Consumer Watchdog

Providing an effective voice for American consumers in an era when special interests dominate public discourse, government and politics. Non-partisan.

Washington Examiner – California to require home insurance coverage be offered to high-risk areas

By Jack Birle, WASHINGTON EXAMINER https://www.washingtonexaminer.com/policy/energy-and-environment/3273059/california-require-home-insurance-coverage-high-risk-areas-wildfires/ California Insurance Commissioner Ricardo Lara introduced a new regulation Monday aimed at expanding coverage to areas at high risk of wildfires after insurers have limited...

KXTV-SAC (ABC) – Sacramento, CA: Home Insurance Coverage Rules

Consumer Watchdog worries homeowners will see double digit rate increases.

The Washington Post – California will force insurers to cover fire-prone areas. But rates will rise.

By Aaron Gregg, WASHINGTON POST https://www.washingtonpost.com/business/2024/12/31/california-home-insurance-wildfire-policies Insurance companies that pulled back from fire-prone areas of California in recent years will have to start covering those regions...

KMAX-SAC (CW) – Sacramento, CA: Expanding Insurance Coverage In Wildfire-Prone Areas

Consumer Watchdog is calling this a horrible policy put out by the state.

KPIX-SF (CBS) – San Francisco, CA: New Regulation Allows Insurance Companies To Pass On Cost Of Reinsurance

There will be a limit to how much of the costs they can pass along, but Consumer Watchdog estimates it could drive up the prices of insurance by 40%

Insurance Journal – California Commissioner Issues Regulation to Allow Reinsurance in Ratemaking

By INSURANCE JOURNAL https://www.insurancejournal.com/news/west/2024/12/30/806461.htm California Insurance Commissioner Ricardo Lara on Monday announced what he is calling the final step in his efforts to help the...

Los Angeles Times – State takes final step to fix California’s troubled home insurance market

By Laurence Darmiento, LOS ANGELES TIMES https://www.latimes.com/business/story/2024-12-30/california-home-insurance-sustainable-insurance-strategy-lara-reinsurance-state-farm-wildfires The state released another regulation Monday aimed at easing California’s home insurance crisis that will allow insurers to...

Associated Press – California will soon require insurers to increase home coverage in wildfire-prone areas

BY  TRÂN NGUYỄN AND STEFANIE DAZIO, ASSOCIATED PRESS https://apnews.com/article/california-increases-home-insurance-wildfires-56486f80c0f5f5e63b90db06d230f1d1# SACRAMENTO, Calif. (AP) — Insurance companies that stopped providing home coverage to hundreds of thousands of Californians in recent years as wildfires...

Newsletter

To be updated with all the latest news, press releases and special reports.

Don't miss

Lara Reinsurance Regulation To Pump Up Homeowners Rates By 40% Without Guarantees of New Wildfire Coverage, No Opportunity For Public Input

The new draft regulation proposed by Insurance Commissioner Ricardo Lara would allow insurance companies to drive up home insurance rates by 40% to 50%

Consumer Watchdog Saves California Policyholders $47 Million in United Financial Auto Insurance Rate Hikes

Los Angeles, CA --  Consumer Watchdog reached a settlement with United...

New Report Details How Companies Use Surveillance to Charge Different Prices for the Same Item

Corporations use surveillance to charge individualized prices based on a person’s data and assumptions on their eagerness to pay for an item.

Secret Algorithms to Raise Home Insurance Rates, No Requirement for New Coverage, Under Lara Regulations Issued Today 

Consumers should expect large rate hikes but not more insurance policies sold under new rules issued by Insurance Commissioner Ricardo Lara
Support Consumer Watchdog