Consumer Watchdog

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Consumer Watchdog

Insurance

Insurance news, investigations, and reform — auto, home, and health insurance rates, claims denials, and industry accountability.
Allstate seeks homeowners hike

Allstate seeks homeowners hike

<h3>A 22.3% raise, the firm's first since 1994, is considered by regulators.</h3><p class="source">Orange County Register</p> <p>More than 50,000 Orange County customers of Allstate Insurance will see the premiums they pay for homeowners insurance jump 22.3 percent next year if state regulators approve the insurer's request for a rate hike.</p>
WellPoint Makes a Strong Recovery

WellPoint Makes a Strong Recovery

<h3>Six years ago its prognosis was poor. Today its expansion is being cheered by investors and challenged by consumer advocates.</h3><p class="source">Los Angeles Times</p> <p>If its recent flurry of acquisitions survives regulatory scrutiny and emerges intact, WellPoint Health Networks Inc. will have the nation's third-largest enrollment among publicly traded managed-care companies, moving ahead of rival Cigna Corp.</p>
Stop Allowing Insurance Rate Hikes, State Urged

Stop Allowing Insurance Rate Hikes, State Urged

<p class="source">Los Angeles Times</p> <p>A consumer group asked state Insurance Commissioner Harry Low to stop approving insurance rate hikes, saying a moratorium is needed to prevent insurers from taking advantage of market turmoil in the wake of Sept. 11.</p>
BACKGROUND ON PRIOR APPROVAL OF INSURANCE RATE CHANGES

BACKGROUND ON PRIOR APPROVAL OF INSURANCE RATE CHANGES

<!-- excerpt --><p>One of the major reforms implemented by California voters with the passage of Proposition 103 in 1988 was the creation of a "prior approval" process for rate increases. This process requires insurers to apply for and obtain approval for rate changes from</p>
A watchdog, not lapdog

A watchdog, not lapdog

<h3>SF Chronicle Editorial</h3><p class="source">San Francisco Chronicle</p> <p>What will it take to restore respect to the scandal-tainted office of state insurance commissioner? One starting point would be curbing industry contributions that threaten to skew the race for a new insurance watchdog.</p>
INSURE FOR LESS

INSURE FOR LESS

<h3>SMART SHOPPERS CAN GET BREAKS ON AUTO POLICIES, EVEN AS RATES RISE</h3><p class="source">The Daily News of Los Angeles</p> <p>With auto insurance companies in the midst of a rate increase binge, drivers renewing coverage or buying it for the first time can save some money by implementing a simple strategy: Shop around.</p>
Bailout Watch #84 – Oct 15, 2001

Bailout Watch #84 – Oct 15, 2001

<strong>BAILOUT WATCH: Keeping an eye on the energy industry and the politicians<br/> <br/> Bailout Watch #84 - Oct 15, 2001</strong><br/> <br/> <strong>Riding the bailout escalator. </strong>First it was $2.5 billion, then it rose to $3...
EDITORIAL – On Corporate Influence

EDITORIAL – On Corporate Influence

<h3>An unbalanced justice</h3><p class="source">San Francisco Chronicle</p> <p>What began as a noble concept -- using arbitration instead of the courts to settle many disputes -- has developed into a grossly unfair commercial justice system.</p>
FOES FIGHT ON AS JUDGE OKS EDISON DEAL

FOES FIGHT ON AS JUDGE OKS EDISON DEAL

<p class="source">The Recorder</p> <p>A Los Angeles federal judge signed off on a $3.3 billion settlement between the California Public Utilities Commission and Southern California Edison Friday, angering consumer groups who called the ruling a "travesty of justice."</p>