Yes on 45: Attorney General Asked To Investigate Health Insurance Executives Embroiled In No-Bid Contract Scandal At Covered California, Industry’s So-Called “Independent Commission”
CONTACT Jamie Court & Carmen Balber
Santa Monica, CA -- In response to the Associated Press’s disclosure of unusual no-bid contracts between California’s insurance exchange Covered California and well-connected insurance executives, Consumer Watchdog called upon the Attorney General of California to launch an independent investigation of various contracts at the agency...
Health insurance regulators review rates, and they may even find them unreasonable. But there is no law to force insurance companies to comply with a regulators recommendations. Proposition 45 would change that.
Yes on 45: Rate Challenges Have Saved Consumers $3.063 Billion Since 2002 On Auto, Home and Business Insurance Rates, Showing How Prop 45 Will Save Consumers Up To $1 Billion Annually On Health Insurance
CONTACT John M. Simpson & Carmen Balber
SANTA MONICA, CA – Public challenges to insurance rate requests have saved consumers $3.063 billion on auto, homeowners and medical malpractice policies over the last 12 years, demonstrating the potential savings under Prop 45 which applies the same limits on health insurance rates, Consumer Watchdog said today. Proposition 45 on the...
CONTACT Pamela Pressley
Santa Monica, CA - A sweeping legal assault by Mercury Insurance and various insurance company lobbying groups on rate review regulations that have saved California consumers over $100 billion since the passage of Proposition 103 in 1988 was rejected by the Sacramento Superior Court in a decision filed on June 11th. The court decision upholds a...
CONTACT Pamela Pressley & Carmen Balber
Santa Monica, CA -- Public challenges to auto, home, medical malpractice and earthquake rate hikes proposed by insurance companies but proven excessive have resulted in more than $3 billion saved for consumers since 2002. A chart of the more than $3 billion saved in more than 80 challenges over the last twelve years by Consumer Watchdog is...
Consumer Watchdog Challenge to Farmers’ Auto Rate Filing Seeks to Enforce Proposition 103’s Good Driver Discount Policy Mandates
CONTACT Pamela Pressley & Cathy Lee
Santa Monica, CA - Consumer Watchdog petitioned the Insurance Commissioner this week for a public hearing on the “new program” private passenger auto filings of Farmers Specialty Insurance Company, an affiliate of Farmers Insurance Exchange. Consumer Watchdog’s petition seeks to compel Farmers and its affiliates to comply with...
Insurance companies are always looking for ways to evade Proposition 103, and they have come up with a scheme to evade the law’s good driver requirements. These days, some insurance companies are marketing plans that promise lower premiums to people who belong to what the insurance industry calls “affinity groups” –...
Regular people who work middle class or blue-collar jobs; high school graduates; retired citizens and those on low incomes. Even if they are Good Drivers, they are forced to subsidize the rich, but not necessarily better, drivers who insurance companies prefer to do business with. The surcharges – which are not disclosed on your auto...
Insurance companies are always looking for ways to evade Proposition 103, so it's not too surprising that some companies --Mercury, GEICO, Progressive, 21st Century and the Auto Club of Southern California, to name some of the biggest -- have come up with a scheme to evade the law's good driver requirements. These companies are...
Citizen Groups Petition Insurance Commissioner Jones to Stop Auto Insurance Surcharges Based on Occupation and Education Level
CONTACT Harvey Rosenfield & Pamela Pressley
Santa Monica, CA - Fourteen non-profit citizen, consumer and low income advocacy organizations today formally petitioned Insurance Commissioner Dave Jones to bar auto insurance companies from discriminating against California drivers based on their occupation or education level. “The use of these unauthorized rating factors increases...