California Insurance Commissioner Dave Jones News

Climate Activists Petition for Carriers in California to Reveal Fossil Fuel Insureds

More than 60 environmental, consumer and social justice organizations on Thursday delivered a petition to California Insurance Commissioner Ricardo Lara seeking what is believed would be the first regulations in the nation requiring insurance companies to disclose the fossil fuel …

Former California Commissioner Named Fellow at ClimateWorks Foundation

ClimateWorks Foundation has tapped former California Insurance Commissioner Dave Jones as a distinguished fellow. In his eight years as commissioner, Jones made climate risks in the insurance industry a priority, including leading the Sustainable Insurance Forum. Jones will provide input …

California Prohibits Auto Insurers From Considering Gender When Setting Prices

Consumer groups applauded the outgoing California insurance commissioner for adopting regulations to prohibit gender use in auto insurance pricing in California. Outgoing California Insurance Commissioner Dave Jones issued an order to put into effect rules which the groups say will …

California Supreme Court Upholds Commissioner’s Regulatory Actions Against PacifiCare

The California Supreme Court let stand an appeals court decision upholding California Insurance Commissioner Dave Jones’ Fair Claims Settlement Practices Regulations, paving the way for millions of dollars in fines. The decision ends years of legal wrangling over the regulations …

California Commissioner: Impact of COIN Investments Estimated to Reach $29B

California Insurance Commissioner Dave Jones on Thursday issued a report today detailing the progress of the California Organized Investment Network during his administration. COIN is a program within the California Department of Insurance that sources and structures investments for insurers …

Most Insurers to Increase Payments to California Wildfire Victims Without Itemization

California Insurance Commissioner Dave Jones said this week that most insurers were following a notice he issued requesting that residential property insurers provide at least 75 percent and up to 100 percent of contents coverage limits for wildfire victims who …

California Commissioner Pushing Insurer Fossil Fuel Divestment to The End

California Insurance Commissioner Dave Jones continues to push the fossil fuel divestment hot button right to the end of the year and his tenure as the state’s head insurance regulator. Jones this week released the most recent data on oil, …

California Hits 2 Companies with $4.3M Fine for Improperly Selling Workers’ Comp

California Insurance Commissioner Dave Jones on Wednesday imposed a $4.3 million penalty on American Labor Alliance and CompOne USA for selling workers’ compensation and liability policies to employers of farmworkers without being properly licensed with the California Department of Insurance. …

California Commissioner Wants Insurers to Waive Inventory Requirement for Wildfire Victims

California Insurance Commissioner Dave Jones is asking residential insurers to pay at least 75 percent and up to 100 percent of personal property or contents coverage in the event of a total loss without requiring policyholders to provide detailed personal …

Survey from Regulator of Largest U.S. Insurance Market Shows More Coal Divestment by Insurers

California Insurance Commissioner Dave Jones on Thursday revealed he’s had some success with his 2018 Climate Risk Carbon Initiative Coal Divestment Follow-Up Survey. Jones said the results of the survey reflect an increase in the number of insurers that divested …