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News Release
1/26/2011
CONTACT Carmen Balber, John M. Simpson +Jamie Court
WASHINGTON, DC – Consumer Watchdog’s new animated satire, “Mr. Schmidt Goes to Washington,” debuted today on the streets of Washington, DC, to make the case for why Congress should call Google CEO Eric Schmidt to testify under oath about the Wi-Spy scandal and other online privacy issues.  The group also said the...
Blog Post
1/25/2011
By Judy Dugan
There aren’t many oil analysts who still deny that speculation, and the sheer volume of speculative trades in energy commodities, drives up the price of oil and gasoline. But there’s an army of financial and energy lobbyists still arguing that effective regulation of oil and other commodity trading will somehow destroy the financial...
News Release
1/24/2011
CONTACT John M. Simpson 310-392-7041; Jamie Court 310-392-0522 ext.327; Carmen Balber, 202-629-3043
SANTA MONICA, CA -- Consumer Watchdog today sent Rep. Darrell Issa (R-CA) a 32-page report detailing how Google has inappropriately, benefited from its close ties to the Obama Administration, including how NASA’s Moffett Airfield, near Google’s world headquarters, has been turned into a taxpayer-subsidized private airport for Google...
News Release
1/20/2011
CONTACT Jamie Court + Doug Heller
Santa Monica, CA – Consumer Watchdog called on Blue Shield Thursday to disclose its CEO's salary and justify how it can hold 12 times the surplus required by the state while raising Californians' rates by 59%. Blue Shield is the only major health insurer in California that conceals its top executives' salaries from the...
News Release
1/6/2011
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...
Blog Post
10/28/2010
Posted by Judy Dugan
The first major set of health reform regulations, governing the "medical loss ratio," resembles the victim of a Mob kneecapping--hobbled but surviving--after a corporate lobbying onslaught. And the fight is not yet over. It's just moved from the National Association of Insurance Commissioners to the White House. Which raises the...
News Release
10/26/2010
CONTACT Jamie Court, 310-874-9989; or Carmen Balber, 202-629-3043
Washington, DC -- Consumer Watchdog asked President Obama to force BP Fund Administrator Kenneth Feinberg to withdraw from a keynote address Wednesday at a Chamber of Commerce group dedicated to eviscerating spill victims’ legal rights, and to fire Feinberg if he refuses. Washington, DC -- Consumer Watchdog asked President Obama to force BP...
News Release
10/20/2010
CONTACT Carmen Balber, 202-629-3043 or Jamie Court, 310-392-0522, ext 327
State Insurance Commissioners to Vote Thursday, Send Recommendations to HHS Washington, DC – As the insurance industry lobbies state insurance commissioners in Orlando to weaken modest regulations on health insurance premiums, Consumer Watchdog’s leaders reiterated their call for President Obama to place a moratorium on premium...
Blog Post
10/19/2010
Posted by Judy Dugan
CW's friend Wendell Potter, a flat-out expert on how health insurance companies behave and how their lobby infiltrates government, has a report from the National Association of Insurance Commissioners meeting in Orlando, Fla. Most interesting numbers: there are 28 consumer advocates, and more than a thousand health insurance and allied...
Blog Post
10/19/2010
Posted by Judy Dugan
In years past, a profit result like United HealthCare's 26% increase in the third quarter would spike the stock price. Not so on Tuesday, because investors are worried that insurance companies' profit rocket will slow down next year as health reform requirements kick in. That, in a nutshell, is why the insurance industry is spending tens of...