Insurance

State Farm, Allstate and Insurance Lobbyists Ask Lara to Override Judge’s Decision

November 15, 2024  ·  Harvey Rosenfield

Chief Judge Says CA Insurance Regulators Flouted Consumer Protections Los Angeles, CA – The Chief Administrative Law Judge of the California Department of Insurance has...

Insurance Commissioner Finalizes Plan Allowing Secret Algorithms to Raise Home Insurance Rates; Lies About Making Insurers Sell More Coverage in Return

November 14, 2024  ·  Carmen Balber

Insurance Commissioner Ricardo Lara is not being honest with Californians about making insurance companies using secret algorithms to hike rates.

Alert: Garamendi Calls On Commissioner Lara To Step Aside

November 14, 2024  ·  Carmen Balber

Former Insurance Commissioner John Garamendi called on Insurance Commissioner Ricardo Lara to step aside if he’s unwilling to stand up to the insurance industry. In...

State Farm’s Shady Reinsurance Deal

November 8, 2024  ·  Carmen Balber

Annual reports for State Farm’s home insurance subsidiary in California suggest it’s sending profits out of state by overpaying its parent company for reinsurance. California...

Consumer Watchdog Saves Policyholders More Than $53 million with 21st Century, USAA, and Liberty Insurance Rate Hike Challenges

November 1, 2024  ·  Ben Powell

Los Angeles, CA — Consumer Watchdog recently reached settlement in three challenges to double-digit rate hikes requested by 21st Century Insurance Company for its auto policies,...

Insurance Industry Spokesman Maviglio Caught Vandalizing Car On Video; Consumer Watchdog Writes To Inform Head of Trade Group

October 7, 2024  ·  Jamie Court

Los Angeles, CA – Consumer Watchdog has written the head of the American Property Casualty Insurance Association with a video showing its Sacramento spokesperson, Steve Maviglio, vandalizing...

Lara’s New Draft Regulation Not Improved: Loopholes Still Free Insurers From Promises to Sell More Coverage; Public Calls for Model Transparency, Accountability Go Unanswered

October 2, 2024  ·  Carmen Balber

Los Angeles, CA — Consumer Watchdog said today’s amendments to Insurance Commissioner Ricardo Lara’s regulations that let insurance companies hike rates based on secret algorithms related...

Press Conference on Home Insurance Crisis and Commissioner Lara

September 17, 2024  ·  Consumer Watchdog

Homeowners Dropped by Insurers And Facing Massive Rate Hikes Speak Out;  Consumer Watchdogs Say Lara Lied About Expanding Wildfire Coverage In Exchange For Higher Rates

September 17, 2024  ·  Carmen Balber

Los Angeles, CA — Homeowners who were dropped by their insurance company and confronted with massive rate hikes spoke out at an Assembly Insurance Committee...

Homeowners Dropped by Insurers Facing Massive Rate Hikes

September 17, 2024  ·  Jamie Court

Homeowners who were dropped by their insurance company and confronted with massive rate hikes will speak out at a press conference prior to a legislative...

Consumer Watchdog Achieves Increased Transparency, Enhanced Wildfire Risk Disclosures for Consumers in Settlement with Allstate

August 22, 2024  ·  Ben Powell

Consumer Watchdog reached a settlement with Allstate and the California Department of Insurance, resolving the company’s application with the Department for a rate increase of...

Consumer Participation In Insurance Rate Review, Billions In Consumer Savings, At Risk From Commissioner Lara’s Actions

August 9, 2024  ·  Carmen Balber

Los Angeles, CA — Consumer Watchdog issued the following statement about Commissioner Lara’s action today threatening consumers’ voice in insurance rate review. “For the past two...