Consumer Watchdog Posts Judge’s State Farm Proposed Refund Order; Commissioner Must Approve Or Reject
CONTACT Harvey Rosenfield & Carmen Balber
Santa Monica, CA – Yesterday, the California Department of Insurance made public a proposed decision by an Administrative Law Judge, issued after an extensive hearing requested by Consumer Watchdog, ordering State Farm to decrease its homeowners insurance rates by 7.0%, and to refund policyholders $85 million for overcharges collected since...
Judge Finds that State Farm Overcharged Consumers $85 Million, Proposes Refunds and $156 Million Rate Reduction; Final Decision From Insurance Commissioner Pending
CONTACT Harvey Rosenfield & Jonathan Phenix
Santa Monica, CA -- In a major victory for 1.7 million State Farm policyholders, an administrative law judge at the California Department of Insurance has: • Determined that since at least July 15, 2015, State Farm’s premiums for homeowners insurance have been excessive, ordering the Company to refund policyholders at...
CONTACT Carmen Balber
Santa Monica, CA – The U.S. Department of Justice should heed today's recommendation by California Insurance Commissioner Dave Jones and reject the proposed $37 billion merger of health insurance giants Aetna and Humana, said Consumer Watchdog. Consumer Watchdog said approving the merger would mean higher costs, reduced benefits and...
Consumer Watchdog Applauds CA Dept. of Insurance For Urging U.S. Dept. of Justice to Reject Anthem-Cigna Merger
CONTACT Carmen Balber
Santa Monica, CA – The U.S. Department of Justice should adopt today's recommendation by California Insurance Commissioner Dave Jones and reject the proposed $50 billion merger of health insurance giants Anthem and Cigna, said Consumer Watchdog. Consumer Watchdog urged Commissioner Jones to reject the merger in testimony at a March...
Consumer Watchdog Campaign: CA TV Stations Take $100 Million From Insurance Companies Against Props 45 & 46 But Some Did Not Cover Measures
CONTACT Liza Tucker
Santa Monica, CA - TV stations in a dozen California markets skipped coverage of consumer friendly Propositions 45 and 46, despite the fact that $100 million from insurance companies flooded stations with advertising revenue. The ballot measures hold insurance companies and dangerous doctors they insure accountable. “TV stations have been...
Consumer Watchdog Campaign: Insurance Companies Spend More Than $100 Million Against Prop 45 and 46 Consumer Protections; Public Warned Of Deceptive Mailers and Advertising
CONTACT Liza Tucker
Santa Monica, CA – Consumer Watchdog today warned voters that insurance companies had spent more than $100 million on deceptive advertising opposing pro-consumer Propositions 45 and 46. “The $100 million campaigns bankrolled by insurance companies against Props 45 and 46 are meant to scare voters against initiatives that will...
By Harvey Rosenfield
No candidate on the ballot this year can do as much for you as two propositions backed by Consumer Watchdog, Consumer Federation and other champions of the underdog. YES ON PROP 45 will give us the power to stop price gouging by the health insurance companies. Congress requires us to buy health insurance, but they didn’...
Lauren Sivan looks at what Prop 45 will do for consumers if passed, and how the insurance companies are spending tens of millions of dollars to stop it.
A group of price-gouged policyholders, nurses and consumer advocates descended on the Fairmont Hotel in San Francisco on Monday night with a truck load of steer manure to give back to the CEOs feting Kaiser's chief what they have been shoveling to Californians in their advertising against Prop 45.
B.S. Alert: Health Insurance Robber Barons Spend $56 Million vs. Prop 45's Rate Regulation in California Without a Single Public Comment
By Jamie Court
Four health insurance companies are spending $56 million to defeat California Proposition 45, a ballot measure to be decided Tuesday, which I wrote, that bans excessive insurance rate hikes. The insurance companies have unleashed a torrent of deceptive advertising but have remarkably refused to issue a single comment to the news media on Prop 45...