the rest of the nation is seeing prices plunge, according to an influential senator and veteran energy analyst...
News Story
8/6/2012
Posted by Mark Reback
Sacramento loves to hate Consumer Watchdog, because we expose the dirty deeds politicians do for corporations, confront regulators who are asleep at the switch, and don’t believe you have to go along with big corporations to get along. We also take on the rich and powerful in the initiative process on behalf of consumers, which the legislature...
Blog Post
8/3/2012
Posted by Liza Tucker
We all know that California’s budget is in bad shape. It ended the year with a cash deficit of $9.6 billion dollars, papered over with internal borrowing and accounting sleight-of- hand. And we know that Governor Jerry Brown is counting on voters approving a tax hike come November. And we all know about the big scandal with California...
News Story
8/1/2012
Posted by Mark Reback
As proponents of California Proposition 33 await a hearing on a lawsuit they filed to change some wording in voter guide statements for the upcoming November election, they’re hoping to avoid the damage that could be done by language they fear could be used against them by opponents of the measure. The automobile insurance portable...