Insurance

Top Execs Still Living Like Kings

January 28, 2009  ·  Consumer Watchdog

<p> Over the past two years, 100,000 bank employees have lost their jobs, yet The Associated Press reported yesterday that nearly 90% of the top executives at 200 banks that received federal bailout money are still on the job. The guys who screwed up the entire financial system are the ones being bailed out; ordinary workers get pink slips. "When you deal with the same dogs, you're going to end up with the same fleas," warned Jamie Court, president of the California-based group Consumer Watchdog. </p>

Pay-As-You Drive Gaining Steam

January 28, 2009  ·  Consumer Watchdog

<p> You may qualify for auto insurance premium reduction, according to a consumer group that wants insurers to do even more when it comes to giving drivers a price break for driving less. To that end, Santa Monica-based Consumer Watchdog released a first-of-its-kind report on Tuesday that ranks the state's top 10 providers of auto insurance when it comes to providing price reductions to motorists who end up driving less than the annual miles listed on a policy. </p>

Commissioner Poizner’s cuts will weaken oversight of insurers

January 28, 2009  ·  Consumer Watchdog

As the regulator of a financial services industry that affects so many individuals and businesses directly at the pocketbook level, the public needs more, not less, oversight these days. 

Auto Insurance Report Card Released

January 27, 2009  ·  Consumer Watchdog

<p> <a href="http://abclocal.go.com/kgo/story?section=news/7_on_your_side&id=6627942">Click here to view the TV news clip of this story</a>. </p> <p> It seems simple enough. The fewer miles you drive, the less likely you are to get into an accident. Few would disagree with that. But, when it comes to giving you a discount for driving less, not all insurance companies are created equal. Carmen Balber is with Consumer Watchdog and says, "We are finding that unfortunately, California's insurance companies don't make the grade when it comes to closely tying insurance premiums to drivers' annual miles driven." </p>

Time To Clean Up Wasteful Patronage

January 18, 2009  ·  Consumer Watchdog

<p> This issue has arisen most recently with appointments to the state's Integrated Waste Management Board. Didn't know that board existed, did you? Not if you are like most of us and are largely unaware of about 300 such boards and commissions having regulatory functions in California. But, heck, who's counting? A group called Consumer Watchdog for one, and over the years it has accumulated some interesting information. </p>

Inaugural video of the new DC office

January 17, 2009  ·  Mark Reback

<p> I opened our D.C. office this week, and filmed <a href="http://www.youtube.com/watch?v=YvCw9UWb_Gs&lk=4529835-4529835-0-34934-t34Zx9VVMvat0nHTLe2DMVq4TmhCegLQ">this short video</a> of our new digs. (Actually, Mark Reback did most of... </p>

Schwarzenegger Accused Of Doing Bidding Of Big Business

January 14, 2009  ·  Consumer Watchdog

Developers have long sought to weaken CEQA, which they contend delays construction and increases costs. Developers and others in the construction industry have contributed $21.6 million to Schwarzenegger since he took office in 2003 after promising to take moneyed influence out of Sacramento. He's taken another $15 million from banks and other businesses, according to Consumer Watchdog.

PUBLIC OPTION FACTSHEET

January 13, 2009  ·  Consumer Watchdog

<p> President Barack Obama promised to offer consumers a "public option" to the private insurance market.  Giving every American the option of joining Medicare regardless of age is the best way to keep that promise. </p>

Blues’ Critics Rip Rate, Surplus Insurer: Rates Cover Rising Costs, Surplus Covers Risk

January 11, 2009  ·  Consumer Watchdog

<p> "These surplus funds are explained as being necessary to protect against insolvency, and most state laws make them tax free," said Jerry Flanagan, health policy director at California-based Consumer Watchdog. "But they've become great 'slush funds' for companies to reap profits... while patients pay more out of pocket to fund excessive surpluses. When does playing it safe become feeding at the trough?" </p>

Is Public Access TV Dead? Big cable may finally push out quirky cable.

January 8, 2009  ·  Consumer Watchdog

<p> "If the city of L.A. is going to be the only owner of public access," says Judy Dugan, research director of the group Consumer Watchdog, "it'll have rules. None of this drug talk, none of this sex talk, none of this revolution talk." </p>

Blue Shield To Restore Coverage For Dropped Californians

January 7, 2009  ·  Consumer Watchdog

<strong>In an attempt to settle investigations prompted by articles in The Times, the insurer agrees to reissue plans to almost 700 Californians and reimburse them for expenses that would have been covered.</strong><br /> Jerry Flanagan of the advocacy group Consumer Watchdog said the settlement lets Blue Shield off too easy.<br /> "This settlement does not adequately protect against future rescissions -- no admission of wrongdoing, no mandatory fines, no clarification of the legal standard" for rescissions, he said.

Allstate Gets OK To Hike Homeowner Insurance 6.9% in California

January 6, 2009  ·  Consumer Watchdog

The rate-increase proposal, which was not subject to a public hearing because it was below a 7% legal threshold, was approved after Poizner allegedly "weakened" rate-setting regulations last spring, charged Douglas Heller, executive director of Consumer Watchdog, a Santa Monica advocacy group.