CONTACT Doug Heller
Santa Monica, CA – With only seven lawmakers voting against the hotly contested measure, the California Assembly has passed AB 52 (Feuer), which would subject health insurance companies to the same kind of vigorous rate regulation currently in place for auto and homeowners insurance companies in California. Prior to the vote the...
CONTACT By The California Department Of Insurance
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...
CONTACT Doug Heller
Santa Monica, CA – The CEO of the nonprofit health insurance company Blue Shield of California, Bruce Bodaken, earned $4.6 million in 2010, according to documents made public by the California Department of Insurance Wednesday. Blue Shield paid its top ten executives more than $14 million combined last year. In January of this year,...
By Carmen Balber
Health insurance premiums are increasing at a rate faster than medical inflation, especially in the volatile individual and small group markets, and worker incomes have not kept pace. The passage of the federal reform law triggered further outsized increases by insurance companies apparently seeking to establish high base rates in advance of the...
Sen. Dianne Feinstein, Rep. Schakowsky, Maine Insurance Official Urge Strong Regulation of Health Insurance Premiums As Insurance Company Premiums and Profits Soar
CONTACT Carmen Balber & Judy Dugan
Washington, DC— U.S. Senator Dianne Feinstein, Representative Jan Schakowsky, and Maine Superintendent of Insurance Mila Kofman said strong regulation is necessary to prevent excessive rate hikes and hold down costs under federal health reform. They appeared at a Consumer Watchdog briefing on Capitol Hill today. The nonprofit consumer...
Consumer Watchdog Applauds Commissioner Jones's Effort to Rein in Overpriced Medical Malpractice Insurance
CONTACT Doug Heller, 310-392-0522 ext. 309
Santa Monica, CA – California Insurance Commissioner Dave Jones has called on insurance companies that sell medical malpractice coverage to medical providers such as doctors, hospitals and clinics to lower premiums that appear to be excessive. The nonprofit Consumer Watchdog applauded the Commissioner, noting that if the insurers did...
By Jamie Court
The largely peaceful revolution in Cairo and Americans’ celebration of it raises the question: What would it take to mount a peaceful revolution in America against the Wall Street and corporate powerhouses that have turned the government against the best interests of our people? In America, the corporation is king and the abuses of...
By Carmen Balber
The new Republican House majority plowed forward with its anti-health care agenda in DC this week. However, the campaign invective calling for the "repeal" of the job-killing health care bill has officially morphed into “replace” talking points - an explicit acknowledgement that the consumer protections and insurance market...
CONTACT Doug Heller and Daniel Y. Zohar
Santa Monica, CA -- Allstate Insurance has agreed to stop selling its aggressively marketed "Your Choice Auto" (YCA) insurance program in California, in response to a challenge brought by the nonprofit Consumer Watchdog. As of today, Allstate will no longer issue new YCA policies, which Consumer Watchdog considers deceptive and...
CONTACT Doug Heller + Jamie Court
Santa Monica, CA – Consumer advocates are calling Blue Shield's 59% premium hike Exhibit A for legislation that would allow the Insurance Commissioner to curb health insurers' rate hikes. California Assemblyman Mike Feuer (D-LA) has introduced AB 52, which would require health insurers to receive approval from the state before...