Doctors Save $2.8 Million After Challenge to Malpractice Insurance Rate Hike
Los Angeles, CA – In response to Consumer Watchdog’s challenge to Medical Insurance Exchange of California’s (“MIEC”) proposed rate increase on doctors’ and medical providers’ medical malpractice insurance, MIEC has agreed to cut the average overall rates it...
Insurance Department Must Protect Public’s Right to Scrutinize Insurance Rate Increases Consumer Watchdog Says in Letter to Commissioner Lara After Abrupt Approval of GEICO...
Los Angeles, CA – The California Department of Insurance has approved a $268 million increase in auto insurance premiums for GEICO customers without following the public participation requirements of Proposition 103. Overall, the 6.9% rate hike will impact 2.1 million...
Consumer Watchdog Calls on Insurance Commissioner Lara to Reject Allstate’s Job-Based Insurance Rate Discrimination, Adopt Regulations to Stop the Practice Industrywide
Los Angeles, CA – Insurance Commissioner Ricardo Lara should reject Allstate’s proposed $165 million auto insurance rate hike and its two-tiered job- and education-based discriminatory rating system, wrote Consumer Watchdog in a letter sent to the Commissioner today....
Consumer Watchdog Challenges $268 Million GEICO Auto Insurance Rate Hike & Job- and Education-Based Insurance Rate Discrimination
Los Angeles, CA – Insurance Commissioner Ricardo Lara should reject GEICO’s proposed $268 million auto insurance rate hike and its job- and education-based discriminatory rating system, wrote Consumer Watchdog in a petition filed with the California Department of...
Consumer Watchdog Challenges $202 Million Auto Club Insurance Rate Increase & Job-Based Insurance Rate Discrimination
Los Angeles, CA – Insurance Commissioner Ricardo Lara should reject the Interinsurance Exchange of the Automobile Club’s (“Auto Club”) proposed $202 million auto insurance rate hike and its job- and education-based discriminatory rating system under which working-class Californians...
Consumer Watchdog Calls on Insurance Commissioner Lara to Reject Mercury’s Job-Based Insurance Rate Discrimination
Los Angeles, CA – Insurance Commissioner Ricardo Lara should reject Mercury Insurance Company’s proposed $131 million auto insurance rate hike and its job- and education-based discriminatory rating system under which working-class Californians pay up to 20% higher premiums,...
Proposed Regulation to Require Discounts for Wildfire Mitigation Measures Must Also Regulate Scores Secretly Used to Deny Home Insurance, Consumer Groups Urge Insurance Commissioner
Los Angeles, CA – Consumer groups said a regulation proposed by California Insurance Commissioner Ricardo Lara to require discounts for homeowners who take home-hardening steps to reduce their risk of damage from wildfires must also apply to insurance companies'...
Auto Insurance Rate Hike for Low Income Drivers Withdrawn
Los Angeles, CA -- A proposed overall 3.8% rate hike on drivers insured under California’s Low Cost Auto Insurance Program has been withdrawn after Consumer Watchdog submitted comments urging the proposal be rejected or deferred. Instead, premium refunds will...
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