Latest Insurance Releases
As Drafted, Insurance Commissioner’s Proposed Rules for Insurance Catastrophe Models Preserve Secrecy of Black Box Models
Los Angeles, CA - Consumer Watchdog issued the following statement about the proposed catastrophe modeling rules released by Insurance Commissioner Ricardo Lara today.
“Black box catastrophe models are notoriously contradictory and unreliable, which is why public review and transparency...
Study: Public Scrutiny Has Saved Californians Over $5.5 Billion on Home, Auto Insurance Since 2002, Including $885 Million at Year-End
Seeking Billions in Premium Increases, Insurance Industry Targets Law that Gives Consumers a Say in Insurance Pricing
Los Angeles, CA – Consumer Watchdog, a non-profit citizen organization, has saved state consumers $5.5 billion over the last 21 years using a...
Consumer Watchdog Saves Policyholders $884.8 Million on Year-End Insurance Rate Increases
Allstate, State Farm Also Agree to End Restrictions on Sales of New Auto Policies
Los Angeles, CA – Challenges by Consumer Watchdog to double-digit auto and homeowners insurance rate hikes requested by State Farm, Allstate, Pacific Specialty, and GEICO that...
Top Five Questions Insurance Commissioner Ricardo Lara Must Answer About his Wildfire Insurance Plan
Pasadena, CA – Consumer Watchdog today called on members of the Assembly Insurance Committee to make Insurance Commissioner Ricardo Lara answer five tough questions about the wildfire insurance deal he cut with the insurance industry, and whether it will...
New Poll Shows Voters Oppose Insurance Commissioner’s Home Insurance Plan By 2 To 1; Overwhelming Support Requiring Insurers To Cover All Who Fire Proof...
A new poll finds that Insurance Commissioner Lara’s plan to allow insurance companies to increase premiums for all Californians in exchange for a promise to insure homeowners in higher wildfire risk areas is opposed by a 2 to...
32 California House Representatives Express Concerns About Insurance Commissioner Lara’s “Sustainable Insurance Strategy”
35 Years Ago Today Voters Approved Insurance Reform Proposition 103
Washington, DC – Thirty-two members of California’s Democratic Congressional Delegation wrote a letter to Insurance Commissioner Ricardo Lara this week expressing concern that a plan he announced in September would...
Consumer Watchdog Warns Governor, Legislative Leaders that Insurance Commissioner Lara’s Deregulation Deal with Insurers Has No Consumer Benefits
Industry and Insurance Commissioner Respond with Attack on Consumer Watchdog
Los Angeles, CA – Consumer Watchdog wrote Governor Gavin Newsom, Senate pro tem Toni Atkins and Speaker Robert Rivas to warn that the deregulation deal cut by Insurance Commissioner Ricardo Lara...
Records Show Insurance Commissioner’s Deal with Industry to Expand Wildfire Coverage is a Sham
Los Angeles, CA – Documents obtained under the Public Records Act and Prop 103 reveal details of the secret proposal to bail out the insurance industry that Commissioner Lara and insurers unsuccessfully tried to jam through the Legislature during...
Consumer Watchdog Challenges Recidivist Mercury Insurance for Policyholder Price-Gouging, Discrimination and Deception
Los Angeles, CA -- Consumer Watchdog today filed a Petition to Intervene in an enforcement action brought by the California Department of Insurance (CDI) against Mercury Insurance Group for overcharging, misleading and discriminating against California homeowners and motorists.
Read...
Climate Risk Modelers’ Financial Conflicts Should Disqualify Their Use for Insurance Rates in California
Los Angeles, CA – The top two publicly-traded companies selling black box catastrophe models to insurance companies have financial conflicts of interest that should bar their use in California to set rates, Consumer Watchdog will testify at a California...
Lara’s Deal with Insurance Industry Does Nothing for Consumers and Does Not Address Climate Change
California Insurance Commissioner Lara’s behind-closed-doors deal will allow the insurance industry to raise home insurance premiums for 8.7 million Californians.
Consumer Watchdog Says Lara’s Undisclosed Deal Will Allow Insurance Companies to Use Algorithms And Reinsurance Costs to Hike Home Insurance Rates, Potentially Turning California...
Sacramento, CA --- Today’s announcement by Insurance Commissioner Ricardo Lara that he would allow insurance companies to use secret algorithms to set rates for homeowners’ coverage for wildfire and to add reinsurance costs to premiums will lead to...
Consumer Watchdog Urges Newsom Not To Call State of Emergency On Insurance And Put Himself and Other 3% of Homeowners Over the 97% Who...
Sacramento, CA -- The leaders of Consumer Watchdog today wrote Governor Newsom to dissuade him from declaring a state of emergency on insurance that would give Insurance Commissioner Ricardo Lara the power to raise homeowner rates by waiving...
Insurance Industry Fails to Win Backroom Bailout in CA Legislature
Consumer Watchdog Calls for Open Debate and Disclosure of Secret Proposals As Insurer Focus Shifts to Insurance Commissioner Lara
Sacramento, CA -- The insurance industry’s attempt to pass a secret, last-minute bailout deal failed when a legislative deadline passed Monday...
Garamendi, Nader, and SD Union Tribune Add Voices Against 11th Hour Insurance Bailout Legislation, Consumer Watchdog Urges Vigilance Until Monday Deadline
Sacramento, CA -- As public opposition mounts to the still-secret, back-room insurance bailout deal in Sacramento, Consumer Watchdog urged vigilance until the Monday, September 11, deadline for new legislation to be put in print passes.
