News Headlines Article

Insurance industry loses fierce lobbying battle in Sacramento
Central Valley Business Times

The California State Senate Committee on Health on Wednesday approved AB 52, which grants authority to California regulators to reject what they consider excessive, inadequate, or unfairly discriminatory health insurance rate hikes. The committee on a 5-3 vote along party lines sent it on to the Senate Appropriations Committee following a fierce skirmish between lobbyists for and against the proposal.