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Calif. Commissioner Seeking Refunds for Allstate Customers
West News • May 24, 2007
California Insurance Commissioner Steve Poizner announced that he will seek refunds for Allstate customers if the Department of Insurance determines that the company's rates are excessive. ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: re: allstate exiting calif | Prop 103 | May 24, 2007, 7:00 pm |
| RE: re: allstate exiting calif | caveat emptor | May 24, 2007, 5:49 pm |
| re: allstate exiting calif | just an observation | May 24, 2007, 5:24 pm |
| Moststates | johnm | May 24, 2007, 4:54 pm |
| RE: Allstate | jim | May 24, 2007, 4:52 pm |
| Allstate | Rick | May 24, 2007, 2:00 pm |
| Allstate | Mark Steckbeck | May 24, 2007, 1:56 pm |
| Allstate | B Dickus | May 24, 2007, 1:02 pm |
| Allstate | Clark | May 24, 2007, 12:54 pm |
| Back to article | ||
Subject: RE: re: allstate exiting calif
what's interesting is california brought this on themselves by passing prop 103. They wanted to get rid of open regulation (i.e. free enterprise) and they sure did. Criticism should go to the voters, not the insurance commissioner (no, i'm no friend of Poizner but he's marginally better than garamendi anyway); they decided it was a good idea to regulate rates and put that responsibility onto the commish.