Insurance Rate Public Justification and Accountability Act News

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 …

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 …