Insurance Rate Public Justification and Accountability Act News

California Voters Reelect Jones, Soundly Reject Props. 45 and 46

Californians voted against two measures opposed by the insurance industry, and reelected incumbent Insurance Commissioner Dave Jones. Election results from Tuesday show the Democrat Jones won reelection with 56.3 percent of the vote. He defeated Republican challenger Ted Gaines, who …

Consumer Watchdog Failure Could Help Auto Discount Initiative

Santa Monica, Calif.-based Consumer Watchdog’s proposed ballot measure to require health insurance companies to get approval before raising their rates narrowly missed qualifying for November’s ballot by Thursday’s deadline – Consumer Watchdog got 109 percent of the signatures necessary to …

Initiative to Expand California Prop 103 Ignites Insurance Battle

A ballot initiative to expand the scope of California’s Proposition 103 to include health insurance could also impact the auto insurance industry by challenging a long-sought-after initiative on auto insurance discounts for persistency, industry watchers say. Santa Monica, Calif.-based advocacy …