Consumer Watchdog says this new rule is not the answer. Companies have multiple loopholes they can use to not increase the amount of coverage they are offering in california.
Consumer Watchdog says the regulations are seriously flawed. There is no legally binding commitment in this document that they have to cover more people but we're all going to be paying more.
Safeco, a branch of liberty mutual, California's fourth largest home insurance company, has filed papers with the California department of insurance that it will stop selling condo policies. It comes just days after Farmers, the…