Department of Insurance News

California Workers’ Comp Reform Taking Shape – Again

At a recent joint hearing in Sacramento on workers’ compensation in California with the Assembly and Senate, statistic after statistic flew out of the mouths of speaker after speaker during the nearly four-hour session. It was titled, “Informational Hearing, Injured …

Calif. Commissioner Jones Gets ‘D’ From Insurance Industry

The insurance industry has mixed feelings about California Insurance Commissioner Dave Jones, assessing him as average or below average in a handful of categories. In a poll conducted by Insurance Journal, industry respondents gave Jones an overall grade of “D,” …

Medical Malpractice Rates Lowered For Three Companies in California

Rates have been lower for medical malpractice insurance offered by NORCAL Mutual Insurance, The Dentists Insurance Company, and the Medical Insurance Exchange of California’s Physicians and Surgeons program, saving doctors, dentists and other medical providers nearly $19 million annually in …

PMI in Arizona Files Chapter 11

Arizona-based mortgage insurer The PMI Group Inc. (NYSE: PMI) has filed for voluntary relief under chapter 11 of the United States Bankruptcy Code in the U. S. Bankruptcy Court for the District of Delaware. The filing is a result of …