Los Angeles, CA -- Mercury Insurance Company will pay at least $27.6 million in civil penalties for overcharging hundreds of thousands of California motorists in violation of insurance reform Proposition 103. Late yesterday, the California Supreme Court rejected the company’s last-ditch effort to evade the fine – the largest ever against a car insurance company in California.

Sacramento, CA – A wildfire insurance bill sponsored by Insurance Commissioner Ricardo Lara stalled in the state Assembly today in the face of objections raised by the Department of Finance and Consumer Watchdog that the bill would expose taxpayers to unnecessary financial risks.

Los Angeles, CA -- Consumer Watchdog said legislation sponsored by Insurance Commissioner Ricardo Lara and scheduled for a vote Wednesday would needlessly expose California taxpayers to the same kind of complex and risky financial instruments that led to the 2008 financial crisis.

The bill would allow the state to purchase insurance and other financial products with none of the usual state oversight, including insurance regulation by Commissioner Lara’s own Department of Insurance and procurement rules at the Department of General Services.

Los Angeles, CA — Consumer Watchdog today urged Governor Newsom to crack down on the state’s recycling regulator CalRecycle and to take urgent steps that save the state’s bottle deposit program in the long and short term.

“The closure of the largest recycling chain in the state, rePlanet, has cut the number of recycling centers available to Californians in half over the last six years,” Consumer Watchdog President Jamie Court wrote in a letter to Governor Newsom. “CalRecycle has long known about these problems, but it has failed to act.