Insurance

Insurance Commissioner Next for Sen. Ed Hernandez?

San Gabriel Valley Democrat Ed Hernandez might have opened a committee to raise money for a lieutenant governor campaign in 2018, but it's more likely that the state senator runs for Insurance Commissioner. By mid-April, ten candidates had opened committees to run for lieutenant governor in 2018, five Republicans and five Democrats.
 

Anthem Overcharging Consumers Another $33 Million For Health Insurance

Anthem Blue Cross has, once again, failed to justify a rate increase on consumers, overcharging policyholders $33 million that California’s Insurance Commissioner should have the power to reject. 

Blue Shield of California Loses Its Non-Profit Tax Status

National radio host Norman Goldman and Consumer Watchdog President Jamie Court talk about how Blue Shield has finally had their "non-profit" tax status revoked in California and why other corporations like them should have their status removed as well.

http://www.consumerwatchdog.org/sites/default/files/resources/podcast_3-...

KCBS TV-2 Los Angeles - California Strips Blue Shield Of Tax-Exempt Status

Source:

KCBS TV-2

Los Angeles State officials have stripped Blue Shield of California of its tax-exempt status, an exemption the nonprofit health insurer has held since its founding in 1939. The decision could put Blue Shield on the hook for tens of millions of dollars in state taxes each year.

Mercury Insurance's String of Court Losses Continues

National radio host Norman Goldman and Consumer Watchdog President Jamie Court discuss the Sacramento Superior Court decision to reject an attack by Mercury and other insurance companies on state regulations that prevent insurance companies from making their policyholders pay for non-insurance expenses like political lobbying and sporting event sponsorships.

http://www.consumerwatchdog.org/sites/default/files/resources/podcast_1-...

Mercury Insurance Fined $27.5 Million for Charging California Consumers Illegal Auto Insurance Fees

Mercury Insurance has been ordered by the California Insurance Commissioner to pay a historic $27.5 million penalty for willfully violating Proposition 103, by charging California consumers illegal auto insurance fees between 1996 and 2006.
 

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