Tag Archives: CFC
SB 383: Battle For Privacy In Online Purchases Falters After 2-Year Fight
CFC sponsored the bill to restore privacy protections, permitting online businesses to collect only a customer’s zip code and other limited information necessary to combat fraud or identity theft. Apple is leading the opposition; several industry lobbying organizations lined up against the bill. Senator Jackson plans to take up SB 383 for a Senate Floor vote in January 2014. Read More ›
You’ve been jacked!: On why Sacramento smartphone thefts are big money for thieves and telecoms
by Raheem F. Hosseini, Sacramento News & Review
Stealing a mobile device is the “easiest, quickest way to get your hands on several hundred bucks,” said Richard Holober, executive director of the Consumer Federation of California. Legislative fixes are meeting resistance from a powerful telecommunications industry that rakes in more than $38 billion selling smartphone-theft insurance and replacement mobile devices. Companies like AT&T and Sprint rake in “several billion dollars a year in phone-theft insurance,” said Holober. “This is an industry that pretty much owns the Legislature.” Read More ›
We Saved Consumers $125 Million On Insurance So Far In 2014
by Richard Holober, Executive Director, Consumer Federation of California
10/1/2014 Update: 2014 consumer savings rose to $148.3 million by year’s end. To recap: 1 million AIG policyholders saved $7.7 million on homeowners insurance. Infinity Insurance policyholders saved $15.5 million on auto insurance. 1.2 million Farmers policyholders saved $34 million on homeowners insurance (details below). 1.6 million … Read More ›
AB 2296 Provides Protection for Students At For-Profit Postsecondary Schools
The Consumer Federation of California is calling on state lawmakers to crack down on for-profit, private colleges that hoodwink students into programs that promise career advancement, yet deliver worthless diplomas and pile on debt that can lead to financial ruin. Read More ›