Mercury Insurance Co. has agreed to pay more than $41 million to end a two-decade long battle with the California Department of Insurance battle over the Los Angeles-based carrier improperly tacking fees onto auto insurance policies and over false advertising …
Ex-insurance agent Yolanda De La Torre, 35, of Whittier, Calif., was arrested on Friday on one felony count of grand theft and one felony count of identity theft after allegedly collecting over $13,000 in insurance payments from 10 clients and …
The California Department of Insurance on Tuesday released data from an investigation showing what the CDI is calling “wide socioeconomic disparities” in auto insurance group discounts offered to millions of California drivers. The CDI says the investigation illustrates that many …
Tesla Inc. said on Wednesday it was launching an insurance service designed to give drivers in California, its biggest market, lower rates because of safety features on its electric vehicles. Chief Executive Elon Musk has been one of the strongest …
The California Court of Appeal, Second Appellate District, has upheld the decision of a trial court ruling finding that fees rental car agencies charge for optional insurance need not be included in rate filings and are not regulated by the …
The California Department of Insurance and the United Nations Environment Program on Tuesday announced the launch of a yearlong effort to develop a “Sustainable Insurance Roadmap” to confront California’s climate risks. Insurance Commissioner Ricardo Lara and Butch Bacani, who leads …
A California Department of Insurance, Employment Development Department and U.S. Department of State, Diplomatic Security Service investigation that uncovered a complex unemployment insurance fraud scheme has now led to prison time on federal charges for the man who perpetrated the …
Detectives from the California Department of Insurance have arrested Ameer Almassou, Bariq Aleyada, and Ziad Jaber Jaber for allegedly stealing more than $22,000 from auto insurers by filing fraudulent insurance claims. One additional suspect, Muhamed El Gererey, self-surrendered. The scheme …
Several individuals were arrested last week involved in an insurance fraud scheme stretching all the way to California that is believed to have totaled $120 million in losses, according to the Georgia Department of Insurance. Agents in the Fraud Investigations …
A possible sale of workers’ compensation specialist Applied Underwriters looks to be a step closer to reality. The California Department of Insurance is reviewing an application for the sale of the Calif.-based Berkshire Hathaway subsidiary. CDI officials confirmed with Insurance …
