California Insurance Commissioner Dave Jones News

California’s Climate Risk Database Calls Out Insurer Carbon Investments

A new interactive database with extensive information on insurer investments in fossil fuels was unveiled today by California Insurance Commissioner Dave Jones. Jones released the results of his Climate Risk Carbon Initiative, which include information on the amount of oil, …

West Regulation Report Card: California Most Politicized State

A report gives California’s insurance regulatory environment low marks for auto body repair rules, the insurance commissioner’s call for insurers to divest from coal, its prior approval law and being the “most politicized state in the country.” California was given …

California Commissioner Issues Anti-Steering Regulations

California Insurance Commissioner Dave Jones has issued new Anti-Steering in Auto Body Repair regulations that he says increase protections to prevent consumers from being misled or claims delayed when a collision-damaged vehicle needs to be repaired. The new rules prohibit …

Insurer Community Investments in California Earn $10M in Tax Credits

California Insurance Commissioner Dave Jones announced $10 million in tax credits awarded to 15 insurance companies and other investors that made more than $50 million in capital investments into California’s underserved communities through the 2016 California Organized Investment Network Community …

California Commissioner Orders Investigation into Charges against Wells Fargo

Update: This story has been updated with a response from Wells Fargo. Insurance Commissioner Dave Jones today directed the California Department of Insurance to launch an investigation into allegations made by former employees of Prudential Insurance Co. that Wells Fargo …

Survey: California Leads Nation in Insurers Contracting with Diverse Businesses

California Insurance Commissioner Dave Jones hailed the results from the first national survey of the insurance industry around supplier and governing board diversity issued today. Insurance commissioners from six states – California, District of Columbia, Minnesota, New York, Oregon, and …

California Commissioner Issues Auto Collision Repair Regulations

California Insurance Commissioner Dave Jones issued new Auto Collision Repair Labor Rate Survey Regulations that he said will increase consumer protections when a damaged vehicle is repaired. The California Department of Insurance over the last several years has worked on …

California Fines Online Benefits Firm Zenefits $7M Over Unlicensed Employees

California Insurance Commissioner Dave Jones today levied $7 million in penalties against online benefits broker Zenefits for multiple license violations. Zenefits was charged with allowing unlicensed employees to transact insurance and circumventing insurance agent education requirements. This is the largest …

Jones: Undocumented License Law in California May Have Led to UM Drop

California Insurance Commissioner Dave Jones announced today that Assembly Bill 60, a law which provided driver’s licenses to those who could not submit proof of legal presence in the U.S., may have led to a modest decrease in the number …

California Commissioner Makes Statement on Trump’s Promise to Repeal Obamacare

California Insurance Commissioner Dave Jones issued a statement on Thursday in which he warns about the negative impact if president-elect Donald Trump’s proposals to repeal the Affordable Care Act are successful. “Passage of the Affordable Care Act was one of the …