Insurance

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.

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...

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...

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 – 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...

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...

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...

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...

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