California Insurance Commissioner Dave Jones News

California Commissioner OKs State’s First Insurtech Title Insurer

California Insurance Commissioner Dave Jones has approved a license for States Title, the first insurtech title insurer licensed and domiciled in California. States Title Insurance Company of California will use data-driven technology to predict the risk and severity of a …

California Commissioner Named Chair of New NAIC Cannabis Committee

The National Association of Insurance Commissioners has named California Insurance Commissioner Dave Jones chair of its new Cannabis Insurance Working Group. Jones proposed that the NAIC establish this working group the NAIC’s Summer National Meeting. The reason for creating the …

California Cannabis Coverage Approved for 3 New Carriers

California Insurance Commissioner Dave Jones on Thursday announced he has approved three more insurance carriers to offer coverage for the cannabis industry in the state. The North River Insurance Co. and United States Fire Insurance Co. will begin offering coverage …

California Commissioner Asks Insurers to Help Speed Wildfire Recovery Efforts

California Insurance Commissioner Dave Jones announced on Wednesday he is taking actions he says will help protect thousands of wildfire survivors. His first action is a notice requesting insurers to expedite claims handling procedures for wildfire damage claims, including being …

San Francisco May Screen Insurers for Their Fossil Fuels Investments

The San Francisco Board of Supervisors has become what is believed to be the first U.S. municipal body to try to force insurance companies to stop insuring and investing in fossil fuels. The board on Tuesday voted unanimously in favor …

California Orders Work Comp Insurers to Report Federal Income Tax Savings

California Insurance Commissioner Dave Jones has issued an order directing every insurer licensed to write workers’ compensation insurance in the state must report their federal income tax savings annually through a rate filing in light of the new tax law. …

Insurers Question California Commissioner’s Authority to Make Comp Writers Report Federal Tax Savings

The insurance industry is wondering whether a new requirement from California Insurance Commissioner Dave Jones that workers’ compensation insurers report federal income tax savings is legal. Jones wants insurers licensed to write workers’ comp in California to report the tax …

California Commissioner Orders Workers’ Comp Insurers to Report Federal Income Tax Savings

California Insurance Commissioner Dave Jones announced today issued an order that every insurer licensed to write workers’ compensation in the state must report their federal income tax savings annually through a rate filing in light of the new tax law. …

California Commissioner Angry at Insurers for Altering Wildfire Bills

California Insurance Commissioner Dave Jones is irked that the insurance industry has worked to alter legislation he supports that he says is aimed at strengthening consumer protections for wildfire survivors. Senate Bill 894, authored by Senator Bill Dodd, D-Napa, is …

Court Rules Failed California Workers’ Comp Insurer Can’t Use Special Funds for Administrative Expenses

The Appellate Court of Illinois has issued a decision supporting California Insurance Commissioner Dave Jones and the California Insurance Guarantee Association’s position that Lumbermens California workers’ compensation deposits can’t be used to reimburse overhead and administrative expenses incurred in connection …