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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
11/12/2013
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 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...