Insurance

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...

Insurance Industry Fails to Win Backroom Bailout in CA Legislature

Consumer Watchdog Calls for Open Debate and Disclosure of Secret Proposals As Insurer Focus Shifts to Insurance Commissioner Lara Sacramento, CA -- The insurance industry’s attempt to pass a secret, last-minute...

Garamendi, Nader, and SD Union Tribune Add Voices Against 11th Hour Insurance Bailout Legislation, Consumer Watchdog Urges Vigilance Until Monday Deadline

Sacramento, CA -- As public opposition mounts to the still-secret, back-room insurance bailout deal in Sacramento, Consumer Watchdog urged vigilance until the Monday, September 11, deadline for new legislation to...

Consumer and Environmental Groups Locked Out of Secret Wildfire Insurance Deal Oppose 11th Hour Insurance Industry Bailout

Sacramento, CA --  Fourteen consumer, environmental, economic justice organizations and consumer advocate Ralph Nader said that public interest groups have been intentionally excluded from backroom negotiations with the insurance industry...

Consumer Watchdog Urges Attorney General Bonta to Investigate Industry Collusion on Homeowner Insurance Shortages

Consumer Watchdog Urges Attorney General Bonta to Investigate Industry Collusion on Homeowner Insurance Shortages  "Insurers collected more than $150 billion in premiums from California homeowners over the last 25 years...

Insurance Lobbyist Caught On Tape Bragging And Joking About End of Legislative Session “Surprise” To Jam Consumers For Bailout

Sacramento, CA -- A 17 year veteran insurance industry lobbyist, Michael Gunning, now chief strategy officer for Lighthouse Public Affairs, was taped on a Southwest flight bragging and joking...

Insurance Companies Seek Massive Bailout & Deregulation Scheme In Sacramento

Sacramento, CA -- Insurance companies are seeking a multi-billion dollar bailout of the insurance industry for its exposure to wildfire losses, pushing for a last-minute deal at the end of the legislative session.  The...

California Should Build A Public Model to Predict Wildfire Risk, Protect Homeowners from Insurance Price-Gouging, Consumer Watchdog Tells Insurance Commissioner

Secret Black Box Climate Models are Prohibited by Proposition 103 Los Angeles, CA – At a Department of Insurance hearing today, the non-profit organization Consumer Watchdog will propose that California build...

Allstate’s $16M Homeowners Rate Hike Approved Despite Company Secretly Ending Sales of New Home Insurance in California 

Los Angeles, CA -- Insurance Commissioner Ricardo Lara yesterday approved a 4%, $16 million, rate hike on Allstate home insurance policyholders, despite the fact that the company misled regulators...

Insurance Commissioner Lara Must Use Prop 103 Authority to Reverse State Farm’s Pullback 

Los Angeles, CA -- State Farm’s announcement on Friday that it would immediately stop selling homeowners insurance to new customers in California is unlawful under Proposition 103, and appears...

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