California Department of Insurance News

California Earthquake Authority Proposes to Lower Rates

The California Earthquake Authority on Thursday proposed an average 8 percent decrease in rates. CEA’s Advisory Panel recommended the rate decreases, along with additional coverage options in deductibles, discounts and certain limits, to the CEA Governing Board, which next meets …

Southern California Agent That Sold Bogus Policies Sentenced

Dean Joseph Basler, 58, of Ventura, Calif. pleaded guilty to two felony counts of embezzlement associated with more than $250,000 in premiums that Basler received for homeowners insurance policies. According to the California Department of Insurance, Basler actions placed responsible …

Southern California Agent Arrested For Scamming Insurers For $1.4M

Eric Lee, 64, of Orange County, Calif., was arrested last week by the California Department of Insurance and charged with 20 felony counts, including grand theft and allegedly providing false or misleading information to an insurer during a scheme that …

Institutional Officer Nabbed In $60,000 in California Workers’ Comp Fraud Case

James Levice Davis Junious, 33, was arrested for allegedly collecting more than $60,000 in workers’ compensation benefits he was not entitled to receive. Junious was charged with five felony counts including insurance fraud and grand theft. In November 2012, Junious …

California Increases Consumer Protections for Pet Insurance

Pet insurers must disclose important information regarding their policies, standardize definitions, and provide consumers with a 30-day “free look” period, under a bill signed into law by California Gov. Jerry Brown on Tuesday. Brown signed Assembly Bill 2056, which was …

California Underground Economy Sweep Results in Fines, Citations

The California Department of Insurance on Wednesday led a statewide multi-agency sweep in which representatives visited more than 50 businesses to educate owners about their obligations to comply with insurance, licensing, workplace safety and labor laws, tax codes and regulations. …

UnitedHealth’s $173M Fine May Be Warning to P/C Insurers

A decision by California Insurance Commissioner Dave Jones to fine UnitedHealth Group $173.6 million for violations having to do with the Unfair Business Practices Act, the Unfair Insurance Practice Act and unfair claims settlements may be a wakeup call for not …

California Sweep Leads to Citations for Underground Operators

A multi-agency task force consisting of more than 100 detectives and investigators focused on curbing California’s underground economy conducted a sweep across major metropolitan areas statewide issuing more than 60 citations for various violations and six work stop-orders, according to …

Jones, Gaines to Face off for California Insurance Commissioner

It looks like incumbent Dave Jones will face off against Republican opponent Ted Gaines in the race for insurance commissioner, according to results from Tuesday’s primary election. Jones, a heavily favored Democrat, garnered 53.1 percent of the vote versus Gaines’ …

Arrests in California Fraud Ring Targeting Auto Dealers and Insurers

A four-year investigation into an organized fraud ring has uncovered a million-dollar scheme targeting high-end vehicles through auto loan and insurance fraud has led to several arrests, according to the California Department of Insurance. CDI said it executed coordinated arrest …