Proposed Regulation Will Raise Rates but Will Not Stop Home Insurance Companies’ Market Boycott, Says Consumer Watchdog
Los Angeles, CA – Insurance Commissioner Ricardo Lara’s proposal to let insurance companies use...
Sacramento, CA --- Today’s announcement by Insurance Commissioner Ricardo Lara that he would allow insurance companies to use secret algorithms to set rates for homeowners’ coverage for wildfire and...
By Don Thompson, ASSOCIATED PRESS
November 3, 2021
SACRAMENTO, Calif. (AP) — Consumer advocates said Tuesday that they will ask the California Supreme Court to overturn an appeals court ruling they...
By Frank Klimko, BESTWEEK
November 3, 2021
A California appeals court ruled in favor of State Farm General Insurance Co., rejecting the authority of the state insurance commissioner in ordering the...
By Bob Egelko, SAN FRANCISCO CHRONICLE
November 3, 2021
A state appeals court says California's insurance commissioner wrongly ordered State Farm to cut homeowners' rates by 7% in 2016 and should...
Los Angeles, CA – “A year ago, Consumer Watchdog and organizations representing consumers, low-income workers and communities of color petitioned Insurance Commissioner Ricardo Lara to ban the use of...