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Consumer Watchdog

Insurance

Insurance news, investigations, and reform — auto, home, and health insurance rates, claims denials, and industry accountability.
Businesses hail Prop. 64 victory;

Businesses hail Prop. 64 victory;

<h3>Opponents call it a victory for polluters and scofflaws.</h3><p class="source">Sacramento Bee</p> <p>Opponents of Proposition 64 said the initiative really benefits big businesses that were flouting the law.</p>
A Victory for Special Interests

A Victory for Special Interests

<font face="verdana,sans-serif" size="2">Arnold is claiming victory over the special interests today in the wake of results from his five main initiative campaigns. In those battles, he had $86 million on his side. It's incredible how...</font>
Lockyer launches insurance probe

Lockyer launches insurance probe

<p class="source">Contra Costa Times (California)</p> <p>Consumer watchdog Harvey Rosenfield alleges Spitzer's probe merely exposed decades of corruption that plagued the industry while government regulators and prosecutors did nothing.</p>
Political Trick or Special Interest Treat?

Political Trick or Special Interest Treat?

<font face="verdana,sans-serif" size="2">Arnold claims that he is going to "scare the special interests" during his statewide tour on Halloween. Scare them. With what? The $37 million in special interest money he has received...</font>
Malpractice Insurer Sees Little Savings in Award Caps

Malpractice Insurer Sees Little Savings in Award Caps

<p class="source">The Wall Street Journal</p> <p>"When the largest malpractice insurer in the nation tells a regulator that caps on damages don't work, every legislator, regulator and voter in the nation should listen," said FTCR's executive director, Douglas Heller.</p>
Malpractice Insurer Sees Little Savings in Award Caps

Malpractice Insurer Sees Little Savings in Award Caps

<p class="source">The Wall Street Journal</p> <p>"When the largest malpractice insurer in the nation tells a regulator that caps on damages don't work, every legislator, regulator and voter in the nation should listen," said FTCR's executive director, Douglas Heller.</p>
FIRMS CONFIDENT OF MERGER;

FIRMS CONFIDENT OF MERGER;

<h3>WELLPOINT, ANTHEM BID STILL RAISES CONCERNS</h3><p class="source">The Daily News of Los Angeles</p> <p>"Even if they win in court, every state will have to take a second look," said Jamie Court, president of the nonprofit group FTCR. "I'm not saying they won't all approve it, but this thing is far from a done deal, like they're telling investors."</p>
Medical Malpractice Smoking Gun:

Medical Malpractice Smoking Gun:

<h3>GE Medical Protective Document Reveals Caps Don't Work</h3> <p>GE Medical Protective, the nation's largest medical malpractice insurer, formally filed this document and data with the Texas Department of Insurance after the state enacted severe limits on non-economic damages for medical malpractice claims</p>
U.S. insurance scandal’s effect spreading

U.S. insurance scandal’s effect spreading

<p class="source">United Press International</p> <p>In the United States, consumer advocacy groups are pushing hard to see contingent insurance commissions or Placement Service Agreements (PSAs) eliminated, or at least more thoroughly regulated.</p>
TWICE BURNED;

TWICE BURNED;

<h3>Fire victims are finding companies canceling, or declining to renew, their homeowners insurance</h3><p class="source">The San Diego Union-Tribune</p> <p>"The biggest thing we've seen after any catastrophe is insurance companies trying to evade writing policies in the areas that were affected or trying to limit the coverage they offer," said Harvey Rosenfield, who heads FTCR in Santa Monica.</p>
Ballot Battles

Ballot Battles

<!-- excerpt --><p>Open up a ballot in the majority of states on November 2nd and you'll find a dizzying array of ballot measures. Florida voters will choose whether to cap attorneys fees and vote on a three strikes measure for doctors who commit malpractice. In Nevada, they'll consider limits on malpractice damages and whether to regulate insurance premiums. Commentator and consumer activist Jamie Court is a veteran of ballot initiative wars.</p>