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Prop 103

News Story
11/12/2013
Posted by Mark Reback
California has the most consumer-friendly auto insurance industry in the U.S. due to state regulations, the Consumer Federation of America (CFA) says in a report released today. Twenty-five years after California voters passed Proposition 103, which imposed regulations and rate controls on auto insurance companies, the measures have been declared...
News Story
11/12/2013
Posted by Mark Reback
Pennsylvania, California and 13 other states that require auto insurance companies to get prior approval before they can raise rates do the best job of keeping insurance premiums in check, according to a report by the Consumer Federation of America. While auto insurance premiums nationwide have risen an average of 43 percent from 1989 through 2010...
Blog Post
10/16/2013
Posted by Harvey Rosenfield
Auto insurance rates in California have to be based primarily on a motorist’s driving safety record, the number of miles you drive each year, and how many years you’ve been on the road.  That’s one of the mandates of insurance reform Proposition 103, approved by California voters in a David versus Goliath battle with the...
Video
8/20/2013
Posted by Consumer Watchdog
 Prop 103 has resulted in lower premiums than 25 years ago
News Release
8/19/2013
Posted by Carmen Balber
Santa Monica, CA – The Field Poll released a survey today finding that 50% of California voters have difficulty affording health care, and 73% say insurance costs are the most difficult to afford. California voters will soon have the chance to make health insurance more affordable by requiring insurance companies to publicly justify and get...
Blog Post
6/21/2013
Posted by Jamie Court
California is the only state in America where drivers spent less per year on auto insurance in 2010 than they did in 1989. That startling fact comes from the insurance industry’s own data just analyzed by the Consumer Federation of America. The group’s report credited California’s insurance reform Proposition 103 -- the toughest...
News Release
6/19/2013
Posted by Harvey Rosenfield
Santa Monica, CA – Californians spent less per year on auto insurance in 2010 than they did in 1989, a rate reduction that no other state in the nation achieved according to a new Consumer Federation of America analysis of insurance industry data. California voters approved Proposition 103 in 1988 to regulate auto insurance rates and the...
News Story
5/23/2013
Posted by Mark Reback
The average policyholder will see a $65 reduction in his or her annual bill. It's the Auto Club of Southern California's fourth rate decrease in the last nine years. About 1 million customers of the Automobile Club of Southern California will get an average $65 reduction in their annual car insurance bills, the auto club and the state...
News Release
5/22/2013
Posted by Doug Heller
Santa Monica, CA – California drivers insured by Auto Club of Southern California will receive an average rate decrease of 4.1% after the company agreed to lower premiums following discussions with the California Department of Insurance and Consumer Watchdog.  The nonprofit Consumer Watchdog challenged a 2012 Auto Club filing with the...
News Story
5/9/2013
Posted by Mark Reback
Huge insurer Mercury Insurance Group has lost part of its ongoing legal challenge over homeowners insurance rates. Sacramento Superior Court rejected Mercury's petition to delay implementing a rate decrease ordered by state regulators. As a result, about 270,000 Californians who insure their homes through Mercury will save more than $16.5...