California Department of Insurance News

California Commissioner Explains Call for Insurer Divestment from Coal

One can say California Insurance Commissioner Dave Jones has a beef with coal. Jones made a bold move on Jan. 25 when he asked all insurance companies doing business in California to voluntarily divest from their investments in thermal coal …

13 Indictments Handed Down in Massive Workers’ Comp Fraud Scam

An investigation into what’s being called one of the largest cases of workers’ compensation health care insurance fraud in California Department of Insurance history led to 13 indictments announced today against seven Southern California-based medical professionals. This is the second …

Insurance Department Tally on California Wildfires $1B

Damage from two destructive Northern California wildfires that killed six and sent thousands fleeing their homes topped $1 billion in insured losses, according to a preliminary estimate by the state’s insurance department. The two fires started days apart in September, …

California Insurance Commissioner Calls for Insurance Divestment from Coal

California Insurance Commissioner Dave Jones on Monday asked all insurance companies doing business in California to voluntarily divest from their investments in thermal coal as part of a nationwide call to reduce carbon emissions to do battle with climate change. …

Ridesharing Dominates 2016 Western Region Headlines

Goodbye to the news year 2015, and while there will be no shortage of headline-making topics to associate with the passing year, there was one subject that dominated Insurance Journal’s Western region news stories. Care to guess? No if fair …

At Least $243M for Cleanup From 2 Massive California Fires

Cleaning up from two destructive Northern California wildfires this fall will cost at least $243 million, far exceeding the cost for other recent blazes, state officials estimated as they transferred more money from the state’s rainy day fund to help …

Nine Californians Nabbed in $24M Alleged Workers’ Comp Billing Scheme

Detectives with the California Department of Insurance arrested nine people involved in a complex scheme allegedly targeting more than 230 workers’ compensation insurers and self-insured employers. Siblings Francisco Javier Gomez, Jr., 32, and Angela Rehmann, 38, owners of G&G Interpreting …

Southern California Man Arrested for Fraud After Crashing BMW in Race

Andres Hernandez, 36, of Lakewood, Calif., allegedly totaled his BMW while racing and then provided false statements to his insurer about the location of the collision. He was paid $64,860 for the claim, and was subsequently arrested on two counts …

Insurers Get Tax Credits for Investments in Underserved California Communities

California Insurance Commissioner Dave Jones on Thursda announced $9.3 million in tax credits awarded to insurance companies and other investors that made more than $46.6 million in capital investments into California’s underserved communities through the second round of the 2015 …

California School Security Officer Arrested for Workers’ Comp Fraud

Valentino H. Douglas, 45, of Rialto, Calif., was arrested and booked into the West Valley Detention Center on multiple counts of felony insurance fraud after receiving more than $112,000 in workers’ compensation benefits for an alleged work injury that actually …