“As Insurance Commissioner, you have broad power that you are not using to prevent insurance companies from unfairly penalizing homeowners,” Consumer Watchdog Executive Director Carmen Balber wrote. “There is a way, now it is up to you to demonstrate the will.”
United States Senators Ed Markey and Richard Blumenthal have written to the National Highway Traffic Safety Administration (NHTSA) to ask if carmakers have reported the cybersecurity vulnerabilities in their Internet-connected cars and what steps NHTSA is taking to address the problem.
The largest fine issued against a car insurance company in California has been upheld by the state supreme court. As mandated by Prop 103, insurance companies must charge fair premiums and get the insurance commissioners's approval for those rates.However Mercury had been overcharging consumers by adding broker fees on top of premiums. The California supreme court has upheld the decision that Mercury must pay the $27 million fine.
California Insurance Commissioner Ricardo Lara recently told the insurance industry in a closed door meeting what he wants to give them direct access to the safety critical systems in your car that show how you brake, accelerate and steer. Consumer Watchdog's Jamie Court says this is dangerous to your safety and privacy.