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Homeowners' Insurance

Blog Post
11/17/2011
Posted by Doug Heller
Does your bank charge you extra on your monthly car or mortgage loan payments for insurance that the bank bought? Do you even know if it’s happening? Most people insure their homes and cars, but banks sometimes buy an additional policy without asking the owner, adding the costs to the monthly car or home loan payment. Sometimes the...
News Story
11/10/2011
Posted by Mark Reback
Los Angeles, CA -- A $455 million settlement in a long-running insurance class action was approved Wednesday, but the judge overseeing the case tentatively cut the requested attorney fees by 25 percent - and at least one objector to the settlement indicated an appeal could be on the way. Los Angeles County Superior Court Judge William F....
News Release
11/9/2011
Posted by Consumer Watchdog
Los Angeles, CA -- Consumers and the courts, not an insurance company defendant, should benefit from a $455 million class action settlement, Consumer Watchdog argued at the settlement’s final approval hearing in Los Angeles Superior Court today. The unclaimed funds in the settlement of a consumer lawsuit against Farmers Insurance could...
News Story
9/26/2011
Posted by Mark Reback
SACRAMENTO, Calif. -- California Insurance Commissioner Dave Jones is something of an anomaly. Following the 2010 elections, which saw historic victories for Republicans across the country, Jones, a Democrat, came into office saying that he intended to be "an activist" who would "make the California Department of Insurance the...
Legal Update
7/15/2011
Posted by Consumer Watchdog
Mercury Insurance wants to hike its already excessive homeowner’s insurance rates: Mercury’s stalling tactics have already cost its policyholders $25 million, and each day that Mercury is allowed to overcharge its policyholders amounts to $35,000 in excess profits.   In May 2009, Mercury Insurance sought to hike its homeowners...
Blog Post
6/15/2011
Posted by Judy Dugan
I'm sure California Insurance Commissioner Dave Jones knew what he was in for when he called together a few dozen consumer-focused organizations to talk about their issues with insurance--health, auto, home, long term care and more. The stories filled a day, and could have gone on for days more--of payment and care denied, policies that...
News Release
6/1/2011
Posted by Consumer Watchdog
Cross-posted from California Department of Insurance: Insurance Commissioner Dave Jones today announced a substantial decrease in homeowner insurance rates by USAA. The recent approval of the company's rate filing reduces rates for most of its California policyholders by an average of 14.9 percent. "Today, I am pleased to...
Video
3/16/2011
Posted by Consumer Watchdog
Consumer Watchdog's Doug Heller discusses the value of acquiring earthquake insurance as risk increases and premiums decrease.