Proposition 103 News

Insurer Group Hammers Claim that California Prop 103 Saved Drivers Billions

The insurance industry is taking exception to a new report commemorating the 30th anniversary of one of California’s primary auto insurance laws that claims the law has saved drivers billions of dollars. The Consumer Federation of America reported on Wednesday …

Insurers Question California Commissioner’s Authority to Make Comp Writers Report Federal Tax Savings

The insurance industry is wondering whether a new requirement from California Insurance Commissioner Dave Jones that workers’ compensation insurers report federal income tax savings is legal. Jones wants insurers licensed to write workers’ comp in California to report the tax …

U.S. Supreme Rules Against Insurer’s Appeal Challenging Profits in Rate Setting

The U.S. Supreme Court on Tuesday declined to hear Mercury Insurance Co.’s appeal to overturn a February 2017 California Court of Appeal ruling that held Insurance Commissioner Dave Jones’ 2013 order requiring the insurer to reduce its homeowner insurance rates …

California-based Law Firm Representing Insurers Takes ‘Solution-Oriented’ Approach

It’s no coincidence that the word “solutions” is included in the name of a new law firm representing insurers that recently launched in California. Woods Group Solutions, headquartered in Sonoma, Calif., began operations on Jan. 1 with a focus on …

California Commissioner Sums up Trump Battle, High on Cannabis Insurance

It’s David vs. Goliath. That about sums up California Insurance Commissioner Dave Jones’ feelings on his efforts to keep the remnants of Obamacare up and running in his state while President Trump does his best to repeal and replace it. …

California Court Denies Review of Insurer Challenge to Commissioner’s Advertising Decision

The California Supreme Court this week rejected a petition for review by Mercury Insurance and a coalition of insurance industry groups in a case that pitted them against California Insurance Commissioner Dave Jones. The California Department of Insurance hailed the …

California Commissioner Asks Consumer Watchdog to Retract News Release

California Commissioner Dave Jones on Wednesday asked Consumer Watchdog to retract a news release about State Farm that he said “includes inaccurate statements and is misleading.” The Consumer Watchdog news release issued on Tuesday was picked up by media outlets, …

California Administrative Law Judge Orders State Farm to Refund $85M

An administrative law judge at the California Department of Insurance found that State Farm overcharged customers $85 million and ordered the carrier to issue refunds and reduce rates. The judge determined that since July 15, 2015, State Farm’s premiums for …

California Watchdog Group Wants State Farm to Reduce Rates by 40%

Consumer Watchdog filed a petition in California challenging State Farm’s proposed rates for its homeowners insurance and wants the insurers to cut its rates by as much as 40 percent. The Santa Monica, Calif.-based consumer group said insurer will be …

California Consumer Group Seeks Enforcement Action Against Geico

The Consumer Federation of California is alleging that Geico Insurance Co. illegally quotes higher minimum automobile coverage levels than permitted under state law to unmarried, lower or moderate-income motorists The allegations were made in a petition filed Thursday with the …