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News Release
CONTACT CONTACT: Doug Heller, (310) 392-0522 ext. 309; or Carmen Balber, ext. 324
A San Francisco judge refused auto insurance giant Allstate’s request to block a $250 million auto insurance rate decrease set to go into effect next Monday.   Last month, California Insurance Commissioner Steve Poizner ordered Allstate to reduce its auto insurance rates by 15.9%.  Allstate went to court to stop the decrease from...
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...
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...
Blog Post
By Consumer Watchdog
I spent the morning down at the Court of Appeal in Los Angeles listening to lawyers for Farmers Insurance try to convince the justices that California voters did not mean what they said when they passed insurance reform Proposition 103. To buy an insurance policy from Farmers, you have to sign a special agreement to pay a "management fee...
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...
News Release
CONTACT By Jamie Court, (310) 392-0522, ext. 327, or Carmen Balber, ext. 324
Núñez Deal Would Force Consumers to Buy Health Insurance With No Limit on Price or Promise of Meaningful Benefits Santa Monica, California -- Labor unions, hospitals and doctors, health insurers and the drug industry have contributed $3.8 million to Proposition 93, the measure to extend legislative term limits, as they sought and...
News Release
CONTACT CONTACT: Carmen Balber, (310) 392-0522, ext. 324
California Consumer Group Challenges Farmers' Attempt to Overcharge California Homeowners One-Quarter $Billion a Year Santa Monica, CA -- Farmers Insurance Company is seeking exemptions to state rules that could allow it to charge one million Californians almost $250 million extra per year for their Farmers homeowners insurance. Information...
News Release
CONTACT CONTACT: Doug Heller, 310-392-0522, x309
Allstate Insurance Company will not be allowed to hide trial exhibits that include the company's pay-out procedures for Hurricane Katrina claims thanks, in part, to efforts by Public Justice, a national public interest law firm headquartered in Washington DC, and the California-based Foundation for Taxpayer and Consumer Rights (now Consumer...
News Release
CONTACT Carmen Balber, (310) 392-0522 ext. 324, or Pamela Pressley, ext. 307
Challenges Under Voter-Approved Prop 103 Could Save $50 Million for 110,000 Fireman's Fund and Geo Vera Policyholders Santa Monica, CA -- The Department of Insurance ordered hearings this week into proposed earthquake rate increases by Geo Vera and Fireman's Fund in response to filings by consumer advocates at the Foundation for Taxpayer and...