Consumer advocates want California's attorney general to investigate some insurance companies

for months now, several insurance companies have stopped selling new homeowner policies in California, while others have placed restrictions on the policies they sell. The companies have cited the high cost of insuring homeowners who live in areas prone to wildfire. Real estate agents have said the difficulties in getting insurance have made home sales more difficult.

"So, we believe that constitutes price fixing. If a company is pulling out of a market that they’re profiting well in, and they’re doing it in concert with other companies to jack up premiums, isn’t that price fixing?” Court asked.

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Consumer group seeks California attorney general probe of home insurer “collusion” in market pullbackConsumer Watchdog urged the California Attorney General on Tuesday to investigate alleged insurance industry “collusion” in limiting home and auto coverage in the state, which an indust…
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Consumer group accuses California insurance companies of 'price fixing,' calls for investigationConsumer Watchdog says it has a whistleblower willing to speak with the California attorney general about industry meetings he attended.
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