June 1, 2018
A California family was arraigned on Thursday on more than 30 counts of fraud and arson. Tyler Chen, 46, and his wife, Kim, 45, were arraigned in the Santa Clara County Superior Court following their arrest on multiple felony counts …
May 11, 2018
Security Code 3 Inc. owner Troy Carson, 55, of San Jose, was arrested by California Department of Insurance detectives for allegedly underreporting payroll by more than $12 million in an attempt to secure a lower workers’ compensation rate under false …
May 4, 2018
Michael Williams, 34, of Daly City, Calif., has been arrested on 21 felony counts of insurance fraud and grand theft after allegedly working for multiple employers while collecting over $85,000 in workers’ compensation benefits from two different insurers. In November …
April 5, 2018
California’s annual insurance premium volume has increased to $332 billion, Insurance Commissioner Dave Jones announced on Thursday. That makes California is the 4th largest insurance market in the world, and the state remains the largest insurance market in the United …
April 5, 2018
The California Workers’ Compensation Insurance Rating Bureau’s governing committee has voted to authorize the WCIRB to submit a lower mid-year pure premium rate filing to the California Department of Insurance based in part on reduced lien filings and a new …
March 19, 2018
Insurance companies writing in California were sent a notice by the California Department of Insurance reminding them that under Proposition 103 their rates must not be excessive, inadequate, or unfairly discriminatory. The recent revision to the Federal Tax Schedule for …
February 8, 2018
Insurance Commissioner Dave Jones announced on Thursday that the California Department of Insurance recovered more than $81.3 million for consumers during 2017 through consumer complaint investigations and market conduct examinations of insurance companies. Last year the department’s consumer hotline reportedly …
December 6, 2017
Wells Fargo was served with an accusation by the California Department of Insurance seeking to suspend or revoke its licenses for alleged improper insurance sales practices related to the company’s online insurance referral program. Such practices resulted in insurance products …
October 9, 2017
Assembly Bill 1641, legislation offered and lobbied by the Surplus Line Association of California that is designed to give the California Department of Insurance more flexibility in deciding which coverages to add to the Export List, was signed into law …
October 6, 2017
California Insurance Commissioner Dave Jones has named Amorette Yang to deputy commissioner of the California Department of Insurance’s community programs and policy initiatives branch. Yang was chief of the branch. She’s replacing Chris Shultz, who has accepted an appointment as …