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News Release
8/9/2016
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...
News Release
8/2/2016
CONTACT Carmen Balber & Jonathan Phenix
Santa Monica, CA – Consumer Watchdog filed a petition challenging State Farm’s proposed rates for its dwelling insurance, charging that California’s largest homeowners insurer will be overcharging over 280,000 policyholders unless it cuts its rate by as much as 40%, or nearly $100 million. Consumer Watchdog’s analysis found...
News Release
4/20/2016
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
4/14/2016
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
11/16/2015
CONTACT Carmen Balber & Daniel Zohar
San Francisco, CA – State Farm’s request for a 6.9% increase in its homeowners insurance premiums goes to trial this morning in San Francisco. Consumer Watchdog, one of two organizations bringing the legal challenge before the California Department of Insurance, says the company’s rates are already too high, and should be reduced...
News Release
10/28/2015
CONTACT Carmen Balber
Santa Monica, CA – California is the only state in the nation where auto insurance premiums, in real dollars, are lower today than they were 27 years ago when the voters approved insurance reform Proposition 103. The law has saved drivers $100 billion on their insurance since 1988, according to a study by the Consumer Federation of America....
News Release
10/20/2015
CONTACT Carmen Balber & Pamela Pressley
Santa Monica, CA -- Consumer Watchdog has challenged a rate increase proposed by State Farm, the state’s largest homeowners insurance company, that would overcharge consumers by approximately $210 million a year were it to take effect.  State Farm has made $1.5 billion in profits from its California homeowners line over the last 5 years...
News Release
2/7/2013
CONTACT Douglas Heller
Los Angeles, CA – Insurance Commissioner Dave Jones, State Farm and Consumer Watchdog jointly announced a $160 million rate cut for State Farm’s California homeowners insurance policyholders at a news conference today.  More than a million homeowners and approximately 250,000 renters throughout California will see their premiums...