What Consumers Should Do to Get their Fair Claim’s Payments in the Wake of...
Washington, D.C. — The Consumer Federation of America (CFA) today warned home and business owners adversely affected by Hurricane Isaac to prepare to file a damage claim as quickly as possible. CFA...
View ArticleNational Flood Insurance Program Faces $8 Billion in Payouts With Only $4...
Washington, D.C. — The Consumer Federation of America (CFA) estimates that Hurricane Sandy could result in 200,000 thousand claims for wind damage and another 200,000 claims for flood damage. Claims...
View ArticleAfter Superstorm Sandy, State Insurance Regulators Must Protect Consumers...
Washington D.C. — Governors of nine states and the mayor of Washington D.C. moved quickly to protect consumers from high insurance deductibles associated with their wind damages claims caused by...
View ArticleWill Breezy Point’s Firefighters Who Lost Their Homes to Fire During...
Washington, D.C. —When Superstorm Sandy battered the East Coast with high winds and a massive storm surge, 111 homes in the Queens, New York neighborhood of Breezy Point were destroyed by a...
View ArticleIn Wake of Superstorm Sandy, New York Should Protect Consumers from Reduced...
Washington D.C. — In response to Governor Cuomo’s request for strategies to ensure that the State of New York is resilient in the face of future natural disasters, the Consumer Federation of America...
View ArticleExpedited Claims, More Adjusters And Online Insurance Report Card System Will...
Consumer Federation of America Applauds New York Governor Cuomo’s Initial Response to Superstorm Sandy-related Claims Washington D.C. (December 5, 2012) – In response to recommendations provided by...
View ArticleSeven Things All Homeowners Should Know About Their Homeowners Insurance...
Reviewing a homeowners’ insurance policy can be challenging, but with more insurers inserting provisions to shift risk and costs to homeowners, a careful read is more important than ever. To help with...
View ArticleSeven Things All Homeowners Should Know About Their Homeowners Insurance...
Washington, D.C. – Reviewing a homeowners’ insurance policy can be challenging, but with more insurers inserting provisions to shift risk and costs to homeowners, a careful read is more important than...
View ArticleConsumer Groups Decry FHFA Billion Dollar Force-Placed Insurance Giveaway
Washington, D.C. (February 13, 2013) — Advocates at the Consumer Federation of America, the National Consumer Law Center, the Center for Economic Justice, Consumer Watchdog, the Neighborhood Economic...
View ArticleConsumer Groups Call on Florida Insurance Commission to Stop Massive...
Washington, D.C. — At a hearing in Tallahassee today, the Consumer Federation of America (CFA) and the Center for Economic Justice (CEJ) will urge the Florida Insurance Commissioner to stop the huge...
View ArticleCFA Testimony to NY State Dept. of Financial Services on Title Insurance
Title insurance remains one of the most costly items at the closing of a real estate transaction, yet consumers poorly understand it. Title insurance assures the lender and buyer that the person...
View ArticleCFA Opposes S. 1926, Homeowner Flood Insurance Affordability Act
The Consumer Federation of America (CFA) strongly opposes passage of S. 1926, the Homeowner Flood Insurance Affordability Act. Most people would assume that a consumer group such as CFA would seek...
View ArticleFlood Insurance Bill Increases Danger for Flood Prone Communities
Washington, D.C. –The House of Representatives should defeat flood insurance legislation passed by the Senate in January, because it would have the effect of misleading tens of thousands of homeowners...
View ArticleCFA Urges Representatives to Vote no on H.R. 3370
The Consumer Federation of America urges representatives to vote against H.R 3370 Homeowner Flood Insurance Affordability Act of 2014 as amended, to be considered in the House tomorrow. The bill would...
View ArticleCONSUMER ALERT: WARNING: Your Insurance Company May Raise Your Auto and Home...
New evidence has surfaced that insurance companies are using a new technique – called “Price Optimization” (PO) – to push up prices on customers they think are unlikely to shop around for a lower auto...
View Article2013 Profits for Property/Casualty Insurers Skyrocket to $64 Billion
Washington D.C. — 2013 financial results just released for Property/Casualty Insurers in the United States show that insurers enjoyed extraordinarily high returns on the highest level of annual...
View ArticleCongress Should Enact H.R. 1799 to End Title Insurance Kickbacks
Washington, D.C. – Consumer Federation of America today called upon Congress to enact H.R. 1799, the “Fair Prices in Title Insurance Act of 2015,” which ends kickbacks for referrals of business to...
View ArticleConsumer Group Calls on NAIC to Recommend Prohibition on the Use of Price...
Washington, D.C. – The National Association of Insurance Commissioners (NAIC) must recommend that states prohibit the use of the data mining pricing practice known as Price Optimization, said the...
View ArticleConsumer Groups Applaud Rhode Island Insurance Superintendent Torti for...
Washington, D.C. – Rhode Island Insurance Superintendent Joesph Torti issued an official bulletin to insurance companies to disclose any use of so-called “price optimization” and highlighted the...
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