#insurance-reform

#insurance-reform

Business owners who have successfully defended defamation claims in court have said the constant threat of litigation is a significant source of stress.

A leading consumer group is proposing a policyholder rights initiative that would require insurers to offer coverage to California homeowners who fireproof their homes - or lose the right to sell home or auto insurance in the state for five years. The Insurance Policyholder Bill of Rights was filed with state Atty. Gen. Rob Bonta's office last week by Consumer Watchdog, the Los Angeles advocacy group whose founder Harvey Rosenfield authored Proposition 103, the 1988 initiative that governs California insurance law.

The CEO of the California High Speed Rail Authority is optimistic about advancing rail extensions to Los Angeles and the Bay Area while developing the Central Valley segment.

The proposed rise in personal injury award levels would send premiums up for consumers, businesses, and community groups, according to the Alliance for Insurance Reform.

Many brokers now charge a fee based on a percentage of the cost of the policy. This is inherently unfair to consumers as the 'worse' the premium they secure for them, the more money they will make.

The Injuries Resolution Board has called on the Government to consider changing the law to allow it to sanction the paying of legal fees, which would avoid costly legal bills.