Petitions Demanding Prop. 103 Hearings Filed by Van de Kamp
Atty. Gen. John K. Van de Kamp, expressing concern that Insurance Commissioner Roxani Gillespie is not moving in many cases to compel insurance companies to give rate rollbacks under Proposition 103, on Tuesday said he has filed petitions with her demanding rollback hearings for 284 of the 445 companies that are seeking exemptions.
Van de Kamp said that generally he is asking hearings for any company doing more than $20 million in business annually in California.
The demand for hearings followed similar petitions filed Monday with Gillespie by Harvey Rosenfield’s Voter Revolt organization and a Proposition 103 intervention team chaired by Conway Collis, a member of the State Board of Equalization.
Van de Kamp told a Los Angeles news conference that Gillespie’s “only visible movement (on rollbacks) has been her announcement that she will hold hearings on the applications of some seven--out of several hundred--companies that are trying to escape the rollbacks.”
Gillespie has indicated that she will call more hearings before an Aug. 23 deadline, but has not said how many.
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