Consumer Watchdog Calls On Insurance Commissioner To Investigate If Auto Insurers Are Violating CA Insurance Reform Proposition 103 By Pricing Based On Zip-Code
CONTACT Carmen Balber
Santa Monica, CA – An analysis released today by non-profit journalists at ProPublica finds that four auto insurance companies in California mark up prices by as much as 32% for drivers in minority neighborhoods as compared to white neighborhoods with similar risk. In a letter sent today Harvey Rosenfield, the author of Proposition 103, and...
CONTACT Jonathan Phenix
Santa Monica, CA – Following Consumer Watchdog’s challenge to excessive rate hikes proposed by Farmers Insurance Group for 1.2 million renters, homeowners, and condo owners in California, the company has agreed to cut $27 million from its rate increase. Renters will see the greatest relief; their rates will drop by an average of 40.6%...
State Farm Agrees to Reduce Dwelling Insurance Rates by $100 Million Following Consumer Watchdog Challenge
CONTACT Carmen Balber & Harvey Rosenfield
Santa Monica, CA – Answering Consumer Watchdog’s call on State Farm to drastically reduce its dwelling insurance rates, California’s largest homeowners insurance company has agreed to slash these rates by 40%. State Farm’s dwelling insurance protects policyholders who need to insure a home other than the one they occupy....
Consumer Watchdog Blocks Commerce West 12% Auto Insurance Rate Hike Proposal; Policyholders Save Over $8.2 Million
CONTACT Carmen Balber & Jonathan Phenix
Santa Monica, CA – Following Consumer Watchdog's petition for a hearing on Commerce West's application to increase its auto insurance policyholders' rates by 12% overall, the company has withdrawn its requested rate hike, saving California drivers over $8.2 million. Consumer Watchdog's petition alleged, among other things,...
Harvey Rosenfield of Consumer Watchdog says some life insurance companies are not notifying beneficiaries when theyhave been designated as recipients of benefits of life insurance policies, and the companies have been pocketing the money.
Consumer Watchdog Challenges State Farm’s $6.6 Million Rate Hikes on Nearly 100,000 California Businesses
CONTACT Jonathan Phenix & Carmen Balber
Santa Monica, CA -- Three rate proposals from State Farm – California’s largest commercial multi-peril insurer – to increase commercial multi-peril insurance rates by up to 9.0% on average, or $6.6 million combined, will lead to overcharges, Consumer Watchdog said in a legal challenge filed with the Department of Insurance today...
CONTACT Carmen Balber, Jon Phenix & Todd Foreman
Santa Monica, CA -- State Farm, California’s largest homeowner insurance company, has overcharged its customers approximately $78 million –$285,000 per day – since at least July 2015, and should be required to refund that money, Consumer Watchdog said this week in a detailed brief before the Department of Insurance. Going...
Transamerica Increasing Charges On Life Insurance Policies By 40%, Jeopardizing Coverage After Decades Of Payments, Lawsuit Says “Betrayal Of The Baby Boomers”
CONTACT Harvey Rosenfield
Santa Monica, CA -- Consumers who bought life insurance protection from Transamerica Insurance Company decades ago are now facing a choice between paying enormous increases in their monthly premiums or losing their policies, according to a lawsuit filed in federal court in Los Angeles by consumer advocates on behalf of Transamerica policyholders...
CONTACT Harvey Rosenfield & Pamela Pressley
Sacramento, CA – The Sacramento Superior Court has rejected an attack by Mercury and other insurance companies on state regulations that prevent insurance companies from making their policyholders pay for non-insurance expenses like political lobbying and sporting event sponsorships. The regulation is part of the landmark Prop 103 insurance...
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...