Insurance

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

Submitted by Eddie Barrera on Mon, 01/12/2015 - 14:02

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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Attorney General Asked To Investigate Health Insurance Executives Embroiled In No-Bid Contract Scandal At Covered California, Industry’s So-Called “Independent Commission”

Submitted by Carmen Balber on Mon, 10/13/2014 - 15:02

In response to the Associated Press’s disclosure of unusual no-bid contracts between California’s insurance exchange Covered California and well-connected insurance executives, Consumer Watchdog called upon the Attorney General of California to launch an independent investigation of various contracts at the agency with industry insiders.

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California Is A Long Way From Driverless Cars, Consumer Watchdog Tells Insurance Commissioner

Submitted by John Simpson on Thu, 10/02/2014 - 15:02

Consumer Watchdog today challenged the idea that widespread use of fully autonomous or driverless cars is imminent, and urged the state Insurance Commissioner to focus on immediate consumer concerns of auto safety and privacy.

The nonpartisan, nonprofit public interest group also rejected insurance industry arguments that California Proposition 103’s consumer protections would not be necessary as vehicles become automated.

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