An inquiry in California alleges that the company violated state laws on how policies are priced and sold, perhaps affecting thousands of customers.
Mercury Insurance Group violated state laws meant to regulate how coverage is priced and sold and, as a result, overcharged perhaps thousands of Californians for homeowner and automobile insurance, the state Department...
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Insurance
Mercury Insurance Group may face fines for overcharging
Tips To Getting Your California Car Insurance
Confuse on which California car insurance provider to pick? The State mandated drivers to secure insurance. Getting an online quote will help you find an insurance company. Pick one that meets the State’s requirement. Include Uninsured/Underinsured Motorist Bodily Injury. Read this article for more insurance information.
You can get a California car insurance quote online....
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Thousands of Anthem Blue Cross customers await decision on rate hikes
The insurer had delayed the increases till May 1 pending a review by an outside actuary appointed by the state insurance commissioner. That report is expected within two weeks.
Thousands of worried Californians who buy individual insurance policies from Anthem Blue Cross will soon learn whether they face rate increases of up to 39% that...
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Cost Of Earthquake Insurance Discourages Many Californians
SAN DIEGO — The earthquake that rattled Southern California this week was a gentle reminder that not many Californians, and not may San Diegans, have earthquake insurance. Only twelve percent of homeowners are insured.
This could spell trouble when the big one actually arrives. But there are reasons why so many people have chosen not...
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Why Most Firms Won’t Drop Employee Health Insurance
“I’ve been ‘unofficially’ told by the H.R. manager of my employer,” wrote RG from Los Angeles, “that it will be cheaper for them to take the penalty than to continue insuring us.” RG’s question — whether it was true that “many, many companies will start dumping health insurance benefits” — was one of several...
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A Beginners Guide to Buying Car Insurance
Car insurance is one of those confusing necessities in life. Television bombards consumers with commercials that promise low prices, but they don’t give many specifics.
Consumers can save money on car insurance by understanding what they really need as determined by their individual situations. Study first to understand the terms, then shop wisely.
What does Car...
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State Farm sues Texas over Web posting of its rate hike requests
AUSTIN – An unprecedented move by the Texas Department of Insurance to publicize recent rate hikes by State Farm Insurance sparked a legal challenge from the company Tuesday over what it said was confidential information.
Texas’ largest insurer filed suit against the state agency seeking to protect from disclosure certain information that State Farm said...
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More than one way to trim health coverage premiums
Skyrocketing premiums have stunned some consumers who buy their own health insurance policies. People in several corners of the country are facing increases of 20 percent or more from some insurers.
Congress has asked the largest health insurer, WellPoint Inc., to testify about rate hikes of up to 39 percent for its Anthem Blue Cross...
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Consumer group sues Anthem Blue Cross over policy changes
Consumer Watchdog says Anthem violated California’s health and safety code when it closed policies to newcomers and offered remaining customers alternative plans with fewer benefits at higher rates.
A consumer group sued Anthem Blue Cross on Monday, accusing California’s largest for-profit health insurer of violating state law by closing certain policies to new members while...
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Insurance Commissioner Calls Out Anthem
Sacramento, CA — Anthem Blue Cross is in the hot seat in Sacramento.
State Insurance Commissioner Steve Poizner is alleging that the insurance company has committed over 700 violations of California law.
“There’s evidence to suggest that there have been serious issues with the way Anthem deals with paying health insurance claims,” says Poizner. “Literally hundreds...
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