April 8, 2015
Licensed insurance agent Lars Hedegaard, 63, of Danville, Calif. was arrested on two felony counts of grand theft. Hedegaard was doing business as Westport &Associates Insurance Services Inc. when he allegedly issued 14 fraudulent bonds to contractors and collected $111,365 …
April 7, 2015
Magaly Morales, 51, a former life insurance agent, has been sentenced to three years and four months in state prison for stealing information from school district employees in 13 California counties. Morales last week plead guilty to forgery, identity theft …
April 6, 2015
The California Workers’ Compensation Insurance Rating Bureau on Monday submitted a July 1 pure premium rate filing to the California Department of Insurance proposing advisory rates that average $2.46 per $100 of payroll. The move follows a recommendation by the …
April 1, 2015
The California Workers’ Compensation Insurance Rating Bureau Governing Committee voted on Wednesday to authorize the WCIRB to submit a mid-year pure premium rate filing to the California Department of Insurance that’s 5 percent lower than the Jan. 1 filing. The …
March 30, 2015
Arthur Cade, 60, a licensed insurance broker-agent in California, was arrested on three felony counts of grand theft for stealing more than $100,000 from a Los Angeles Unified School District program and more than $400,000 from other programs managed by …
March 16, 2015
California Insurance Commissioner Dave Jones on Monday announced the members of the 2015-2016 Insurance Diversity Task Force, which will make recommendations to Jones on ways to increase diversity in procurement and governing boards within the insurance industry. Task Force members …
February 13, 2015
The Consumer Federation of California is alleging that Geico Insurance Co. illegally quotes higher minimum automobile coverage levels than permitted under state law to unmarried, lower or moderate-income motorists The allegations were made in a petition filed Thursday with the …
January 29, 2015
Detectives from the California Department of Insurance’s insurance fraud enforcement division arrested 15 Los Angeles area residents Thursday morning for allegedly staging auto collisions and filing more than $500,000 in fraudulent claims. Four suspects are still being sought, and an …
December 31, 2014
During the 2014 legislative session California Gov. Jerry Brown signed nine bills sponsored by the California Department of Insurance and Insurance Commissioner Dave Jones. A bill that adds protections for small businesses has already taken effect and five other consumer …
December 10, 2014
Anita Maxwell, who was featured in season four of the television reality series “Bridezillas,” has surrendered herself to the Superior Court of California in Los Angeles County on 14 felony counts associated with insurance fraud. A California Department of Insurance …