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Prop 103

Blog Post
1/18/2017
Posted by Carmen Balber
California consumers and small business owners saved $246 million dollars on their insurance in 2016 thanks to public rate challenges brought by Consumer Watchdog under insurance reform initiative Proposition 103. Since 2002, Consumer Watchdog rate challenges have saved policyholders $3.2 billion on their auto, home, condo, earthquake,...
News Story
1/17/2017
Posted by Mark Reback
The California Department of Insurance says State Farm is not moving fast enough to lower its rates for homeowners and renters and it could face billions of dollars in fines if it doesn't speed up the process. The threat of hefty fines, sent Friday to State Farm, escalates an increasingly bitter fight between the department and the Bloomington...
News Story
1/16/2017
Posted by Mark Reback
Prop. 103 has saved consumers Re “Are insurance rates better under Prop. 103?” (Insight, Jan. 13): The article about consumer rate challenges under Proposition 103 misleads the public about where its critique comes from. William Gausewitz is quoted as a source. Gausewitz lobbied for the insurance industry, and after leaving his job...
News Story
12/29/2016
Posted by Mark Reback
A banking scandal, exploding phones and the ongoing roller coaster of PG&E rate changes were among the top stories raising the ire of consumers this years. Perhaps the worst was the Wells Fargo bank scandal in which employees secretly opened millions of bogus credit and bank accounts to meet sales targets, and then funded many of those...
Video
12/16/2016
Posted by Mark Reback
A judge is set to rule on whether State Farm Insurance must refund millions to consumers in California for overcharging them on homeowners and renters policies.
Video
12/16/2016
Posted by Mark Reback
State Farm Insurance is going to court to fight ordered millions in refunds for overcharging consumers on homeowners and renters policies.
News Story
12/9/2016
Posted by Mark Reback
A request by State Farm to block an order requiring it to issue more than $100 million in premium refunds will be considered next week in San Diego County Superior Court. California Insurance Commissioner Dave Jones, citing authority of the state's landmark Proposition 103, ordered the Bloomington, Ill., insurer in November to issue the...
News Story
12/7/2016
Posted by Mark Reback
Last month, California Insurance Commissioner Dave Jones ordered more than $100 million in refunds for nearly 2 million State Farm policy owners, alleging the company charged excessive rates for its homeowners and renters insurance. It apparently was the first such refund approved since California’s landmark Proposition 103 rolled back...
News Story
11/9/2016
Posted by Mark Reback
Insurer also ordered to issue refunds California Insurance Commissioner Dave Jones issued an order Monday requiring State Farm General Insurance Co. to reduce its dwelling insurance rates by an average of 7 percent, resulting in an estimated $78.6 million in annual savings for California policyholders, according to an announcement by the...
News Release
11/8/2016
Posted by Carmen Balber
Santa Monica, CA – The landmark insurance reform passed by California voters on Election Day twenty-eight years ago is paying off again today. Over 1.7 million State Farm homeowners, condo owners and renters will collectively receive more than $100 million in refunds and save $156 million per year in premiums under an order issued late...