Economist David K. Levine says: "I suspect that part of what we're seeing in the freezing up of lending markets is strategic…
Sep 26, 2008A cautionary tale as bailout fever takes hold: On January 18, 2001, as electricity deregulation sunk California into its second consecutive day…
Sep 23, 2008The National Conference of Insurance Legislators wrote to Speaker Pelosi about HR 5840 today. Here's the news release: For Immediate Release NCOIL…
Sep 19, 2008Just days before Hurricane Andrew struck Florida in 1992, an AIG executive wrote a memo (.pdf of memo) calling the impending devastation…
Sep 17, 2008Arnold dusted off his old recall election campaign theme of cleaning up Sacramento yesterday when he lambasted Senate Leader Don Perata for…
Aug 28, 2008The Sacramento Bee's Capitol columnist Dan Walters writes about Gov. Schwarzenegger today: "He's rapidly approaching buffoonery."
Aug 28, 2008When someone faxed us this letter they received, apparently from the California DMV, we thought it was a joke. "IF YOU DO…
Aug 14, 2008Mercury Insurance is holding a press conference Wednesday with California Insurance Commissioner Steve Poizner to announce rate decreases for drivers, homeowners and…
Jun 11, 2008Critics look for keys to what they deem unfair policy pricing Insurance industry watchdog Doug Heller was at a birthday party for…
Apr 8, 2008For a generation, regulation has been a dirty word in politics unless it had the prefix "de-" attached to it. I think…
Mar 24, 2008Here's good financial news for folks at a time when it seems like the economic sky is falling: Allstate has to lower…
Mar 19, 2008I went to the Los Angeles criminal courthouse yesterday where my wife was called as a witness for the prosecution of an…
Mar 12, 2008Whether or not you pay your Visa bill on time every month has nothing to do with whether or not a windstorm…
Mar 11, 2008The next time someone defends the drug industry by explaining that they would never be able to do the research needed to…
Mar 6, 2008The Low-Cost Auto Insurance program makes a low-cost auto insurance policy available to qualifying, low-income drivers in California.
Mar 5, 2008A $100,000 contribution from Mercury Insurance was just reported to one of the political committees supporting Prop 93 -- the effort to…
Jan 10, 2008When I first heard (yesterday) about Schwarzenegger's plan to tax homeowners on their insurance policies as a way to fill some of…
Jan 10, 2008For several years Mercury Insurance and lobbyists for insurance brokers have desperately tried to change California's insurance rules governing who is an…
Jan 9, 2008