Insurance Commissioner Dave Jones News

Bill to Update Holding Company Act Passes Calif. Legislature

The California State Legislature has passed Senate Bill 1448, which updates California’s Insurance Holding Company System Regulatory Act. The bill was authored by Senate Insurance Committee Chairman Ron Calderon, D-Montebello, and is sponsored by Insurance Commissioner Dave Jones. “SB 1448 …

2 Calif. Men Arrested In Insurance Fraud Scam

Authorities say two California men were arrested this week on suspicion of running an insurance fraud scam that bilked multiple companies for hundreds of thousands of dollars. Insurance Commissioner Dave Jones said Friday 48-year-old Louis Houston of Richmond and 28-year-old …

Southern Calif. Agents Nabbed In Million Dollar Ponzi Scheme

A current and a former insurance agent from Southern California have been arrested for allegedly running a million-dollar Ponzi scheme. Edwin Salazar, 34, of Downey, and Michael Zuniga, 41, of Fullerton have each been arrested on 57 felony counts for …

Appellate Court Dismisses Challenge To CDI Replacement Costs Regulation

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 …

California Department of Insurance Wants to be ‘Liked’

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 …

California Workers’ Comp Premium Grows But Claim Severity Continues to Rise

An annual report from the Workers’ Compensation Insurance Rating Bureau of California shows that for the second consecutive year statewide workers’ compensation premiums levels rose in 2011, but that continually growing costs of claims has eroded statewide underwriting results. The …

Grade Dave Jones, California Insurance Commissioner

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 …

Grade California Insurance Commissioner Dave Jones

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 …

Grade Insurance Commissioner Dave Jones

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 …

Regulation: Health Insurers Must Put More Premiums into Medical Care

The California Office of Administrative Law approved Insurance Commissioner Dave Jones’ request to make permanent an emergency regulation he issued last year that requires health insurers to put a larger share of premiums into medical care. The regulation requires health …