Prop 103 California Insurance Reform

New Bill Requires Insurance Companies to Offer and Renew Insurance Coverage for Fire-Safe Homes

Homeowners Dropped by Insurers

Insurance

Insurance news, investigations, and reform — auto, home, and health insurance rates, claims denials, and industry accountability.

Homeowners Dropped by Insurers And Facing Massive Rate Hikes Speak Out; Consumer Watchdogs Say Lara Lied About Expanding Wildfire Coverage In Exchange For Higher Rates

September 17, 2024 · Carmen Balber

Los Angeles, CA — Homeowners who were dropped by their insurance company and confronted with massive rate hikes spoke out at an Assembly Insurance Committee...

Homeowners Dropped by Insurers Facing Massive Rate Hikes

September 17, 2024 · Jamie Court

Homeowners who were dropped by their insurance company and confronted with massive rate hikes will speak out at a press conference prior to a legislative...

Consumer Watchdog Achieves Increased Transparency, Enhanced Wildfire Risk Disclosures for Consumers in Settlement with Allstate

August 22, 2024 · Ben Powell

Consumer Watchdog reached a settlement with Allstate and the California Department of Insurance, resolving the company’s application with the Department for a rate increase of...

Consumer Participation In Insurance Rate Review, Billions In Consumer Savings, At Risk From Commissioner Lara’s Actions

August 9, 2024 · Carmen Balber

Los Angeles, CA — Consumer Watchdog issued the following statement about Commissioner Lara’s action today threatening consumers’ voice in insurance rate review. “For the past two...

Insurance Commissioner Lara Certifies Consumer Watchdog’s Right To Intervene In Rate Cases

August 7, 2024 · Jamie Court

It should have been proforma, but Insurance Commissioner Ricardo Lara has finally certified Consumer Watchdog’s right to collect compensation for intervening in insurance rate cases....

Consumer Watchdog Calls for Public Hearing on State Farm’s Unprecedented Request for 4-Year, $5.2 Billion Policyholder Bailout

July 29, 2024 · Carmen Balber

Los Angeles, CA — Consumer Watchdog is asking Insurance Commissioner Lara to hold a public hearing on State Farm’s new request for a 30% increase in...

Bailout: Insurance Commissioner Would Force Homeowners to Pay for FAIR Plan Losses

July 26, 2024 · Carmen Balber

Los Angeles, CA — Insurance Commissioner Ricardo Lara today proposed a multi-billion dollar policyholder bailout of the insurance industry for its exposure to wildfire losses at the...

Insurance Journal – How California’s Homeowners Insurance Crisis Is Affecting Brokers

July 26, 2024 · Consumer Watchdog

By Don Jergler, INSURANCE JOURNAL https://www.insurancejournal.com/news/west/2024/07/23/785223.htm A growing homeowners insurance crisis for Californians is straining brokers who must work harder to get increasingly expensive and...

Consumer Watchdog Responds To Industry Attack On Its Right To Challenge Unjustified Rate Hikes; Calls On Insurance Commissioner Lara To Follow Law & Confirm Its Eligibility

July 15, 2024 · Carmen Balber

Los Angeles, CA — Consumer Watchdog called on the Department of Insurance to stop erecting roadblocks to public oversight and confirm the organization’s eligibility to challenge...