California Insurance Commissioner Dave Jones News

New Insurance Rules for California Ridesharing in Effect Today

A new law requiring that ridesharing drivers and companies have liability insurance coverage during all three periods in which they use the ride-sharing application goes into effect today. The rules are in effect under Assembly Bill 2293, which was signed …

Court Upholds California Broker’s License Revocation for Sexual Misconduct

The Court of Appeal upheld a decision by California Insurance Commissioner Dave Jones to revoke the broker-agent license of Wellman Dale Shew, 55, of Fresno. When the California Department of Insurance learned that Shew had two misdemeanor convictions in California …

First Major California Insurer to Offer Ridesharing Endorsement

Farmers will become the first large California insurer to start offering a ridesharing insurance product on Thursday. In an announcement made at the Los Angeles office of California Department of Insurance today, California Insurance Commissioner Dave Jones and Farmers Group …

California Man Pleads Guilty to Setting Car Ablaze to Cash in on Insurance

Richard Peters, 36, of Lakeside, Calif., pleaded guilty to one felony count of insurance fraud after being arrested last week by the San Diego Urban Auto Insurance Fraud Task Force on suspicion that he set fire to his vehicle in …

California Department of Insurance Approves CEA Rate Reduction

California Insurance Commissioner Dave Jones approved a statewide rate reduction of 10 percent for earthquake insurance policies issued by the California Earthquake Authority. The reduction is effective Jan. 1, 2016. Jones also approved additional CEA coverage options for consumers, including …

Video Ads Next Big Thing in Ridesharing?

James Bellefeuille is an Uber driver for a living, though he admits that what he earns is not much to live on. Yet in the new sharing economy, there’s hope for people like Bellefeuille who can bring some innovation and …

Two California Insurers Agree to Change Use of Death Master File

California Insurance Commissioner Dave Jones announced multi-million dollar settlement agreements with Guardian Life and Pacific Life related to their use of the Social Security Administration’s Death Master File database. Both insurers agreed to reform their business practices and use the …

California Commissioner Names New Insurance Diversity Task Force

California Insurance Commissioner Dave Jones on Monday announced the members of the 2015-2016 Insurance Diversity Task Force, which will make recommendations to Jones on ways to increase diversity in procurement and governing boards within the insurance industry. Task Force members …

Mercury Agrees to $1M Settlement With California Department of Insurance

California Insurance Commissioner Dave Jones announced a $1 million settlement with Mercury Insurance Co., Mercury Casualty Co. and California Automobile Insurance Co. over findings that Mercury violated California laws on rating and underwriting practices. The settlement stems from a market …

California Commissioner Tells Insurers to Cease Price Optimization

California Insurance Commissioner Dave Jones on Wednesday issued a notice to property/casualty insurers doing business in California advising them that so-called “price optimization” in rate making is unfairly discriminatory and violates the law. Price optimization is the practice of setting …