Insurance

Commissioner Lara Proposes Minimal Oversight, Secrecy of Black-Box Wildfire Insurance Models

Proposed Regulation Will Raise Rates but Will Not Stop Home Insurance Companies’ Market Boycott, Says Consumer Watchdog Los Angeles, CA – Insurance Commissioner Ricardo Lara’s proposal to let insurance companies use...

Watchdog Renews Call on Insurance Commissioner Lara to Mandate Insurance Companies Disclose the Fossil Fuel Projects They Insure

Lara Rejected Petition from Over 60 Groups to Require Disclosure in 2019 Los Angeles, CA - Insurance Commissioner Ricardo Lara must hold insurance companies accountable for their contributions to the climate crisis...

Consumers Who Harden Homes to Reduce Wildfire Risk Must Have a Right to Buy  Insurance, Consumer Watchdog to Testify before Little Hoover Commission

Sacramento, CA â€“ California must require insurance companies to sell home insurance to homeowners who protect their homes from wildfire in order to restore consumers’ access to affordable coverage, Consumer...

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...

Consumer Alert — Insurance Attack

https://www.youtube.com/watch?v=ISeOVaBCURE&feature=youtu.be The insurance industry is trying to do away with a law that has saved Californians billions of dollars on our car and home insurance premiums.

How Citizen Enforcement of Proposition 103 has Saved Californians $5.5 Billion – and Why the Insurance Industry Hates It

When California’s insurance regulator operated behind closed doors, the insurance companies always won. Insurance premiums soared, people were denied insurance for no legitimate reason, and insurance companies reaped windfall...

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...

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...

Top Five Questions Insurance Commissioner Ricardo Lara Must Answer About his Wildfire Insurance Plan 

Pasadena, CA â€“ 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...

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...

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