Why Did California Bills To Hold Insurance Companies Accountable Fail?

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7 On Your Side investigates why numerous bills aimed at holding insurance companies accountable failed and the money trail behind the votes. The analysis found a clear discrepancy between passed and failed bills: money and the interests of insurance companies.

7 On Your Side is digging into why California bills that aimed to hold insurance companies accountable failed and the money trail behind the votes.The deadline for Governor Gavin Newsom to sign a record number of bills before the end of session has passed. 7 On Your Side is digging into why numerous bills that aimed to hold insurance companies accountable failed and the money trail behind the votes.

"My rates went up 1,000%," said Bruce Breslow, a California consumer who was dropped by Farmers Insurance. "Our insurer of 20 years dropped us!""They're not coming back! State Farm has said it does not need to insure one more policy holder," said Jamie Court, President of Consumer Watchdog. The state's emergency provider saw a 22% increase in policies last year alone and has more than doubled since its inception in 2019.It's no secret the problem is getting worse. The question is, what are the people we elected doing about it?7 On Your Side investigates tracked at least 32 insurance-related bills that were discussed in the Assembly and Senate Insurance committees this legislative session.

"Additionally, insurers are particularly concerned about the potential scope of the disclosures and any additional burden on their business model," said Alison Adley, a representative with Personal Insurance Federation of California. from finance, insurance, and real estate industries since elected to the state legislature in 2006. That's the most out of any of her colleagues serving on the Senate Insurance Committee, according to our analysis of data compiled by nonprofit watchdog group Follow the Money."I vote what's in the best interests of people in my district. And I've always represented an agricultural, rural farm worker community.

 

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