Los Angeles, CA -- Homeowners who were dropped by their insurance company and confronted with massive rate hikes spoke out at an Assembly Insurance Committee oversight hearing of Insurance...
Los Angeles, CA -- Insurance Commissioner Ricardo Lara today proposed a multi-billion dollar policyholder bailout of the insurance industry for its exposure to wildfire losses at the FAIR Plan. Commissioner Lara’s proposal...
Los Angeles, CA -- Consumer Watchdog called on the Department of Insurance to stop erecting roadblocks to public oversight and confirm the organization’s eligibility to challenge excessive insurance rates and...
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...
Los Angeles, CA – Documents obtained under the Public Records Act and Prop 103 reveal details of the secret proposal to bail out the insurance industry that Commissioner Lara and...
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...
Secret Black Box Climate Models are Prohibited by Proposition 103
Los Angeles, CA – At a Department of Insurance hearing today, the non-profit organization Consumer Watchdog will propose that California build...
Los Angeles, CA -- State Farm’s announcement on Friday that it would immediately stop selling homeowners insurance to new customers in California is unlawful under Proposition 103, and appears...
