Insurance

State Weighs ‘Pay As You Drive’ Insurance

July 12, 2008  ·  Consumer Watchdog

Would you cut back on driving if your insurance company charged by the mile, and maybe by the way you handle your ride?<br/> <br/> Some state lawmakers and regulators are betting many Californians will.<br/> <br/> Insurance Commissioner Steve...

Allstate Must Slash Homeowner Rates

July 11, 2008  ·  Consumer Watchdog

Allstate Insurance Corp., the state's third-largest home insurer, was ordered yesterday to slash its homeowner's rates by 28.5 percent in one of the deepest rate cuts ever required by the state Department of Insurance.<br/> <br/> The rate...

Allstate to Slash Homeowner Insurance Rates 28.5%

July 10, 2008  ·  Consumer Watchdog

<strong>The state-ordered reduction will save more than 850,000 customers about $250 each.</strong> <p> SACRAMENTO, CA -- The rate reduction, to be announced this morning in Los Angeles by state Insurance Commissioner Steve Poizner, marks...</p>

Million dollar slap on the wrist becomes a wink and a nod

July 7, 2008  ·  Consumer Watchdog

<p> 2 years ago California regulators <a href="http://www.consumerwatchdog.org/patients/articles/?storyId=21245">fined Blue Cross</a> of California $1 million for cancelling insurance policies when patients got sick. Or at least that's what...</p>

Calif to Seek Fines Against Blue Cross, Shield

July 7, 2008  ·  Consumer Watchdog

LOS ANGELES, CA -- California health insurance regulators are scrutinizing 1,770 patient policies canceled by Anthem Blue Cross to see if they can impose a penalty stiffer than a $1 million fine they announced but never enforced last year.<br/> ...

Privacy threat of insurance bill far from ‘nonsense’

July 3, 2008  ·  Consumer Watchdog

<p> <a href="http://www.consumerwatchdog.org/insurance/articles/?storyId=21156"> “Silly,” “extravagant,”</a> a <a href="http://www.consumerwatchdog.org/insurance/articles/?storyId=21193">“phantom issue,” and “nonsensical.”</a><br /> <br /> That’s what Assemblyman Jared Huffman had to say about consumer and privacy advocates’ concerns... </p>

Calif Didn’t Try to Collect Anthem Blue Cross Fine

July 3, 2008  ·  Consumer Watchdog

Los Angeles, CA -- California regulators admitted Thursday that for more than a year they didn't even try to enforce a million-dollar fine against health insurer Anthem Blue Cross because they knew they would be outgunned in court.<br/> <br/> In...

Insurer to Cut Rates for Homeowner Coverage

July 2, 2008  ·  Consumer Watchdog

<strong>Californians with Fireman's Fund will be paying 17.9% less</strong><br/> <br/> California customers of Fireman's Fund Insurance Co. can expect to save an average of $505 on their annual homeowner's coverage as part of 17.9% rate...

Honesty Can Cost In Auto Policies

June 30, 2008  ·  Consumer Watchdog

Will Californians lie to save money? <p> Apparently. </p> <p> New legislation takes aim at an honor system, of sorts, perhaps one of the few remaining in which millions of dollars are at stake. </p> <p> The measure targets a...</p>

“Pay-As-You-Drive” Workshop Comments To California Department of Insurance

June 30, 2008  ·  Consumer Watchdog

<p> Download here comments submitted to the Department of Insurance regarding a June 23, 2008 workshop to discuss implementation of "Pay-as-you-drive" insurance in California... </p>

AB 2800: Big Brother Snooping Around Your Car?

June 30, 2008  ·  Consumer Watchdog

<p> Jared Huffman is generally a good Assemblyman. I mean, he's no Shiela Kuehl or anything, but overall a solid legislator.  Which is why I'm surprised that we're seeing AB 2800, a bill which would allow insurance companies to use...</p>

Bill Aims to Cut Driving, Insurance Rates

June 27, 2008  ·  Consumer Watchdog

<strong>Huffman Legislation Would Tie Fewer Miles to Lower Premiums; Opponents Cite Privacy Concerns</strong><br/> <br/> California motorists should be entitled to save money on car insurance -- while they help the environment -- by driving...