Proposed Changes to CA’s Insurance Rate Filing Intervenor Process

CA Insurance Commissioner Seeking Reforms to Intervenor Process

California Insurance Commissioner Ricardo Lara (D) announced he wants to make changes to the foundational insurance law approved by the state’s voters in 1988, Proposition 103, including to its intervenor process, which allows groups to participate in the rate filing process on behalf of consumers. Lara’s proposed changes would clarify how intervenors are evaluated and compensated, as well as make the process more open and accessible. (INSURANCE JOURNAL)

—Compiled by SNCJ Managing Editor KOREY CLARK

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