Insurance

Auto Insurance Rate Hike for Low Income Drivers Withdrawn

July 30, 2020  ·  Greer Levin

Los Angeles, CA — A proposed overall 3.8% rate hike on drivers insured under California’s Low Cost Auto Insurance Program has been withdrawn after Consumer Watchdog...

Insurance Industry Gives CA Senators $2.35 Million To Win Right To Raise Homeowners’ Rates

July 7, 2020  ·  Carmen Balber

Sacramento, CA – Members of the California State Senate have taken $2,353,000 in campaign contributions from insurance companies and insurance industry trade associations in the last...

Consumer Watchdog Urges Insurance Commissioner to Freeze Auto Insurance Rates for Low Income Drivers

June 16, 2020  ·  Pam Pressley

Los Angeles, CA — Consumer Watchdog has asked the Insurance Commissioner to block proposed hikes in the price of auto insurance sold to low income motorists...

Sneak Insurance Industry Power Play In Sacramento Threatens To Jack Up Home Insurance Rates In Violation of Voter-Enacted Insurance Rate Regulation

June 8, 2020  ·  Jamie Court

Los Angeles, CA – Consumer Watchdog warned today that homeowners could pay billions more for their home insurance under a sneak insurance industry legislative attack...

Assembly Insurance Committee Approves Bills to Let Insurers Raise Homeowners’ Rates By Skirting Price-Gouging Protections

May 8, 2020  ·  Harvey Rosenfield

Sacramento, CA –  The Assembly Insurance Committee voted today to allow insurance companies to raise rates on homeowners and renters in violation of voter-approved Proposition 103.  The...

Insurance Industry Pushes Legislation to Increase Homeowners Insurance Rates, Derail Public Protections Against Price Gouging, in Guise of Wildfire Response

May 6, 2020  ·  Harvey Rosenfield

Los Angeles, CA — While the rest of the state is sheltering at home, lobbyists for the insurance industry are busy promoting legislation, scheduled for...

State Insurance Commissioner Ricardo Lara Should Stop All Auto Insurance Rate Increases During Pandemic, Says Consumer Watchdog

April 23, 2020  ·  Harvey Rosenfield

Los Angeles, CA – Consumer Watchdog today called on Insurance Commissioner Ricardo Lara to suspend all increases in auto insurance rates through September 1, or...

KTTV FOX TV-11 LA: Consumer Watchdog Argues Premiums Must be Refunded to Those Impacted by COVID-19

April 14, 2020  ·  Julia Skrovan

KNBC Los Angeles: Consumer Watchdog Urges Car Insurance Industry to Step Up Amidst COVID-19 Pandemic

April 8, 2020  ·  Julia Skrovan

Transamerica Settles Lawsuit Concerning Increases in “Cost of Insurance” Charges

April 7, 2020  ·  Harvey Rosenfield

Los Angeles, CA – Transamerica Life Insurance Company has agreed to settle a class action lawsuit brought on behalf of policyholders across the United States...

Commissioner Lara Should Reject Farmers’ Auto Insurance Rate Hikes and Stop Surcharges Aimed At COVID-19 First Responders and Emergency Workers, Says Consumer Watchdog

March 31, 2020  ·  Daniel Sternberg

Los Angeles, CA – Insurance Commissioner Ricardo Lara should reject Farmers Insurance Group’s proposed 6.5–6.9% auto insurance rate increases and its 3-tiered rating system based...

Insurance Lobbyists Launch Propaganda Campaign to Protect Their Ability To Overcharge Poor & Minority Drivers

March 10, 2020  ·  Carmen Balber

Sacramento, CA — The American Property Casualty Insurance Association (APCIA) has launched a deceptive website, at www.protectourdiscounts.org, and advertising campaign to protect insurers’ ability to...