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Auto Insurance Proposition 103

News Release
12/20/2013
Posted by Harvey Rosenfield
Santa Monica, CA -- California Insurance Commissioner Dave Jones has approved a decision by an administrative law judge permitting Allstate Insurance Company to grant special premium benefits to motorists who attended prestigious colleges or have high income jobs like lawyers and doctors. The agency staff has previously allowed other insurance...
News Story
11/16/2013
Posted by Mark Reback
At first glance, the statistics revealed in a state-by-state analysis of auto insurance costs make Pennsylvania look pretty good. "Report praised Pennsylvania car insurance model," celebrated a headline in The Pittsburgh Post-Gazette, referring to Tuesday's release of a 75-page "Review of Auto Insurance Rate Regulation in...
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
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
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
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...
News Release
11/12/2013
Posted by Consumer Watchdog
Washington, D.C. – In a report released today, the Consumer Federation of America (CFA) studied state auto insurance rate regulation in every state.  It found that, over the past quarter century, auto insurance expenditures in America have increased by 43 percent on average, with the median state, Wisconsin, jumping 56 percent....
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