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Feature
12/8/2009
Litigation Team
For a graph of the nearly $2 billion California consumers saved between 2003 and 2010, click here. Below is a chart of Consumer Watchdog's pending and completed challenges to insurance companies' proposed rate changes in California. Pending PENDING Company/Group Line Description...
News Release
12/2/2009
CONTACT CONTACT: Carmen Balber, 202-629-3043
Financial Reform Should Not Override State Protections, Says Consumer Watchdog   Washington, D.C. --- Legislation to undermine state insurance protections, including laws requiring insurers to hold enough money to pay all claims, passed the U.S. House Financial Services Committee today. Insurance deregulation should not be part of a...
News Release
12/1/2009
CONTACT CONTACT: Bob Hunter (703) 528-0062; or Doug Heller (310) 392-0522, ext. 309
California Drivers Have Saved $62 Billion in 20 Years Under Similar Rules and Have Among Most Competitive Insurance Markets in Nation WASHINGTON, D.C. – A proposed ballot measure would allow Michigan voters to weigh in on consumer-oriented insurance reforms that have saved California drivers an average of $3 billion per year since being...
Blog Post
11/16/2009
Posted by Judy Dugan
I don't think readers will be too surprised to discover this. Drug companies are jacking up their prices in advance of new laws that might rein in their abuses. Just like credit card interest rates are through the roof, in the high teens for good customers and up to 30% overall, in advance of new regulation. A New York Times investigation...
News Release
11/10/2009
CONTACT CONTACT: Doug Heller, (310) 392-0522, ext. 309
Office Taped A Call About Handling of Mercury Insurance Initiative; AG Angry, Demeaning When Questioned By Reporters Santa Monica, CA — Consumer Watchdog has posted the transcripts of secretly taped conversations between journalists and Attorney General Jerry Brown or members of his staff. One transcript involves the attempt by the Attorney...
Blog Post
10/30/2009
Posted by Harvey Rosenfield
I can't believe this! Two days ago, I told you about how Attorney General Jerry Brown rewrote the official summary of a ballot measure sponsored by Mercury Insurance Company to omit the fact that it will raise auto insurance premiums. This morning The San Francisco Chronicle reports that Brown's spokesman secretly taped a conversation with...
News Release
10/27/2009
CONTACT CONTACT: Doug Heller, 310-392-0522, ext. 309
Santa Monica, CA — Mercury Insurance has begun its campaign to allow insurers to hike auto insurance rates for Californians who have had a lapse in their auto insurance for any reason.  The initiative is a repackaging of Mercury-sponsored legislation invalidated by a California Court of Appeal in 2005, after the court determined the...
News Release
10/27/2009
CONTACT CONTACT: Carmen Balber, cell: 310-403-0284 or 202-629-3043
Washington, D.C. --- Consumer Watchdog sent a letter to Treasury Secretary Geithner, House Financial Services Committee Chair Barney Frank, and Financial Services Subcommittee Chair Paul Kanjorski today, arguing that legislation intended to undermine state insurance protections (H.R. 2609) is inconsistent with the re-regulatory promise of the...
News Release
10/13/2009
CONTACT CONTACT: Jerry Flanagan, 310-889-4912; or Carmen Balber, 202-629-3043
WASHINGTON, D.C. -- The White House and Congress should embrace "prior approval" regulation of health care rates in response to the health insurance industry's threat that costs will increase under a reform plan being considered by the U.S. Senate Finance Committee today. Consumer Watchdog, which pioneered the most successful insurance...
News Release
10/6/2009
CONTACT CONTACT: Carmen Balber, 202-629-3043; or Doug Heller, 310-392-0522 x309
Proposal Would Allow Treasury to Preempt State Capital Rules That Kept Insurance Policyholders Safe While Other Financial Firms Crashed Washington, D.C. -- Consumer Watchdog called on Congress to reject legislation allowing the Treasury Department to use international agreements to override state insurance laws, including those requiring insurers...