“Until lawmakers and Insurance Commissioner...
Insurance Videos
KTVU-SF (FOX) - San Francisco, CA: Using Models To Predict Insurance Rate Hikes
02:52
KXTV-SAC (ABC) - Sacramento, CA: Proposed Insurance Changes
02:31
KBCW 44 Cable 12 - San Francisco, CA: Chevy Camaro Thefts On The Rise
02:37
ABC7 - What's California doing to address the insurance crisis?
03:09
Intervenor Report Press Conference
26:34
Consumer Alert — Insurance Attack
02:05
Spectrum News 1 (San Fernando Valley) - Los Angeles, CA: Insurance Revenue: What You Need To Know
03:46
KFMB-SD (CBS) - San Diego, CA: Insurance Rates Spiking Across The County
04:21
KTVU (FOX) - San Francisco, CA: State Farm Has Been Granted An Average Of 20% Increase In Rate Hikes
02:39
KPIX-SF (CBS) - San Francisco, CA: State Farm Home Insurance Rate Hike
01:57
Tough Qs lawmakers should be asking about Commissioner Lara’s deal with insurers
07:43
KOVR-SAC (CBS) - Sacramento, CA: Car Insurance Cost Rising
02:25
Will California protect homeowners from insurance company blackmail?
02:17
Spectrum News 1 (San Fernando Valley) - Los Angeles, CA: Fire Insurance Affordability
03:52
KGO(ABC)-San Francisco, CA: Consumer Watchdog and the Insurance Commissioner's Office Are In A Brawl
03:12
KNBC-LA (NBC) - Los Angeles, CAL: CA To Consider New Rules For Property Insurance Pricing
01:49
KPIX-SF (CBS) - San Francisco, CA: Insurance Overhaul
03:06
NBC Nightly News: Climate Change Driving Up Home Insurance
01:55
KCAL-LA - Los Angeles, CA: Insurance for High Risk Areas
03:02
KTLA-LA (CW) - Los Angeles, CA: Insurance Companies Offering Coverage In CA Fire Zones Again
00:48
KXTV-SAC (ABC) - Sacramento, CA: Changes Coming to Home Insurance Market
02:33
KCBS-LA (CBS) - Los Angeles, CA: CA Insurance Pricing Proposal
02:08
KCRA3 - Sacramento, CA: California Lawmakers to Hold Hearings on Homeowners Insurance Crisis
02:28
KTVU-SF (FOX) - San Francisco, CA: California Home Insurance Crisis
05:24
KMPH(FOX) - Fresno, CA: Insurance Industry's Focus Will Now Shift to Insurance Commissioner Lara
00:37
KPIX-SF (CBS) - San Francisco, CA: Deadline Passes for Insurance Legislation
05:17
KNTV-SF (NBC) - San Francisco, CA: Insurance Limbo
02:49
KTVU-SF (FOX) - San Francisco, CA: Insurance Bailout Deal Fails
00:28
KGO-SF (ABC) - San Francisco, CA: Insurance Legislation Efforts
03:02
KCBA (FOX) - Monterey, CA: Insurance Lobbyists and CA Lawmakers Are Trying to Strike a Deal
00:33
KTTV-LA (FOX) - Los Angeles, CA: California Home Insurance Crisis
04:47
KGO-SF, CA: Consumer Advocates Have Been Excluded From Negotiations by the Insurance Industry
02:57
KNBC - Los Angeles, CA: Car Insurance Rates Soaring
03:01
KCBA (FOX) - Monterey, CA: Insurers Are Working on a Secret Plan to Gut Current State Insurance Law
02:57
KPBS-San Diego, CA: Homeowner Insurance Companies are Leaving CA and Consumer Advocates Want Answers
02:59
KTVU(FOX) CA: Insurance Companies Coordinated an Effort to Stop Providing Homeowners Insurance in CA
00:30
ABC7 - Los Angeles, CA: How Can Insurance in California be Reformed?
03:19
KMPH-FRES (FOX) - Fresno, CA: CA Homeowners Insurance Crisis
01:53
KTVU-SF (FOX) - San Francisco, CA: Recording Reveals Potential Wildfire Bailout
00:58
KGO-SF (ABC) - San Francisco, CA: Secret Recording
02:40
KTVU-SF (FOX) - San Francisco, CA: California Insurers Want Deregulation
03:27
Insurance Lobbyist Taped Bragging About 11th Hour Legislative "Surprise" For Industry Bailout
01:04
KNBC-LA (NBC) - Los Angeles, CA: Car Insurance Rates Soaring
03:01
KFMB-SD (CBS) - San Diego, CA: Bracing for the Burn
05:17
KPIX-SF (CBS) - San Francisco, CA: Financial Risks in a Troubled insurance Market
03:52
KPBS - Los Angeles, CA: California's Homeowners Insurance Crisis is Spreading to Car Insurance
05:25
KPIX-SF (CBS) - San Francisco, CA: Farmers Insurance Limits New Policies In California
03:15
KTVU-SF (FOX) - San Francisco, CA: The Struggle to Find Homeowners Insurance
02:52
KGO-SF (ABC) - San Francisco, CA: Mileage Creep Warning
02:30
KPBS Television - San Diego, CA: Insurance Companies are Using Scare Tactics
03:03
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