A usually routine annual certification had been delayed by regulators, in what Consumer Watchdog charged was retaliation.
Traffic, viewed from the Basilone Road overpass, is backed up due to a multi-vehicle fatal crash on southbound I-5 at Camp Pendleton on Thursday, June 27, 2024. Consumer Watchdog, the Los Angeles group that has repeatedly challenged state Insurance Commissioner Ricardo Lara, has won its recertification effort, a decision that allows the group to collect money for its advocacy work.
But the insurance commissioner said in the approval notice, dated last Friday, that the nonprofit advocacy group failed to show how it intervenes in rate cases to help reduce the cost of premiums. “This is an area where the commissioner will expect a stronger description in the first instance of the work performed by Consumer Watchdog,” he added.California homeowners sue FAIR Plan, state’s insurer of last resort, over smoke damage coverage
“This should have been pro forma, but we are glad to move on and be able to represent consumers who face unreasonable rate hikes,” he said. “We need to be in the process to save consumers from unjustified rates and the data shows this commissioner is likely to rubber-stamp rate hikes when we are not involved.”
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