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Prop 103

Video
11/13/2013
Posted by Consumer Watchdog Admin
Back in 1984, the California Legislature passed a law requiring drivers to have auto insurance… but didn't limit how much insurers could charge. Predictably, insurers hiked prices by double digits. Voters revolted against the price gouging by passing Prop 103, and the result was billions in savings. Prop 103 has saved California drivers...
News Story
11/13/2013
Posted by Mark Reback
By now, it’s no surprise when California Insurance Commissioner Dave Jones issues a press release, and the one that came Tuesday commemorated the 25th anniversary of the passage of Proposition 103 in 1988, when Jones was still in law school. That was the measure that, among other things, made the insurance commissioner’s job elective,...
News Story
11/13/2013
Posted by Mark Reback
Nebraska consumers have seen the nation's biggest percentage increase in auto insurance rates since 1988, a consumer group said Tuesday in recommending that all states adopt tough, California-style regulation of the auto insurance industry. Iowa's increase has been above-average, too, the Consumer Federation of America said in a report...
Blog Post
11/12/2013
Posted by Harvey Rosenfield
I'm truly humbled. It was a big deal when, 25 years ago this month, you and other California voters joined with me to pass Proposition 103, the toughest auto insurance regulation in the nation. But I had no idea exactly how big. Today, in downtown Los Angeles, the Consumer Federation of America released the findings of a new report: Prop 103...
News Story
11/12/2013
Posted by Mark Reback
Click here to listen to the audio of this radio broadcast. LOS ANGELES (CBSLA.com) — The author of Proposition 103, the landmark bill that regulated auto insurance rates in California, said Tuesday he knows how to replicate its success to fix the Affordable Care Act. KNX 1070′s Vytas Safronikas reports Prop. 103 author Harvey...
News Story
11/12/2013
Posted by Mark Reback
California is the only state where the average price paid for auto insurance has gone down since 1989, according to a report published Tuesday by the Consumer Federation of America. The report attributed the decrease mainly to Proposition 103, an initiative passed by voters in 1988 that, among other things, required property and casualty insurers...
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