Insurance

What’s a Piece of a 100 Million Dollar Baby Worth?

September 8, 2006  ·  Carmen Balber

<font face="verdana,sans-serif" size="2"><a href="http://leginfo.ca.gov/pub/bill/sen/sb_1451-1500/sb_1489_bill_20060906_enrolled.html">SB 1489, approved by the legislature last week</a>, would allow California's Attorney General to...</font>

Homeowners to see insurance drop;

September 6, 2006  ·  Consumer Watchdog

<h3>State pressures top companies to reduce rates; many residents will get double-digit declines in annual costs</h3><p class="source">Sacramento Bee</p> <p>"This is the opening gambit by the insurance companies. We all knew rate decreases were coming," said Doug Heller, executive director for the Foundation for Taxpayer and Consumer Rights in Santa Monica. "We have to make sure that these rates come down to a price that is fair to consumers."</p>

Reinsurance market goes high-tech to predict disasters;

September 3, 2006  ·  Consumer Watchdog

<h3>Hurricane outlooks are closely watched at such places as the Lloyd's of London insurance market building.</h3><p class="source">Sarasota Herald-Tribune (Florida)</p> <p>Doug Heller, executive director for the Foundation for Taxpayer and Consumer Rights, said the answer is even more strict government regulation over the rates insurance companies can charge. California voters took that step in 1988 when they passed Proposition 103 barring insurance companies from passing on their reinsurance costs to policy holders.</p>

Allstate Seeks Big Boost in Premiums

September 2, 2006  ·  Consumer Watchdog

<p class="source">The Los Angeles Times</p> <p>Consumer activist Doug Heller called Allstate's request an outrageous ploy in its wrangling with regulators. "In an environment where rates will come down for homeowners, a company that makes these rate hike threats will probably be rebuffed by its customers," he said.</p>

State tries to reduce title fees

August 31, 2006  ·  Consumer Watchdog

<p class="source">THE SAN FRANCISCO CHRONICLE</p> <p>"I think it's going to save a lot of people a lot of money," said Doug Heller of the Foundation for Taxpayer and Consumer Rights, who supports the proposal but was not at the meeting. "I think the insurers will fight. They'll file a lawsuit I suspect. Garamendi has a pretty good track record in terms of beating the insurers when they try to avoid reforms."</p>

Juice, Grease and Muscle Can Beat Merit

August 31, 2006  ·  Consumer Watchdog

<p class="source">The Los Angeles Times</p> <p>Jamie Court, president of the Foundation for Taxpayer and Consumer Rights, estimates the two phone companies and their employees contributed more than $1 million to lawmakers and political parties. The "cable bill" measure, which passed the Senate Wednesday night, may have gotten through the Legislature merely on its merits. But it couldn't have sailed through with such overwhelming, bipartisan support without all that nourishing juice.</p>

Checks Roll In as Laws Flow Out;

August 31, 2006  ·  Consumer Watchdog

<h3>As legislators vote on hundreds of bills before their session ends, special interests affected by the measures donate thousands of dollars.</h3><p class="source">The Los Angeles Times</p> <p>"The fundraisers are being held at the moment of maximum leverage, and lobbyists are desperate to make one final good showing," said Doug Heller, of the Foundation for Taxpayer and Consumer Rights. His group is advocating a measure on the November ballot, Proposition 89, to create a system for public financing of political campaigns. </p>

California Assembly passes bill to provide universal health care

August 28, 2006  ·  Consumer Watchdog

<p class="source">Associated Press</p> <p>Under the measure, "the billions of dollars now wasted on insurance middlemen, CEO pay, record corporate profits, overhead and advertising will be used to provide good, affordable care for all who need it," said Jerry Flanagan of the Foundation for Taxpayer and Consumer Rights, a consumer advocacy group based in Santa Monica.</p>

Insurance commissioner’s proposal to roll back service fee goes to court Wednesday

August 27, 2006  ·  Consumer Watchdog

<p class="source">The San Diego Union-Tribune</p> <p>Doug Heller, executive director of the Foundation for Taxpayer and Consumer Rights, says sky-high title and escrow fees, not rising home prices, have fueled interest in insurance reform. "This problem has been identified all around the country," Heller said. "Nowhere has it been addressed."</p>

Finally, fair car insurance rates

August 24, 2006  ·  Jamie Court

<p class="source">Marketplace Radio Program (American Public Media)</p> <p>California insurers are phasing out the practice of using ZIP codes as a major factor for calculating auto insurance premiums. Consumer advocate and commentator Jamie Court says it's about time.</p>

Governor Moves to Undercut Angelides

August 24, 2006  ·  Consumer Watchdog

<p class="source">The Los Angeles Times</p> <p>"He (Arnold) is telling everyone to 'hold your breath and trust me,' " said Doug Heller, executive director of the Foundation for Taxpayer and Consumer Rights, a Santa Monica advocacy group. "History makes me leery of believing there's any real reform contained in any of these last-minute legislative deals."</p>

CHANGE HURTS SOME DRIVERS;

August 21, 2006  ·  Consumer Watchdog

<h3>Insurance: Emphasizing Driving Records Over Zip Codes Will Cost Certain People Money, Experts Say.</h3><p class="source">The Press Enterprise (Riverside, CA)</p> <p>"If you are on the road more than the average driver, some of the savings will be less for you," said Doug Heller, executive of director of the Foundation for Taxpayer and Consumer Rights. "That is the way the rules should be." "Mileage is going to get the attention it deserves," said Mark Savage, a senior attorney at Consumers' Union in San Francisco. "Good drivers will pay less, and a good driver who drives a low number of miles will pay even less."</p>