May 17, 2012
State Sen. Juan Vargas, D-San Diego, has become the latest person to question intervenor fees, calling on the California Department of Insurance to review a state program that allows consumer groups to intervene in insurance rate cases. According to Vargas, …
May 9, 2012
Sied “Mike Zarrin” Zarrinsaray, 52, his wife Ronak Barazandeh, 43, the owners of United RMR Enterprises, Inc. of San Jose, were arrested for workers’ compensation insurance fraud, according to the California Department of Insurance. Also arrested was their employee, 40-year-old …
May 3, 2012
The California Court of Appeal summarily dismissed a legal challenge by the Association of California Insurance Companies and the Personal Insurance Federation of California to homeowner protection regulations adopted by the California Department of Insurance last summer. The case now …
April 26, 2012
Insurance Commissioner Dave Jones and the California Department of Insurance really want you to like them. CDI now has a Facebook page. The page was launched on Thursday, and had about a dozen “Likes” as soon as the page was …
April 13, 2012
Steve Young was somewhat upbeat when he was asked what he thought about the outcome of a long-brewing legal battle between three insurance associations and the California Department of Insurance. That upbeat attitude is because a court of appeals accepted …
March 22, 2012
The insurance industry has mixed feelings about California Insurance Commissioner Dave Jones, assessing him as average or below average in a handful of categories. In a poll conducted by Insurance Journal, industry respondents gave Jones an overall grade of “D,” …
March 6, 2012
The California Department of Insurance has served an order to show cause, a statement of charges and a notice of penalty against the New Hampshire Insurance Co. and its authorized agent for claims processing, York Risk Services Group Inc. regarding …
February 29, 2012
Insurance Commissioner Dave Jones marked his first full year in office last month by looking back on his and the California Department of Insurance’s accomplishments during 2011. Insurance Journal wants to know from those in the industry: Is Jones an …
February 28, 2012
The California Department of Insurance has settled a noncompliance action against GeoVera Insurance Co. following a 2010 investigation into consumer complaints concerning GeoVera’s underwriting practices. GeoVera will pay refunds to policyholders, in addition to a $235,000 fine, and take a …
February 28, 2012
The California Department of Insurance initiated an administrative enforcement action against two insurers – Zurich American Insurance Co. and Zurich American Insurance Co. of Illinois – for using a type of workers’ compensation insurance agreement known as a “large deductible …