The California Department of Insurance issued a Cease and Desist Order July 25 on New Life Christian Care Society Inc. The Order states that the Society cease and desist transacting any and all insurance business in the state.
According to the CDI, the Society is not licensed in California. CDI investigators reported that the Society used the Internet to advertise their “Financial Responsibility Programs” from their Internet site. The site reportedly states that the Society is a “Christian group” offering national liability or comprehensive coverage for motorists. Additionally, the site reportedly promotes personal property, burial, structure and health insurance programs.
The alleged fraudulent Internet activities reportedly extend to other states. The CDI reported that consumers are exposed to possible loss without coverage if they paid for insurance provided by the Society.
Topics California
Was this article valuable?
Here are more articles you may enjoy.
PwC: Insurance Execs Say Agentic AI Leading Industry Transformation 
AIG to Pay Neal $2.7 Million to Cover Previous Firm’s Bonus 
The Hartford CEO Takes Lead in Shaping the City of Hartford’s Future 
Insurance IPOs Hit 20-Year High on Wall Street 
