Industry Report Card: California Insurance Commissioner Dave Jones

By | January 27, 2012

  • January 27, 2012 at 1:57 pm
    Dale Ogden says:
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    A regulator should “First, do no harm.” This is impossible for a politician (liberal or conservative, Democrat or Republican) whose actions are guided by the need to “Do something” so that he can run for higher office. A regulator should therefore do as little as possible, and concentrating on enforcing 1nsurance contracts (i.e., ensuring that insurers do not cheat their customers), and fighting fraud (i.e., ensuring policyholders do not cheat the insurance companies).

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