Assembly Insurance Committee Approves Bills to Let Insurers Raise Homeowners' Rates By Skirting Price-Gouging Protections

Sacramento, CA –  The Assembly Insurance Committee voted today to allow insurance companies to raise rates on homeowners and renters in violation of voter-approved Proposition 103.  The bills would force unjustified insurance rate hikes onhomeowners in the very communities devastated by wildfires that they purport to help, said Consumer Watchdog.

Insurance Commissioner Ricardo Lara Sued for Failure to Provide Public Records of Dealings With Insurance Executives in Pay-to-Play Scandal

Los Angeles, CA -- A non-profit consumer group filed a lawsuit to compel California Insurance Commissioner Ricardo Lara and the Department of Insurance to hand over records of Lara’s meetings and communications with insurance companies that used campaign contributions in an apparent attempt to influence policy decisions.

Download the lawsuit here: https://www.consumerwatchdog.org/sites/default/files/2020-02/Petition%2…

California Fires Will Result In Higher Insurance Rates For Homeowners

By David Lazarus, LOS ANGELES TIMES

October 31, 2019

https://www.latimes.com/business/story/2019-10-31/fire-insurance-david-…

Vida Hamadani was hit twice this week by the Getty fire. As a Brentwood resident, she was forced to evacuate from her house and move in with her son.

As an independent insurance broker, she’s been fielding calls from clients asking what’s going to happen to their rates.