Unlicensed insurance agent Karyl Lynn Reed, 57, formerly of Cosa Mesa, Calif., was arraigned this week on multiple felony counts of grand theft, forgery, embezzlement, and aggravated white-collar crime after allegedly defrauding three victims of over $1.4 million. Reed was …
The California FAIR Plan Association announced on Wednesday it has submitted a farm product rate filing to the California Department of Insurance ahead of a 90-day deadline. The deadline to make the filing was imposed in Senate Bill 11. The …
California Insurance Commissioner Ricardo Lara on Wednesday directed three auto insurance companies to reimburse California drivers the excess premiums they were charged from the start of the pandemic, or face legal action. The commissioner’s order is directed at Allstate Northbrook …
California Insurance Commissioner Ricardo Lara on Monday ordered insurance companies to preserve residential insurance coverage for more than 325,000 policyholders who have been affected by Northern California wildfires across 22 counties. Lara in early September issued similar orders following emergency …
Additional felony charges have been filed against Robert Andrew Lotter, 64, of Newport Beach, Calif., and Charles Albert Major, 72, of Irvine, who were arrested in November after allegedly defrauding their clients with high-risk investments. The additional charges include multiple …
Former insurance agent Steven Gordon, 67, of Camarillo, Calif. was arraigned on Thursday on 21 felony counts of grand theft, forgery, identity theft, and credit card fraud after allegedly stealing more than $1 million from three former clients. The California …
The California Department of Insurance issued cease and desist orders to four companies allegedly engaged in selling home warranty contracts in the state without proper authorization. Under the orders, the companies must immediately stop selling the contracts. Any company marketing …
New Mexico Attorney General Hector Balderas has retained California legal counsel on behalf of the state and filed for leave to submit an amicus curiae brief in the conservation proceedings over California Insurance Co. CIC continues to battle the imposition …
Formerly licensed insurance agent Robert Stoddard, 66, of San Clemente, Calif., was arrested this week after a California Department of Insurance investigation found he allegedly stole $1.2 million from more than 20 victims, including 14 seniors. Stoddard is being charged …
First American Title Co. has agreed to pay $1 million after a California Department of Insurance investigation alleged that one of its title marketing representatives violated state law protecting consumers from conflicts of interest that can inflate the cost of …
