The California Department of Insurance issued cease and desist orders to four companies allegedly engaged in selling home warranty contracts in the state without proper authorization. Under the orders, the companies must immediately stop selling the contracts. Any company marketing …
New Mexico Attorney General Hector Balderas has retained California legal counsel on behalf of the state and filed for leave to submit an amicus curiae brief in the conservation proceedings over California Insurance Co. CIC continues to battle the imposition …
Formerly licensed insurance agent Robert Stoddard, 66, of San Clemente, Calif., was arrested this week after a California Department of Insurance investigation found he allegedly stole $1.2 million from more than 20 victims, including 14 seniors. Stoddard is being charged …
First American Title Co. has agreed to pay $1 million after a California Department of Insurance investigation alleged that one of its title marketing representatives violated state law protecting consumers from conflicts of interest that can inflate the cost of …
Anna Gabriela Garcia, also known as Anna Nuno-Garcia, 48, of Capistrano Beach, Calif., was sentenced in Orange County Superior Court in Santa Ana after pleading guilty to two felony counts of embezzlement and grand theft for collecting premium payments from …
Another 17 defendants were arraigned for their alleged involvement in an organized auto insurance fraud ring in California in which dealers reportedly purchased damaged vehicles and then filed inflated claims and even staged thefts, costing insurers a roughly $822,000 loss. …
Maricela Pantjoa Vidrio, 31, of Fairfield, Calif., and Areshma Kiran, 35, of Sacramento, Calif., were charged on multiple felony counts of insurance fraud after allegedly conspiring to misrepresent the facts following an auto collision to receive insurance payouts. An investigation …
The Workers’ Compensation Insurance Rating Bureau of California wrapped up testimony on Wednesday at a California Department of Insurance public hearing regarding the WCIRB’s Sept. 1, 2021 pure premium rate filing. The filing was submitted to the CDI in April …
New Mexico’s Attorney General has moved to intervene in a lawsuit in which the California Insurance Co.’s is fighting actions by the California Department of Insurance to block CIC’s redomestication to New Mexico. New Mexico Attorney General Hector Balderas, Jr. …
Ryan Black, 45, formerly of Fair Oaks, Calif., and Curtis Davis, 53, of Penryn, were both charged this week with three felony counts of workers’ compensation fraud after allegedly underreporting payroll and employees by more than $30 million to save …
