Consumer Watchdog yesterday filed a Petition to Intervene in an enforcement action brought by the California Department of Insurance (CDI) against Mercury Insurance Group for overcharging, misleading and discriminating against California homeowners and motorists. Mercury is the state’s 3rd largest auto insurer and 6th largest home insurer. Consumer Watchdog said its participation in the matter […]
Consumer Group Says California Insurance Department Didn’t Follow Procedure When it Approved GEICO Auto Insurance Rate Hike
In a letter, Consumer Watchdog, the non-profit consumer and taxpayer advocacy organization alleged the California Department of Insurance recent approval of a $268 million increase in auto insurance premiums for GEICO customers didn’t follow the public participation requirements of Proposition 103. Overall, the 6.9% rate hike will impact 2.1 million GEICO policyholders who face an […]