'Sure, tell me about the warranty on my '46 Buick': Roadshow [Mercury News] - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
February 20, 2022 Newswires
Share
Share
Post
Email

'Sure, tell me about the warranty on my '46 Buick': Roadshow [Mercury News]

San Jose Mercury News (CA)

Feb. 20—Q: When scammers call about an , I've been hitting the "1" and getting a live person. When they ask what car I have under the warranty, I say a '46 Buick. They hang up fast.

Cheryl Causey

A: And ....

Q: My robocalls have moved on from auto warranties to helping with my student loan. I don't have any loans.

G.W.

A: There may be help from Sacramento to hurt these annoying scammers in their pocketbooks.

State Sen. Susan Rubio (D-Baldwin Park) has introduced legislation to help those victimized by insurance scams, including illegal "We are trying to reach you about your car's extended warranty" robocalls. The legislation would help victims recover their losses from sellers of insurance not licensed by the California Department of Insurance.

SB 1040 would give the insurance commissioner the ability to order restitution to consumers from unlicensed sellers of insurance who are breaking California laws, leading to greater repayments to consumers. The Department of Insurance estimates that unlicensed activity costs Californians millions of dollars every year.

For example, Californians have paid thousands of dollars for illegally sold extended warranties from unlicensed companies, only to have claims improperly denied. Then they have to pay again for expensive repairs. Individual losses of several thousand dollars per victim can add up to massive fraud.

Under current law, the insurance commissioner can order unlicensed sellers to to pay a fine of up to $5,000 per day, but cannot order them to repay consumers for losses that they caused, such as direct premiums they misappropriated and financial losses that the consumer suffered when they believed they were otherwise covered by insurance.

Investigations by the Department of Insurance have revealed numerous instances of insurance premium theft, embezzlement, and fraud by unlicensed sellers targeting vulnerable communities, such as seniors, immigrants, and underrepresented communities.

Q: I was very disappointed to read that the San Jose City Council has near the airport. These billboards are a danger to drivers, possibly pilots, and Mt. Hamilton observations. Gary, mobilize the troops! Plug the dikes!

Mary Cahill

A: They don't need me to rally the opposition. There's already an army of it.

Q: You didn't hear it from me, but I know a guy who knows a guy whose cousin told him about a guy who intentionally puts police alerts on Waze when there are no cops around! Evidently he doesn't go overboard with the false alerts, but uses them just enough in critically dangerous locations to slow down some of the idiots.

Phil from Concord

A: And now, more guys will know guys who know guys whose cousins told them about a guy ...

___

(c)2022 the San Jose Mercury News (San Jose, Calif.)

Visit the San Jose Mercury News (San Jose, Calif.) at www.mercurynews.com

Distributed by Tribune Content Agency, LLC.

Older

Reading Eagle: Newsmakers for February 20 [Reading Eagle, Pa.]

Newer

Some legislative priority bills are working their way to completion, others are stalled [The Dominion Post, Morgantown, W.Va.]

Advisor News

  • The untapped potential of Qualified Longevity Annuity Contracts
  • NYC's fiscal outlook on downslide over budget gaps
  • Health insurance premium tax bill moving in Iowa House
  • Rising health care costs drive sharp increase in retirement anxiety
  • Health insurance premium tax bill moving in House
More Advisor News

Annuity News

  • An Application for the Trademark “GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • The forces shaping life and annuities in 2026
  • Variable annuity sales surge as market confidence remains high, Wink finds
  • New Allianz Life Annuity Offers Added Flexibility in Income Benefits
  • How to elevate annuity discussions during tax season
More Annuity News

Health/Employee Benefits News

  • 5 KEY FACTS ABOUT MEDICAID PRESCRIPTION DRUGS
  • ATTORNEY GENERAL BONTA OPPOSES TRUMP ADMINISTRATION'S PROPOSED EXPANSION OF CATASTROPHIC HEALTH INSURANCE PLANS
  • Data on Pain and Central Nervous System Reported by Researchers at National Health Insurance Service (Unintended Consequences of Expanded Magnetic Resonance Imaging Reimbursement: A Nationwide Analysis Revealing Low Clinical Efficiency): Pain and Central Nervous System
  • Studies Conducted at Harvey L. Neiman Health Policy Institute on Managed Care Recently Reported (Increasing-Yet Varying-Radiologist Workforce Attrition Across Subspecialties): Managed Care
  • Researchers at University of Pittsburgh Release New Data on Insurance (Distributed fusion R-learner of heterogeneous treatment effect using distributed medicaid data): Insurance
More Health/Employee Benefits News

Life Insurance News

  • Oaktree grabs control of Atlantic Coast Life Co. in blockbuster A-Cap deal
  • AM Best Removes From Under Review With Developing Implications and Downgrades Credit Ratings of Banner Life Insurance Company and William Penn Life Insurance Company of New York
  • The forces shaping life and annuities in 2026
  • Advantage Capital Holdings, LLC and Oaktree Sign Master Transaction Agreement
  • PHL Variable liquidation: Regulators, investors pivot legal fire to Nassau
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Press Releases

  • RFP #T02226
  • YourMedPlan Appoints Kevin Mercier as Executive Vice President of Business Development
  • ICMG Golf Event Raises $43,000 for Charity During Annual Industry Gathering
  • RFP #T25521
  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet