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California Insurance Commissioner Dave Jones (AP Photo/Rich Pedroncelli)

Large carriers are pouring millions into a campaign to thwart Proposition 45, a proposal backed by the California insurance commissioner that would create a powerful oversight on rate increases.

In the last week, carriers pumped another $12 million into the anti-Prop 45 campaign, raising the total spent on those efforts to $55.4 million, according to the state. The pro-45 advocacy group Consumer Watchdog Campaign — a coalition of consumer advocates, nurses, attorneys and policyholders — said opponents are concerned that their expenditures won’t sway voters on the issue.

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Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.

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