Tag: California Insurance Commissioner
Consumer Report Claims Insurers Overcharged California Motorists $5.5B During First Year of Pandemic
By Staff Reporters, INSURANCE JOURNAL June 29, 2021 https://www.insurancejournal.com/news/west/2021/06/29/620665.htm Most California insurance companies continued to charge pre-pandemic auto insurance rates despite a vast majority of...
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Auto Insurance Companies Overcharged California Motorists $5.5 Billion During the First Year of Pandemic, Study Shows
Los Angeles, CA — While the vast majority of Californians drove far less last year, most California insurance companies continued to charge pre-pandemic auto insurance...
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California Wildfire Victims Face Their Toughest Foe: Insurance Companies
By Dale Kasler, SACRAMENTO BEE June 21, 2021 https://www.sacbee.com/article251430658.html They held a potluck picnic on Sunnyside Road a few weeks ago. It was more like...
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California “Extreme Heat” Reinsurance Pool, Cat Model Pivot Pushed
Progressive consumer groups are already pushing back on catastrophe model recommendations. By Staff Writers, RISK MARKET NEWS June 14, 2021 https://www.riskmarketnews.com/california-extreme-heat-reinsurance-pool-cat-model-pivot-pushed/ A report issued last...
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California Insurance Commissioner’s Plan for Managing Climate Change Risks Draws Criticism
By JW August, TIMES OF SAN DIEGO June 11, 2021 California Insurance Commissioner’s Plan for Managing Climate Change Risks Draws Criticism Given a time of...
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California Insurance Commissioner’s Wildfire Working Group Embraces Insurance Industry Wish List at Expense of Consumers and Taxpayers
Los Angeles, CA — A group convened by Insurance Commissioner Ricardo Lara to investigate insurance-related climate change solutions is recommending he let insurance companies insert secret...
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California Drivers Owed More Pandemic Refunds From Insurers, State Regulator Says
By Staff Reporters, ASSOCIATED PRESS March 11, 2021 https://ktla.com/news/california/california-drivers-owed-more-pandemic-refunds-from-insurers-state-regulator-says/ Auto insurers shortchanged California drivers on refunds ordered last year as crashes dropped during the coronavirus...
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Consumer Watchdog Urges Insurance Discounts for Homeowners, Protections Against Policy Cancellations and Withdrawals in Wildfire Areas
When disaster hits, insurance companies are supposed to have your back… but their number one priority is almost always their own financial well-being. We’ve seen...
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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...
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KNBC TV-4 LA: Some Auto Insurance Companies Are Advocating for Rate Hikes
Mottek On Money: Consumer Advocates Ask CA Insurance Commissioner To Suspend Auto Insurance Hikes
By Frank Mottek, KNX 1070 AM Los Angeles, CA April 27, 2020 Click here to listen to the audio of this radio broadcast: https://omny.fm/shows/mottek-on-money/mottek-on-money-special-edition-monday-april-27th The...
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