Insurers Fail To Rip-off Homeowners

The legislative session is over. I am happy to report that the bad guys didn’t win.

Insurance companies were not able to pass legislation in Sacramento allowing them to raise rates on homeowners in fire zones in violation of strict premium regulation created by voter-approved Prop 103. Thanks to your support, the State Senate refused to pass a dangerous insurance industry-backed bill by Assembly member Tom Daly.

Insurance Commissioner to Investigate Key Wildfire Insurance Issues Under Legislation Headed to Senate Floor

Sacramento, CA -- California Insurance Commissioner Ricardo Lara would investigate and develop solutions to ensure affordable, accessible insurance for homeowners in wildfire areas and report back to the legislature, under amendments to AB 2167 adopted by the Senate Appropriations Committee yesterday. The bill asks the Commissioner to study the models insurance companies use to set home and renters insurance rates, strategies to address problems in the insurance markets, and the price and pass-through of “reinsurance” expenses. The bill now heads for a vote by the full Senate.

California State Legislators Use Coronavirus As An Excuse To Hijack Democratic Process

The following was originally published as an op-ed commentary in the SACRAMENTO BEE on August 11, 2020: https://www.sacbee.com/opinion/article244870462.html

Three democratic procedures safeguard Californians against hasty and dangerous actions by the California State Legislature:

▪ Every bill gets a legislative hearing.

▪ Committee staff provides an impartial analysis of each bill.

▪ Members of the public are heard. 

Op-Ed Commentary: California State Legislators Use Coronavirus As An Excuse To Hijack Democratic Process

By Harvey Rosenfield, SPECIAL TO THE SACRAMENTO BEE

August 11, 2020

https://www.sacbee.com/opinion/article244870462.html

Three democratic procedures safeguard Californians against hasty and dangerous actions by the California State Legislature:

▪ Every bill gets a legislative hearing.

▪ Committee staff provides an impartial analysis of each bill.

▪ Members of the public are heard. 

National Insurance Expert Warns CA Bill to Deregulate Homeowner Insurance Will Hike Rates 40% In First Year; Senate Vote Tomorrow

Los Angeles, CA -- A national insurance expert and actuary has warned California lawmakers that AB 2167, scheduled for a vote in the Senate Insurance Committee on Tuesday, would raise homeowners’ insurance rates by 40% in the first year it takes effect and make it harder for Californians to find coverage.

Legislators Scheming With Insurance Companies To Raise Rates

(The following was originally published as an op-ed commentary in the Mercury News.)

With Californians in COVID lockdown, industry lobbyists are working to overturn voter-approved consumer protections

August 2, 2020

State lawmakers are preparing a gift for you: a massive increase in the premiums you pay to insure your home and property.

Op-Ed: Legislators Scheming With Insurance Companies To Raise Rates

With Californians in COVID lockdown, industry lobbyists are working to overturn voter-approved consumer protections

Op-Ed Commentary by Harvey Rosenfield

August 2, 2020

https://www.mercurynews.com/2020/08/02/opinion-legislators-scheming-wit…

State lawmakers are preparing a gift for you: a massive increase in the premiums you pay to insure your home and property.