State Insurance Commissioner, Advocacy Group Reverse Opposition To Wildfire Bill Following Amendments

By Jeff McDonald, SAN DIEGO UNION-TRIBUNE

August 21, 2020

https://www.sandiegouniontribune.com/news/watchdog/story/2020-08-21/sta…

California Insurance Commissioner Ricardo Lara and the Los Angeles advocacy group Consumer Watchdog issued separate statements Friday announcing they no longer opposed a wildfire-insurance bill.

Homeowners’ Insurance In Wildfire Areas: Industry, Consumer Groups Battle Over Rate Boost

By Kathleen Pender, SAN FRANCISCO CHRONICLE

August 8, 2020

https://www.sfchronicle.com/business/networth/article/Homeowners-insura…

Nearing the end of their legislative session and the beginning of wildfire season, state lawmakers are pushing through an industry-backed homeowners' insurance bill despite fierce opposition from consumer groups and California Insurance Commissioner Ricardo Lara.

KGO AM SF, CA: Debate On Homeowners' Insurance Bill AB 2167

By Michael Finney, KGO AM SF, CA

July 18, 2020

Click here to listen to the audio of this radio broadcast segment.

Host Michael Finney mediates a debate between Consumer Watchdog's Harvey Rosenfield and Rex Frazier of the Personal Insurance Federation of California about the details of bill AB 2167 to change the homeowners' insurance market in the state of California. 

Consumer Advocate Hits Out At Insurers' Senate Funding As Major Bill Looms

By Lyle Adriano, INSURANCE BUSINESS AMERICA

July 8, 2020

https://www.insurancebusinessmag.com/us/news/breaking-news/consumer-adv…

Consumer Watchdog has warned that members of the California State Senate have taken $2,353,000 in campaign contributions from both insurance companies and insurance industry trade associations in the last two election cycles.

Insurance Industry Gives CA Senators $2.35 Million To Win Right To Raise Homeowners' Rates

Sacramento, CA – Members of the California State Senate have taken $2,353,000 in campaign contributions from insurance companies and insurance industry trade associations in the last two election cycles, according to data reported to the California Secretary of State. Of that total, $1.1 million was given to the thirteen Senators who sit on the Insurance Committee that will soon vote on the insurance industry’s top priority in Sacramento this year.

Sneak Insurance Industry Power Play In Sacramento Threatens To Jack Up Home Insurance Rates In Violation of Voter-Enacted Insurance Rate Regulation

Los Angeles, CA – Consumer Watchdog warned today that homeowners could pay billions more for their home insurance under a sneak insurance industry legislative attack on California’s effective rate regulation under the cover of the corona virus and police abuse crises.

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 Industry Pushes Legislation to Increase Homeowners Insurance Rates, Derail Public Protections Against Price Gouging, in Guise of Wildfire Response

Los Angeles, CA — While the rest of the state is sheltering at home, lobbyists for the insurance industry are busy promoting legislation, scheduled for a hearing tomorrow, that would allow them to boost insurance rates on homeowners and renters.