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News Release
2/13/2017
CONTACT Pam Pressley
Santa Monica, CA—In a published decision issued Friday afternoon, the California Court of Appeal in Sacramento has rejected a sweeping legal assault brought by Mercury Casualty Co. and insurance industry lobbying groups against Proposition 103, the landmark insurance reform law that has saved California consumers over $100 billion since...
News Release
7/24/2013
CONTACT Mark Reback
Washington DC -- Health insurance giant WellPoint today announced a 24% profit increase in the 2nd quarter of 2013, as compared to last year, and the company's stock hit an all-time high of $90 per share on Wednesday. WellPoint reported it earned $800.1 million, or $2.64 per share, in the three months that ended June 30th, which is up about 24...
News Release
6/19/2013
CONTACT Harvey Rosenfield & Carmen Balber
Santa Monica, CA – Californians spent less per year on auto insurance in 2010 than they did in 1989, a rate reduction that no other state in the nation achieved according to a new Consumer Federation of America analysis of insurance industry data. California voters approved Proposition 103 in 1988 to regulate auto insurance rates and the...
News Release
5/22/2013
CONTACT Doug Heller
Santa Monica, CA – California drivers insured by Auto Club of Southern California will receive an average rate decrease of 4.1% after the company agreed to lower premiums following discussions with the California Department of Insurance and Consumer Watchdog.  The nonprofit Consumer Watchdog challenged a 2012 Auto Club filing with the...
News Release
3/7/2013
CONTACT Carmen Balber
Washington, DC and Santa Monica, CA – Blue Shield of California will impose an unreasonable rate hike as high as 19.9% on 268,000 Californians because the state’s insurance commissioner does not have the power to reject unjustified health insurance premiums. Senator Dianne Feinstein and Representative Jan Schakowsky introduced...
News Release
3/5/2013
CONTACT Carmen Balber, Harvey Rosenfield & Jamie Court
Santa Monica, CA – Mercury Insurance, which provides homeowners insurance for about 270,000 Californians, has refused to implement an 8% rate decrease ordered by California Insurance Commissioner Dave Jones and filed a lawsuit to challenge the decision.  Last month, Jones approved a decision by state Administrative Law Judge Kristin L....
Legal Update
1/29/2013
By Laura Antonini
Mercury Insurance – the company that California regulators say “has a deserved reputation for abusing its customers and intentionally violating the law with arrogance and indifference” – is infamous for playing every angle in its effort to avoid accountability for cheating its customers. Mercury has spent tens of millions...