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News Release
CONTACT CONTACT: Doug Heller, (310) 392-0522, ext. 309; or Carmen Balber, ext. 324
Santa Monica, CA -- California has the best automobile insurance regulation in the nation, with the slowest-growing premiums and one of the most competitive markets in the country, according to a state-by-state study the Consumer Federation of America released in Washington DC today. In 1988, California voters approved Proposition 103, which...
News Release
CONTACT CONTACT: Doug Heller 310-392-0522 ext. 309 ; or Pamela Pressley (310) 779-9195
Insurance Commissioner Ordered Allstate to Lower Rates by 15.9% Under Prop. 103 Santa Monica, CA – Consumer advocates argue today before a San Francisco Superior Court that the $250 million auto insurance rate decrease ordered by Insurance Commissioner Poizner last month for Allstate customers must go into effect immediately. Allstate is...
Blog Post
posted by Jamie Court
Can Dennis Quaid's fight to make sense of his twin babies' harrowing ordeal at Cedars Sinai change the face of medicine? I'm betting on Quaid and his family's new foundation. Quaid's appearance on the Today Show aired a straight-forward issue that has become unnecessarily overly-complicated on Capitol Hill, in state houses and in the media. The...
News Release
CONTACT Doug Heller, 310-392-0522 x309, or Harvey Rosenfield x303
AT&T's Ban on Class Actions is Unlawful, Customers Argue Santa Monica, CA -- Cell phone customers who sued AT&T and Cingular over abuses in the companies’ 2004 merger are asking a federal court in Seattle to protect their rights and give them their day in court. In papers filed late last Friday, lawyers representing potentially...
News Release
CONTACT CONTACT: Doug Heller, (310) 392-0522, ext. 309, or Harvey Rosenfield ext. 303
Santa Monica, CA -- The insurance affiliate of the Automobile Club of Southern California (the Interinsurance Exchange of the Automobile Club) will issue $22.5 million in refunds to approximately 120,000 policyholders to resolve lawsuits brought by The Proposition 103 Enforcement Project, a project of the non-profit Foundation for Taxpayer and...
News Release
CONTACT CONTACT: Doug Heller, (310) 392-0522, ext. 309
Consumer Group, Dep't of Insurance Win Victory to Protect Prop 103, Save Policyholders Billions Santa Monica, CA -- Amendments to California insurance regulations implementing voter-approved Proposition 103's requirement that insurance companies pay the costs of rate hike challenges brought by consumers were upheld by the Los Angeles Superior...
Blog Post
Posted By: Doug Heller
Warren Buffett, owner of Geico Insurance  and major reinsurance companies, has begun to sound the alarms that I'm thinking will soon become an industrywide call for insurance rate hikes.    "The party is over," Buffett said in his annual letter to shareholders. "It is a certainty that insurance industry profit...
News Release
CONTACT Posted By: John M. Simpson, 310-292-1902 (cell)
Appeal Still Planned Against Narrowed Claims SANTA MONICA, CA -- Closer analysis of the patent office's decision on a human embryonic stem cell patent held by the Wisconsin Alumni Research Foundation (WARF) shows the following gains made for researchers: • The original broad patent was abandoned showing it was underserved and new amended...
News Release
CONTACT CONTACT: Judy Dugan, 213-280-0175 (cell); Jamie Court, 310-392-0522, ext. 327
Federal District Judge in Kansas City Refuses to Dismiss Suit Against Petroleum Marketers Alleging Deceptive Sale of Gasoline, Diesel Fuel Santa Monica, CA -- The sale of "hot fuel" will bring a long, uncomfortable summer to petroleum marketers, refiners and oil companies with a federal judge's across-the-board decision to let a lawsuit...
News Release
CONTACT By Jerry Flanagan, 310-392-0522 x319; Judy Dugan, x305; Jamie Court, x327
Santa Monica, CA -- In a letter sent today to California Legislative Analyst Elizabeth Hill, a consumer group urged Hill, who is conducting an independent fiscal analysis of the state's health care legislation, to examine cost overruns hitting a similar program in Massachusetts and the lack of controls over insurer profiteering in the California...