Insurance

California Scheming;

May 20, 2002  ·  Consumer Watchdog

<h3>Internal documents describe the amazing, code-named ways that ENRON rigged the state's energy prices</h3><p class="source">Time Magazine</p> <p>Many Golden State residents, including Governor Gray Davis, believed that traders had manipulated the complex rules for maximum profit regardless of the effect on consumers. And now they have evidence.</p>

Insurers’ Use of Data Probed

May 16, 2002  ·  Consumer Watchdog

<h3>Michigan Looks at Role of Credit Records in Rate-Setting</h3><p class="source">The Wall Street Journal</p> <p>Insurance companies already are under fire for using information from consumers' credit records to set rates. Now some wonder whether those practices violate federal credit-reporting laws.</p>

ENRON’S SMOKING GUN

May 12, 2002  ·  Consumer Watchdog

<p class="source">The Buffalo News</p> <p>If federal law doesn't afford the justice system an opportunity to throw some Enron executives into a 6-by-8-foot cell with stainless steel plumbing, then the law desperately needs updating.</p>

Rising home and auto insurance rates squeeze state consumers

May 12, 2002  ·  Consumer Watchdog

<p class="source">Associated Press</p> <p>After several years of steady or even declining insurance costs, Californians now face rate increases that could cost them hundred of dollars a year for car and homeowners coverage.</p>

Insurers’ credit scoring rankles

May 12, 2002  ·  Consumer Watchdog

<p class="source">The San Francisco Chronicle</p> <p>Although California law severely limits the use of credit scores in insurance, many companies use them to deny homeowners policies, and some use them to determine payment plans on auto insurance.</p>

Rising home and auto insurance rates squeeze state consumers

May 9, 2002  ·  Consumer Watchdog

<p class="source">Associated Press</p> <p>After several years of steady or even declining insurance costs, Californians now face rate increases that could cost them hundred of dollars a year for car and homeowners coverage.</p>

Serve Interests of All in Power Politics

May 7, 2002  ·  Consumer Watchdog

<p class="source">The Los Angeles Times</p> <p>In arguing for regulated electricity for small consumers and a deregulated system for big business, Bill Ahern and Michael McCauley get it half right...</p>

ALLSTATE TO RAISE HOMEOWNERS RATES IN CALIF. BY 18.5%

May 6, 2002  ·  Consumer Watchdog

<p class="source">BestWire</p> <p>Allstate, the third-largest homeowners writer in the state, had originally asked to raise rates by 22.3%, but the insurance department only allowed the 18.5% increase.</p>

QUAKE APPEAL SHUT OUT; SUPREME COURT REFUSES TO HEAR INSURER

April 30, 2002  ·  Consumer Watchdog

<p class="source">The Daily News of Los Angeles</p> <p>The U.S. Supreme Court refused to hear a challenge to a California law that entitled Northridge Earthquake victims to reopen insurance claims years later.</p>

City Hall watchdog slapped with suit; Government watchdog faces cross-complaint

April 23, 2002  ·  Consumer Watchdog

<p class="source">Pasadena Star-News</p> <p>He sued City Hall to force officials to put a voter-approved anti-corruption ballot measure on the books, and now the city is suing back.</p>

Healthy Profits Don’t Equal Good Health

April 18, 2002  ·  Consumer Watchdog

<p class="source">Los Angeles Times</p> <p>If the California Public Employees' Retirement System--the Goliath of buyers--can get stepped on, then without new controls the little guys--small businesses and individual purchasers--will be crushed.</p>

Healthy Profits Don’t Equal Good Health

April 18, 2002  ·  Consumer Watchdog

<h3>Without state oversight, insurers can raise premiums to cover bad investments.</h3> <p>The announcement by the nation's second-largest purchaser of health insurance that it expects to pay an average 25% more in premiums next year should sound an alarm bell in Sacramento that following the money in the health care system is as important as d</p>