Signatures Submitted for Health Insurance Rate Initiative
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Proponents of an initiative that would give California regulators the power to regulate health insurance rates submitted 800,000 voter signatures on Friday in hopes of qualifying the measure for the November ballot.</p>
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Consumer Watchdog called the initiative a "common sense proposal" to expand provisions of Proposition 103, which regulates auto and home insurance rates. Prop 103, also backed by the Santa Monica advocacy group, was approved by voters in 1988.</p>
