Insurance
Top Five Questions Insurance Commissioner Ricardo Lara Must Answer About his Wildfire Insurance Plan
Pasadena, CA – Consumer Watchdog today called on members of the Assembly Insurance Committee to make Insurance Commissioner Ricardo Lara answer five tough questions about the wildfire insurance deal he...
New Poll Shows Voters Oppose Insurance Commissioner’s Home Insurance Plan By 2 To 1; Overwhelming Support Requiring Insurers To Cover All Who Fire Proof...
A new poll finds that Insurance Commissioner Lara’s plan to allow insurance companies to increase premiums for all Californians in exchange for a promise to insure homeowners in higher...
32 California House Representatives Express Concerns About Insurance Commissioner Lara’s “Sustainable Insurance Strategy”
35 Years Ago Today Voters Approved Insurance Reform Proposition 103
Washington, DC – Thirty-two members of California’s Democratic Congressional Delegation wrote a letter to Insurance Commissioner Ricardo Lara this week expressing...
Consumer Watchdog Warns Governor, Legislative Leaders that Insurance Commissioner Lara’s Deregulation Deal with Insurers Has No Consumer Benefits
Industry and Insurance Commissioner Respond with Attack on Consumer Watchdog
Los Angeles, CA – Consumer Watchdog wrote Governor Gavin Newsom, Senate pro tem Toni Atkins and Speaker Robert Rivas to warn...
Records Show Insurance Commissioner’s Deal with Industry to Expand Wildfire Coverage is a Sham
Los Angeles, CA – Documents obtained under the Public Records Act and Prop 103 reveal details of the secret proposal to bail out the insurance industry that Commissioner Lara and...
Consumer Watchdog Challenges Recidivist Mercury Insurance for Policyholder Price-Gouging, Discrimination and Deception
Los Angeles, CA -- Consumer Watchdog today filed a Petition to Intervene in an enforcement action brought by the California Department of Insurance (CDI) against Mercury Insurance Group for overcharging,...
Climate Risk Modelers’ Financial Conflicts Should Disqualify Their Use for Insurance Rates in California
Los Angeles, CA – The top two publicly-traded companies selling black box catastrophe models to insurance companies have financial conflicts of interest that should bar their use in California to...
Lara’s Deal with Insurance Industry Does Nothing for Consumers and Does Not Address Climate Change
California Insurance Commissioner Lara’s behind-closed-doors deal will allow the insurance industry to raise home insurance premiums for 8.7 million Californians.
Consumer Watchdog Says Lara’s Undisclosed Deal Will Allow Insurance Companies to Use Algorithms And Reinsurance Costs to Hike Home Insurance Rates, Potentially Turning California...
Sacramento, CA --- Today’s announcement by Insurance Commissioner Ricardo Lara that he would allow insurance companies to use secret algorithms to set rates for homeowners’ coverage for wildfire and...
Consumer Watchdog Urges Newsom Not To Call State of Emergency On Insurance And Put Himself and Other 3% of Homeowners Over the 97% Who...
Sacramento, CA -- The leaders of Consumer Watchdog today wrote Governor Newsom to dissuade him from declaring a state of emergency on insurance that would give Insurance Commissioner Ricardo...
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