CFC opposes AB 2167 – homeowner’s insurance rate hikes
CFC opposes AB 2167 (Daly) which would let homeowner’s insurance companies to raise rates by sidestepping the voter-enacted rate review standards set by the elected Insurance Commissioner. Read CFC’s letterSacramento Bee article Santa Rosa Press Democrat article Learn more and track AB 2167 through the legislature
No COVID-19 Immunity for Law-Breaking Businesses
Big business is urging the governor to suspend a host of laws protecting consumers, workers and the environment under the guise of COVID-19 financial relief. Average Californians are suffering from the effects of the pandemic but we still must obey the law. The same is true for … Read More ›
California should reframe business-oversight agency to protect consumers
San Francisco Chronicle Editorial
Nearly 4 million people have received federal Economic Stimulus Payments on prepaid cards. Many have thrown them out because they look like a scam.
Info on how to use the card and AVOID SERVICE FEES at https://www.nclc.org/images/Issue-Brief-Money-Network-EIP-Cards.pdf
22 Groups Urge CA Legislature to Protect Students’ Financial Aid During COVID-19
The Institute for College Access and Success
Editorial: California should reframe business-oversight agency to protect consumers
Full article in SF Chronicle
Create a State Consumer Financial Protection Agency
CFC and other consumer groups are urging the legislature to support the establishment of state Department of Financial Protection and Innovation to help fill the gap created by the federal Consumer Financial Protection Bureau’s abandonment of its job. Read the coalition letterSan Francisco Chronicle EditorialLos Angeles Times … Read More ›
A quarter of Americans are late on rent, mortgage payments; teleworkers fare better than most
Full article in BOBSULLIVAN.NET Consumer & Cybercrime News
White House and Congress clash over liability protections for businesses as firms cautiously weigh virus reopening plans
Full article in Washington Post here
Stabbing Us in the Back’: United Airlines Cuts Worker Hours After Taking Relief Funds ‘SLAP IN THE FACE’
Rep. Sheila Jackson Lee said this week the funds were not meant as “an economic bail-out” but “to support the hard-working men and women who are the faces of United Airlines.” Daily Beast full story here
Amazon, Whole Foods, Instacart Workers Organize a Historic Mass Strike
On May 1st, frontline workers at some of the biggest corporations in the country will lead a mass strike action, asking customers to boycott Amazon, Instacart, Whole Foods, and Target. Read full story