Suren Hovhannisyan, a former insurance agent, has been sentenced in Los Angeles County Superior Court to 180 days in jail and five years of formal probation after pleading no contest to three felony counts of Grand Theft. Hovhannisyan was also …
The California Workers’ Compensation Insurance Rating Bureau’s governing committee on Wednesday voted to amend the WCIRB’s Jan. 1, 2018 pure premium rate filing that has already been submitted to the insurance commissioner. The vote to amend the filing was based …
Michael Charles Young, 30, of Sacramento, Calif., the reported leader of a large auto insurance fraud ring, was sentenced to more than 10 years in state prison for bilking insurance companies out of an estimated $500,000 by filing fraudulent insurance …
San Diego, CA, June 21, 2017- Investigation Solutions, Inc. (ISI) worked alongside the California Department of Insurance in a $32 million workers’ compensation fraud case that resulted in an arrest earlier this month. Detectives at the DOI arrested Gina Marie …
The California Department of Insurance and the California FAIR Plan Association squared off in conflicting press releases on Thursday over a court decision that awarded a homeowner higher repair costs following a claim. The California Court of Appeal, First District …
California workers’ compensation insurers wrote $12.96 billion in direct written premium last year, an increase of $628 million, or 5.1 percent, from the prior year, according to new data from the National Association of Insurance Commissioners released by the California …
Ken Schnoll has been named general counsel for the California Department of Insurance. Schnoll has more than 30 years of experience, including work in regulatory and transactional matters with health insurers and property/casualty insurers. Schnoll was a partner at Dentons …
Slice Insurance Technologies, an insurtech company offering on-demand, short-term insurance coverage, is now selling its commercial lines insurance product for homesharing hosts in California. The California Department of Insurance said that the surplus lines broker is coming into the market …
The Workers’ Compensation Insurance Rating Bureau testified at a California Department of Insurance public hearing today regarding the bureau’s July 1 pure premium rate filing, which was submitted to the CDI on April 11, the WCIRB announced. WCIRB Executive Vice …
A California bill that could affect auto repair costs is making its way through state Legislature, and one group that’s happy about that is the Association of California Insurance Companies. ACIC is one of several groups backing Assembly Bill 1679, …
