Insurance

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...

Proposed Rule Moves Department of Insurance Closer to Banning Illegal Price Discrimination Against Low-Income Drivers and Communities of Color

March 2, 2020  ·  Daniel Sternberg

In comments submitted on proposed regulations Consumer Watchdog said rule could ban discrimination based on drivers’ occupation and education level; called for key amendments to...

Insurance Commissioner Ricardo Lara Sued for Failure to Provide Public Records of Dealings With Insurance Executives in Pay-to-Play Scandal

February 18, 2020  ·  Jerry Flanagan

Los Angeles, CA — A non-profit consumer group filed a lawsuit to compel California Insurance Commissioner Ricardo Lara and the Department of Insurance to hand...

Pacific Specialty Insurance Company To Cut California Homeowners And Renters Insurance Rates By Over $800,000

February 6, 2020  ·  Daniel Sternberg

Consumer Watchdog’s Challenge Using Prop 103’s Consumer Participation Process Leads To An Overall 3.1% Rate Decrease Los Angeles, CA — As a result of Consumer...

Commissioner Lara Should Reject Job & Education-Based Insurance Discrimination, Says Consumer Watchdog

January 27, 2020  ·  Carmen Balber

Los Angeles, CA – Consumer Watchdog said in a letter today that Insurance Commissioner Ricardo Lara should reject a proposed 5% auto insurance rate increase...