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News Release | CALPIRG | Consumer Protection, Financial Reform

New Survey Shows Banks Still Hiding Fees from Consumers

A survey of more than 350 bank branches released today by the California Public Interest Research Group revealed that fewer than half of branches obeyed their legal duty to fully disclose fees to prospective customers, while one in four provided no fee information at all.

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Big Banks, Bigger Fees

Since Congress largely deregulated consumer deposit (checking and savings) accounts beginning in the early 1980s, the PIRGs have tracked bank deposit account fee changes and documented the banks’ long-term strategy to raise fees, invent new fees and make it harder to avoid fees. 

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News Release | CALPIRG | Safe Energy

Better Seismic Studies Needed at CA Nuclear Plants

Southern California Edison’s announcement that they will more thoroughly study seismic risks under the San Onofre nuclear power plant is long overdue. State officials have known that the site could experience larger and more frequent earthquakes than were anticipated when the plant was designed. Further study is necessary and prudent to fully understand the risks and prepare for the worst.

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Report | CALPIRG Education Fund | Safe Energy

Unacceptable Risk

American nuclear power plants are not immune to the types of natural disasters, mechanical failures, human errors, and losses of critical electric power supplies that have characterized major nuclear accidents such as the one at Fukushima Daiichi power plant in Japan. 

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Media Hit | Health Care

Washington Post: Anthem Blue Cross delays premium, co-pay hikes in Calif. for estimated $40 million savings

Anthem Blue Cross, the largest health plan in California, said Monday it will delay and reduce rate hikes that would have hit some 600,000 policyholders at an estimated cost of $40 million.

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