Auto Insurance Proposition 103
The Los Angeles Times – California State Farm Car Insurance Customers To See A $264-Million Rate Increase
By Ronald D White, THE LOS ANGELES TIMES
https://www.latimes.com/business/story/2023-03-27/california-state-farm-car-insurance-customers-to-see-a-264-million-rate-increase
California drivers who use State Farm for their auto insurance coverage are facing a premium increase of $263.7 million, the largest total...
Commissioner Lara Approves Over $1 Billion in Unjustified Auto Insurance Rate HikesÂ
Insurance Commissioner Lara’s approval last week of a $263.7 million rate hike by California’s largest insurer, State Farm, marks the latest in a flurry of approvals of unjustified 2023 auto insurance rate hikes by the top 6 auto insurers, collectively totaling over $1 billion.
Insurance Department Must Protect Public’s Right to Scrutinize Insurance Rate Increases Consumer Watchdog Says in Letter to Commissioner Lara After Abrupt Approval of GEICO...
Los Angeles, CA – The California Department of Insurance has approved a $268 million increase in auto insurance premiums for GEICO customers without following the public participation requirements of Proposition...
Calls For Insurance Commissioner To Reject Allstate’s Proposed Price Hike
By Lyle Adriano, INSURANCE BUSINESS
September 23, 2022
https://www.insurancebusinessmag.com/us/news/breaking-news/calls-for-insurance-commissioner-to-reject-allstates-proposed-price-hike-421512.aspx
Consumer Watchdog has issued a public statement petitioning California Insurance Commissioner Ricardo Lara and the California Department of Insurance (CDI) to reject Allstate Insurance’s proposal...
Consumer Watchdog Calls on Insurance Commissioner Lara to Reject Allstate’s Job-Based Insurance Rate Discrimination, Adopt Regulations to Stop the Practice Industrywide
Los Angeles, CA – Insurance Commissioner Ricardo Lara should reject Allstate’s proposed $165 million auto insurance rate hike and its two-tiered job- and education-based discriminatory rating system, wrote Consumer...
Californians Need Protection Against Insurance Industry’s Use of Artificial Intelligence, Algorithms, Consumer Watchdog Will Tell Insurance Commissioner
Los Angeles, CA -- The insurance industry’s use of algorithms and Artificial Intelligence to set premiums and determine who can get insurance coverage is a serious threat to Californians...
California Moves to Curb Discriminatory Auto Insurance Pricing Using Job and Education Level That Charges Lower-Income, Non-White Drivers More
Sacramento, CA – Insurance companies’ illegal use of job and education level to price auto insurance discriminates against lower income drivers and communities of color and must end, Consumer Watchdog...
Why Loyal Customers May Be Paying More for Auto Insurance
You could be paying higher premiums than a driver with a similar car and driving history. Here's why.
By Kayda Norman, NERDWALLET
June 25, 2020
https://www.thestreet.com/personal-finance/why-loyal-customers-may-be-paying-more-auto-insurance
You expect your car insurance rates to...
Consumer Watchdog Urges Insurance Commissioner to Freeze Auto Insurance Rates for Low Income Drivers
Los Angeles, CA -- Consumer Watchdog has asked the Insurance Commissioner to block proposed hikes in the price of auto insurance sold to low income motorists in a number of...
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