News Release
CONTACT Jonathan Phenix & Carmen Balber
Santa Monica, CA – Consumer Watchdog has filed a petition challenging the insurance rates that two companies in the Travelers Group want to charge small businesses. The consumer group is seeking a 20% cut to the rates Travelers currently charges, which would deliver about $20 million in savings to policyholders. Travelers’ rate...
News Release
CONTACT Jerry Flanagan - Consumer Watchdog & Travis Corby - Shernoff Bidart Echeverria LLP
Santa Monica, CA - California consumers are being priced out of their life insurance policies once they become disabled resulting in the loss of valuable coverage, according to a class-action lawsuit accusing Hartford Life and Accident Insurance Company of “bad faith.” According to the lawsuit: “Consumers purchase life insurance...
News Release
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...
News Release
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%...
News Release
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....
News Release
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on Commerce West's application to increase its auto insurance policyholders' rates by 12% overall, the company has withdrawn its requested rate hike, saving California drivers over $8.2 million.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.
News Release
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...
News Release
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...
News Release
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...