December 15, 2016
Location Inc. announced that the California Department of Insurance has approved its predictive crime analytics for rate filing, making it the 12th state the firm has received approval for rate filings. Location Inc. analytics collect raw data reported from local …
December 14, 2016
Mountain View, Calif.-based startup Hippo today announced it has closed a $14 million Series A round. The funding was led by Horizons Ventures, which invests in disruptive technology and startups. It was joined by RPM Ventures, Propel Venture Partners, GGV …
December 12, 2016
Update: This story has been updated with a response from Wells Fargo. Insurance Commissioner Dave Jones today directed the California Department of Insurance to launch an investigation into allegations made by former employees of Prudential Insurance Co. that Wells Fargo …
December 2, 2016
California Insurance Commissioner Dave Jones issued new Auto Collision Repair Labor Rate Survey Regulations that he said will increase consumer protections when a damaged vehicle is repaired. The California Department of Insurance over the last several years has worked on …
November 16, 2016
Two people from California were arrested on a scheme allegedly involving the reported theft of an expensive classic car. Constantine Petros, 54, of Petaluma, was arrested on Oct. 19 in Sonoma County. Also arrested was Christopher Hatton, 60, of Tahoma, …
November 15, 2016
Former operators of a Southern California sober-living operation have been charged with fraud for allegedly keeping hundreds of people in what the state insurance commissioner calls a “never-ending cycle of treatment, addiction and fraud.” The Insurance Department announced the arrests …
October 20, 2016
Max Messervy took a decidedly positive tack when pried again and again to reveal any negative reaction to a report he puts together every so often. Messervy, the insurance program manager at sustainability leadership advocate Ceres, is one of the …
October 19, 2016
California Insurance Commissioner Dave Jones issued a decision regarding the Workers’ Compensation Rating Bureau’s Jan. 1, 2017 regulatory filing submitted to the California Department of Insurance in June. Jones approved all the changes to the Standard Classification System proposed by …
September 21, 2016
Martin McCloskey, 69, of Piñon Hills, Calif., pleaded guilty this week to three felony counts of grand theft and theft of fiduciary funds after defrauding his customers by failing to remit to insurance companies more than $58,000 in premiums he …
September 2, 2016
California Insurance Commissioner Dave Jones has appointed Ken Allen as deputy commissioner of the rate regulation branch for the California Department of Insurance. Allen will fill the vacancy left by Joel Laucher, who was appointed chief deputy insurance commissioner in …