Insurance industry in California receives new approval

News on Insurance Industry

Lawmakers have given their approval to a couple of consumer protection bills for discrimination prevention. The lawmakers in California have just sent a couple of consumer protection bills to Governor Jerry Brown, which – if signed – will change the health insurance industry in the state by preventing insurers from discrimination against individuals who have pre-existing conditions, and placing a limit on the amount that they will be able to charge older people. These bills are meant to change the laws in California in order to have them match federal…

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California insurance group battling rates under attack

California Insurance News

Consumer Watchdog has been facing criticisms regarding its latest steps. A consumer group that has backed a recent California insurance initiative and has saved residents of the state from millions of dollars in fees is now facing a new wave of fire from both Democratic and Republican lawmakers and political consultants. Critics have pointed out that Consumer Watchdog has been profiting from the new regulation. Moreover, it has also found that the special California insurance regulation is, essentially, dominated by the advocacy group. The consultants are arguing that the organization…

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California lawmakers renovate workplace injury coverage

Insurance industry risks - Banana Peel Survey

A new bill has been approved to give the system in the state a complete overhaul. Lawmakers in California have announced their latest insurance news by sharing that they have approved a bill that has the support of both labor groups and businesses, in order to give an overhaul to the coverage system in the state for employees injured on the job. This bill received tremendous bipartisan support in the state’s Democrat dominated legislature. The bill received its approval just in time for the completion of this year’s session, boosting…

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