Insurance Commissioner Dave Jones Announces New Public Advisor to Assist Consumer Groups
News: 2012 Press Release
Insurance Commissioner Dave Jones has named a new Public Advisor to assist members of the public and consumer groups with the Proposition 103 intervenor process, under which consumer groups can intervene in proceedings for insurance rate increases and decreases.
"I'm pleased to announce that I have appointed Ed Wu, an enforcement attorney and six-year veteran of the Department, as the new Public Advisor," said Commissioner Jones. "I'm hopeful that his appointment, combined with updated information about the intervenor process, will encourage additional public participation."
Along with the appointment of the new Public Advisor, Commissioner Jones directed him to reach out to consumer groups to educate them about the rate application process.
"A nationwide consumer group has found that Proposition 103 has saved California consumers more than $68 billion," said Commissioner Jones. "Consumer groups are an essential part of the process of determining the right rate for insurance companies to charge consumers. Early in Proposition 103's implementation, former Insurance Commissioner Chuck Quackenbush actively discouraged consumer groups from participating in the process. The intervention process requires significant analytical work, and I am confident California's consumer groups can help the Department of Insurance save even more money for insurance consumers."
For more information about Proposition 103, established by California voters in November 1988, or the intervenor process, please visit our Web site and select "Proposition 103 Consumer Intervenor Process."
Consumers interested in the intervenor process can reach Mr. Wu at 213-346-6635 or send an e-mail to email@example.com.
The California Department of Insurance, established in 1868, is the largest consumer protection agency in California. Insurers collect $310 billion in premiums annually in California. Since 2011 the California Department of Insurance received more than 1,000,000 calls from consumers and helped recover over $469 million in claims and premiums. Please visit the Department of Insurance website at www.insurance.ca.gov. Non-media inquiries should be directed to the Consumer Hotline at 800.927.4357. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.