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Insurance Rate Regulation

News Story
10/22/2015
Posted by Mark Reback
State Farm's proposed 6.9% homeowners' insurance rate increase for 1.7 million California homeowners faces a challenge from Consumer Watchdog, which claims the rate would overcharge consumers $210 million annually if it takes effect. But State Farm defended the hike, saying exposure to catastrophic losses in California is possibly "...
News Release
10/20/2015
Posted by Carmen Balber
Santa Monica, CA -- Consumer Watchdog has challenged a rate increase proposed by State Farm, the state’s largest homeowners insurance company, that would overcharge consumers by approximately $210 million a year were it to take effect.  State Farm has made $1.5 billion in profits from its California homeowners line over the last 5 years...
News Release
6/23/2015
Posted by Carmen Balber
Santa Monica, CA – Covered California has successfully lobbied the federal government to delay public disclosure of qualified health plan rate change proposals for 2016, Consumer Watchdog said today. In a letter to Peter Lee, executive director of Covered California, Consumer Watchdog said that residents of every other state now have access...
News Story
4/6/2015
Posted by Mark Reback
In the California insurance world, activist Harvey Rosenfield and Insurance Commissioner Dave Jones have been longtime collaborators. Until recently. Rosenfield, a feisty consumer advocate from Santa Monica, wrote Proposition 103, a landmark 1988 ballot measure that turned the insurance commissioner into an elected...
News Story
11/5/2014
Posted by Mark Reback
Proponents of Proposition 45, which would have given California's insurance commissioner the authority to regulate some health plan rates, say that those rates will continue to skyrocket, following the measure's defeat at the polls. Commissioner Dave Jones has tried to get this authority into law for almost 10 years, dating back to his...
News Release
6/13/2014
Posted by Pam Pressley
Santa Monica, CA - A sweeping legal assault by Mercury Insurance and various insurance company lobbying groups on rate review regulations that have saved California consumers over $100 billion since the passage of Proposition 103 in 1988 was rejected by the Sacramento Superior Court in a decision filed on June 11th. The court decision upholds a...
News Release
5/13/2014
Posted by Pam Pressley
Santa Monica, CA -- Public challenges to auto, home, medical malpractice and earthquake rate hikes proposed by insurance companies but proven excessive have resulted in more than $3 billion saved for consumers since 2002. A chart of the more than $3 billion saved in more than 80 challenges over the last twelve years by Consumer Watchdog is...
News Release
3/26/2014
Posted by Carmen Balber
SANTA MONICA, CA – Health insurance giant WellPoint this week threatened “double-digit plus” rate hikes next year, but won’t get away with unjustified increases if voters approve a California ballot measure to increase health insurance rate transparency and accountability this November, said Consumer Watchdog Campaign....
News Story
2/19/2014
Posted by Mark Reback
WASHINGTON -- Advocates and opponents of California's Proposition 103 are debating whether it has helped consumers 25 years after its passage. Some say the debate is being used to sway voters who will determine whether measures similar to Proposition 103 should be applied to health insurance in the state this fall. Passed in 1988, the...
Video
11/15/2013
Posted by Consumer Watchdog Admin
Millions of Californians affected after health insurers cancel their current plans have been given a reprieve. Insurers can now extend plans into 2014 under the affordable care act. California insurance commissioner Dave Jones says insurers demanded provisions before the laws went into effect. Jamie Court of Consumer Watchdog has asked Covered...