Insurance

New State Rules on Insurance Criticized

May 1, 2008  ·  Harvey Rosenfield

<strong>An activist says the regulations will lead to higher rates. Officials say he's wrong.</strong><br/> <br/> New rules for setting rates on car, home and other insurance policies in California will result in higher premiums for businesses...

Consumer Group Warns of Higher Insurance Rates in Calif.

May 1, 2008  ·  Harvey Rosenfield

SACRAMENTO, CA -- A consumer group on Wednesday accused state Insurance Commissioner Steve Poizner of adopting emergency regulations that would lead to higher rates for auto, homeowner and most other types of insurance coverage.<br/> <br/> In a...

Corporate money is good for you!

May 1, 2008  ·  Mark Reback

<p> Governor Schwarzenegger doesn’t mind when California lawmakers take lavish trips and junkets paid for by special interests. In fact, he recommends it, especially if those lawmakers are from small towns, according to ... </p>

Insurance committee gives two to the industry

May 1, 2008  ·  Carmen Balber

<p>   <br /> Consumers could use a friend on the Assembly Insurance Committee. I testified against two bills the committee passed this morning that will cause consumers to pay more for their auto insurance and violate voter-approved Proposition 103... </p>

Allstate Ordered to Implement 15.9% Rate Cut for California Drivers

April 25, 2008  ·  Consumer Watchdog

<p> SACRAMENTO, CA -- A California Superior Court judge denied an Allstate petition to halt a state order to slice its automobile insurance rates by 15.9%, or approximately $124 per vehicle per year.<br/> <br/> Judge Peter Busch...</p>

Guns & Guts Save CA Motorists 62 Billion Bucks

April 25, 2008  ·  Harvey Rosenfield

<p> I remember now why I hired armed guards to protect the voter signatures that put insurance reform Proposition 103 on the ballot twenty years ago. ... </p>

$62 billion saved thanks to Prop 103

April 25, 2008  ·  Harvey Rosenfield

<p> I'm going to happy hour tonight, and the whole office is coming with me. It's a rare occurrence that anyone around here leaves the office before 5pm, let alone all of us at the same time. But we've got reason to celebrate... </p>

Gasoline Prices Passing $4, Setting New Records Daily

April 25, 2008  ·  Consumer Watchdog

<strong>Prices over $3 everywhere -- The question is, will we see $5? -- Gasoline now rivals Iraq as Americans' biggest worry</strong> <br/> <br/> Gasoline price records are being broken throughout California for the third consecutive week,...

California Judge Won’t Let Allstate Delay Cutting Auto Insurance Rates

April 25, 2008  ·  Consumer Watchdog

On the same day a new study dubbed California the nation's leader in holding the line on auto insurance rates, a judge in San Francisco denied Allstate's bid to delay cutting its rates an average of 15.9 percent as the insurer appeals state...

Judge Orders Allstate to Lower Auto Rates

April 24, 2008  ·  Consumer Watchdog

A San Francisco Superior Court judge on Thursday ordered Allstate Insurance to comply with a regulatory order to lower annual auto insurance rates by an average of $133 per vehicle.<br/> <br/> The ruling means that Allstate must comply with the...

A new era of campaign finance ethics?

April 22, 2008  ·  Consumer Watchdog

<p> <strong><span><span>Watchdog groups optimistic new state legislative leaders will put policy above money chase</span></span></strong> </p> <p> SACRAMENTO — As the Democrats' two incoming legislative leaders prepare to move into... </p>

Hope for Patients Who Lost Policies

April 18, 2008  ·  Consumer Watchdog

<strong>State to Review Canceled Health Insurance Policies -- The action, which affects thousands of Californians, is the boldest yet in dealing with companies' practice of rescinding coverage of sick policyholders.</strong><br/> <br/> Thousands...