SCPIE WITHDRAWS CALIFORNIA RATE INCREASE REQUEST
<p class="source">BestWire</p>
Insurance
Insurance news, investigations, and reform — auto, home, and health insurance rates, claims denials, and industry accountability.
Governor finally holds capital fund-raiser
<h3>600 contributors pay at least $500 to attend twice-canceled event.</h3><p class="source">The Sacramento Bee</p>
<p>"He hasn't met with a single consumer group since taking office," protester Jerry Flanagan said. "And the policies he's been rolling out reflect the interests of the insurance industry executives he's in there wining and dining with."</p>
Access Denied
<font face="verdana,sans-serif" size="2">"People here tonight are
paying more for dinner with Arnold Schwarzenegger than I make in an
entire year as a disabled worker on workers compensation," Jodi Greggs
of Sacramento said...</font>
Sky-Boxing with Arnold
<font face="verdana,sans-serif" size="2">ArnoldWatch was understandably
disappointed when the Lakers refused us a jumbo-tron advertisement at
Staples Center for last Friday's basketball game -- where donors paid
at least $10,000 per...</font>
Insurer may stay on legal hot seat
<p class="source">Copley News Service</p>
<p>"State insurance regulators don't consistently hear about these kinds of cases, but when we start seeing lawsuits and settlements, it indicates there is a deeper problem and regulators should investigate," said Doug Heller, a spokesman for FTCR.</p>
Arnold Takes Huge Contribution from Company That Wants Business With State
<font face="verdana,sans-serif" size="2">Arnold has reported a $50,000
contribution from ACS State and Local Solutions, Inc. The Texas firm
provides information technology support and outsourced labor to
governments throughout the...</font>
Insurance rates face scrutiny
<h3>ZIP codes often determine how much drivers pay</h3><p class="source">The San Francisco Chronicle</p>
<p>Consumer groups are seeking to tighten a loophole in a state regulation that allows car insurers to charge higher rates to customers based on where they live instead of how they drive.</p>
Insurance based on ZIP code irks drivers
<h3>'It's insurance company larceny. We're being penalized because of where we live.'</h3><p class="source">The Oakland Tribune</p>
<p>Consumer groups want Insurance Commissioner John Garamendi to adopt a petition filed in May that would make insurance companies give less weight to ZIP codes and more to a person's driving record when setting premiums.</p>
Advocates seek reforms on insurance
<p class="source">Contra Costa Times</p>
<p>Harvey Rosenfeld said insurance companies are circumventing Prop 103, the insurance reform measure he authored. He stood on the "right" side of Broadway at the corner of 41st St. on Thursday morning to show how ZIP codes influence insurance rates.</p>
Sting of high insurance spurs probe;
<h3>Granholm seeks reasons for soaring home, auto rates</h3><p class="source">The Detroit News</p>
<p>Critics say its no coincidence that rates accelerated when the stock market turned down following the buoyant decade of the 1990s. During that time insurers made so much money in stock investments they weren't forced to raise rates in line with claims</p>
The Safe Way to Lower Labor Costs
<font face="verdana,sans-serif" size="2">Arnold just recorded another
$15,000 from Safeway, the supermarket, on top of $16,200 registered
five days before and another $5,000 from Safeway President Steve Burd.
That's a total of $36,200....</font>