A California state appeals court has upheld a state regulators’ refusal to approve the sale of a California insurance company to a French-owned company. The decision upheld Insurance Commissioner Dave Jones’ actions on behalf of the policyholders of failed insurer …
Opening statements are expected this week in the trial of two brothers accused of carrying out the killing of a blind and mentally disabled man as part of an insurance scam in Baltimore. Jury selection has already begun in the …
Los Angeles-based Mercury Insurance is hiring 63 full-time property claims employees in its California, Texas, New Jersey and New York offices to support its growing customer base. Mercury’s homeowners business has increased by more than 10 percent since the beginning …
A U.S. tourist detained in the presumed death of his travel companion on the Caribbean island of Aruba had an insurance policy that covered the missing woman, a prosecutor said Wednesday. Gary Giordano mentioned the travel insurance during questioning, but …
California Insurance Commissioner Dave Jones yesterday issued the following statement in regard to the downgrade by Standard & Poor’s (S&P) of the credit rating of certain insurers from AAA to AA+ associated with the S&P downgrading of the U.S. credit …
A report compiled by David Rider of Neptune Maritime Security points out that, despite the “best efforts of the world’s navies and EU NAVFOR in particular, pirate attacks continue in the area off the Horn of Africa- Somalia, the Indian …
Kathleen Kerstenbeck was presented the San Diego Insurance Woman of the Year award at the greater San Diego I-Day. Kertsenbeck is employed as an account executive at CMR Risk & Insurance Services in San Diego. She is the current regional …
A dispute between New Hampshire regulators and a nonprofit group over how it manages health insurance risk pools for public workers and retirees is headed for a state hearing. The state Bureau of Securities Regulation released its final report Tuesday …
California Insurance Commissioner Dave Jones announced today that since he took office in January, insurance companies and other investors have made $23.6 million in investments in under-served communities. Commissioner Jones sent a letter in February to insurance company CEOs encouraging …
A Burien, Wash., auto glass company owner has been sentenced to jail for a billing scheme that’s believed to have cost insurers more than $1.5 million, reports the state insurance commissioner. Michael Alan Perkins, 44, pleaded guilty to three counts …
