A bill proposed by an Illinois lawmaker this week would prohibit auto insurers from setting rates based on credit score, race and sex among other criteria, an action that the insurance industry says would drive down competition and increase rates. …
Consumer Watchdog filed a petition in California challenging State Farm’s proposed rates for its homeowners insurance and wants the insurers to cut its rates by as much as 40 percent. The Santa Monica, Calif.-based consumer group said insurer will be …
Holding automobile insurance regulation in California as an example, the Consumer Federation of America issued a report on Tuesday showing that auto insurance expenditures in America rose by 43 percent on average over the past quarter century. The report holds …
