Insurance Commissioner Dave Jones announced on Thursday that the California Department of Insurance recovered more than $81.3 million for consumers during 2017 through consumer complaint investigations and market conduct examinations of insurance companies. Last year the department’s consumer hotline reportedly …
In a 7-0 decision, the California Supreme Court has affirmed the authority of Insurance Commissioner Dave Jones in a legal challenge brought by the insurance industry, the California Department of Insurance announced. Rejecting the insurance industry’s arguments, the Supreme Court …
California Superior Court Judge Katherine Bacal has denied State Farm’s emergency request to stay Insurance Commissioner Dave Jones’s order directing State Farm to reduce homeowner and renter rates by 7 percent, and issue refunds totaling more than $100 million to …
A former Los Angeles County probation officer, Robyn Palmer, 29, of Long Beach, Calif. was arrested Thursday on six felony counts of insurance fraud for allegedly forging documents to illegally collect disability insurance benefits while serving probation for another insurance …
California Gov. Jerry Brown has signed Assembly Bill 553, which establishes new oversight aimed at reducing the number of insurance company insolvencies. AB 553 was authored by Assemblyman Tom Daly, D-Anaheim, and was sponsored by Insurance Commissioner Dave Jones and …
Insurance Commissioner Dave Jones signed on to a recommendation by the California Workers’ Compensation Insurance Rating Bureau of an advisory pure premium rate for July that is 10.2 percent lower than those approved on Jan. 1. Jones issued his decision …
Californians voted against two measures opposed by the insurance industry, and reelected incumbent Insurance Commissioner Dave Jones. Election results from Tuesday show the Democrat Jones won reelection with 56.3 percent of the vote. He defeated Republican challenger Ted Gaines, who …
While Insurance Commissioner Dave Jones has recommended that insurance should be required to cover the “app on, no match” period when rideshare drivers are between fares, that doesn’t seem to have ended the debate – or efforts to further regulate …
Insurance Commissioner Dave Jones on Thursday announced today a 35 percent rate reduction for lender-placed homeowner’s insurance coverage offered by QBE Insurance Corp. The rate reduction will result in an estimated $19.4 million savings to QBE policyholders, with an average …
AIG Insurance Co. will pay an estimated $25 to $30 million owed to California beneficiaries of life insurance policies, and an $11 million settlement payment. California Controller John Chiang began auditing AIG’s insurance company practices in 2008, revealing an industry-wide …
