By John Seiler, THE ORANGE COUNTY REGISTER
November 28, 2022
https://www.ocregister.com/2022/11/26/four-statewide-offices-should-be-permanently-axed/
The nonpartisan Legislative Analyst’s Office just released a report on how the $100 billion state budget surplus just went poof! There could be a $25 billion deficit for the 2023-24 fiscal year.
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 said undermines the state's ability to order billions of dollars in insurance company refunds.
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 carrier to reduce dwelling insurance rates by 7% that could have meant refunds of $100 million.
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 not have told the company to pay $100 million in refunds to its policyholders.
By Timothy Darragh, BESTWIRE
January 29, 2020
http://news.ambest.com/newscontent.aspx?altsrc=108&refnum=223140
Mercury Insurance Co. subsidiary California Auto Insurance Co. is seeking a 5% rate hike for drivers in the state, which has a consumer group up in arms.
California Department of Insurance records show CAIC issued its request for an increase Dec. 6.
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 occupation and education to set auto insurance premiums. These unfair surcharges on lower-income and less-educated drivers drive up the cost of insurance for people who can least afford it.
Los Angeles, CA -- Farmers Insurance systematically overcharged its most loyal, longtime California customers from 2008 to 2018, according to evidence uncovered as part of an investigation ordered by the California Insurance Commissioner. Now, with a public hearing scheduled for June and facing millions of dollars in civil damages and penalties, Farmers and its affiliate, Mid-Century Insurance, are urging a Los Angeles Superior Court to stop the agency’s investigation.
Los Angeles, CA -- A state Court of Appeal in Orange County has upheld $27 million in civil penalties imposed by former Insurance Commissioner Dave Jones against Mercury Insurance Company for falsely claiming premium overcharges its agents tacked on top of its approved rates were “broker fees.”
Los Angeles, CA – California Insurance Commissioner Ricardo Lara, who has approved $292 million in auto and homeowners’ insurance rate increases since being elected, has received a “D” average from the nonprofit group Consumer Watchdog on his first four-month report card.
Los Angeles, CA — On Earth Day, California Insurance Commissioner Ricardo Lara chose “collaboration" with the insurance industry over urgent climate action. Commissioner Lara rejected a petition from 60 environmental, consumer and social justice groups that sought emergency rules to make insurers disclose the fossil fuel projects they insure. The Commissioner's refusal to act allows insurers to keep their complicity in global warming secret and puts the brakes on the forward momentum on climate built by the previous Department of Insurance, said Consumer Watchdog.
Statement of Consumer Watchdog: “Thirty days ago, Consumer Watchdog and ten other organizations petitioned Insurance Commissioner Riccardo Lara to stop insurance companies’ discrimination against low-income drivers and communities of color based on their education or occupation.
