The "Farmers Insurance News-Alert" website is dedicated to providing the consumer and general public with detailed information concerning the Farmers Insurance Group. This includes fraud reports, consumer complaints, lawsuit's and other legal actions taken against this company. All information contained herein is for educational purposes only. Original sources, when known are sited.
|Saturday, August 24, 1996
Section: PART A
Insurance Firms Hedge on Resuming Sales;
Coverage: Lobbyist who claimed homeowner policies would be issued in 90 days was speaking out of turn, companies say. Consumer activist seeks antitrust inquiry.;
By: KENNETH REICH
TIMES STAFF WRITER
Three big insurance companies hedged Friday on when they will resume sales of homeowners policies, and a consumer leader asked for an antitrust inquiry in the aftermath of Thursday's legislative deal to create a state earthquake
State Farm, Allstate and Farmers insurance companies all declared in
separate statements that a top industry lobbyist in Sacramento, Dan Dunmoyer, was speaking
out of turn when he gave a flat assurance that sales would resume in 90 days.
The West Coast co-director of Consumers Union, Harry Snyder, said Friday that as an
insurance industry lobbyist, Dunmoyer must have known what he was talking about when he
promised that homeowners sales would resume. Snyder
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