Corporate Accountability

CFC exposes unfair business practices and fights for justice in the marketplace in the face of big business efforts to maximize profits at the consumer's expense.

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National General Insurance/Wells Fargo: California Consumer Group Files Petition to Reject Auto Insurance Rate, Investigate Fraud and Collusion

August 8, 2017

The Consumer Federation of California (CFC) filed a petition today with the California Department of Insurance (CDI) opposing an application by National General Insurance for a 6.9% increase in premiums for certain vehicle policies. Acting under Proposition 103, the CFC asked CDI to investigate National General’s automobile…

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CFC supports AB 814, which empowers city attorneys to go after corporate wrongdoing

June 26, 2017

CFC supports AB 814 (Bloom), which gives city attorneys the power to efficiently investigate and enforce laws that protect us against corporate wrongdoing. The Wells Fargo fraudulent account scandal was initially investigated by Los Angeles City Attorney Mike Feuer. The investigations were impeded by the inability to…

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CFC supports equal protection for private student loan holders (SB 16)

June 26, 2017

If a borrower defaults on a private student loan, a creditor can garnish up to 25% of that borrower’s income. If a borrower defaults on a federal student loan, the maximum garnishment is 15%. SB 16 (Wieckowski) will ensure that the maximum garnishment is the same for…

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CFC supports SB 66, which closes tax loophole for corporate misbehavior

June 26, 2017

SB 66 (Wieckowski) will close a tax loophole that allows corporations to write off punitive damages paid out when they violate the law. Courts inflict punitive damages when violations are especially egregious, and California should end this corporate welfare that alleviates consequences for bad behavior. 6/20/17 letter…

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CFC is proud to sponsor SB 648, which brings accountability to private referral agencies

April 25, 2017

SB 648 (Mendoza) would ensure that seniors and their families are protected from unscrupulous elder care referral agencies that put profit ahead of the seniors’ best interests or health care needs. Despite unanimous consent for this bill in 2016, the governor vetoed SB 648, stating that there…

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California Senate Oks CFC sponsored SB 313 to make it easy to cancel automatic renewals

April 20, 2017

“It should be as easy to cancel a subscription as it is to sign up for it,” said Richard Holober, Executive Director of the Consumer Federation of California.

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CFC seeks amendments to SB 71 to protect homeowners from solar scams

April 19, 2017

SB 71 (Wiener) will require the installation of solar electric or solar thermal systems on most new residential and commercial construction in California starting in 2018. CFC supports clean energy and wants solar to succeed, but holds deep concern for how the costs will be financed. We…

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