June 2, 2016
Getting insurers to rid themselves of investments in fossil fuels, creating products to deal with climate change and helping the world better understand risk, were among the topics on Wednesday at a summit on the insurance industry and climate change. …
June 1, 2016
John Antonio Ruiz, 49, of Riverside, Calif., pleaded guilty to 11 felony counts of grand theft after selling $334,972 in bogus surety bonds and stealing the client’s premium. His theft left a major retailer exposed to loss on a construction …
May 31, 2016
California Insurance Commissioner Dave Jones adopted and issued a revised advisory pure premium rate, lowering the benchmark to $2.30 per $100 of payroll for workers’ compensation insurance. The change is effective July. This is a 10.5 percent reduction compared with …
May 26, 2016
It may not be a climate change summit for the ages like last year’s Paris meeting in which world leaders hashed out a historic agreement to reduce carbon emissions, but it does have two things in common with the 2015 …
May 26, 2016
An employee of a Southern California school district has been arrested on charges of workers’ compensation fraud for allegedly racking up $33,000 in treatments and disability payments. Juanita Denise Schmittle, 50, of Baldwin Park, Calif., was arrested by California Department …
May 24, 2016
Leading U.S. insurers have nearly half-a-trillion dollars invested the fossil fuel energy and the electric and gas utility sectors, according to a report out today that urges state insurance regulators and board members of these companies to help move them …
May 4, 2016
Johana Magnolia Paredes, 45, of Bellflower, Calif. was arrested by California Department of Insurance detectives on two felony counts of workers’ compensation insurance fraud after allegedly misrepresenting her injuries to collect $39,953 in disability payments that she was not entitled …
March 31, 2016
Mark down the Climate Change and Global Warming Working Group as the odds-on favorite committee to produce the most interesting chatter during the National Association of Insurance Commissioners meeting next week in The Big Easy. Climate change buzz has continued …
March 16, 2016
Insurance Commissioner Dave Jones wants California drivers know about the department’s online tool that helps consumers shop for different insurers based on price. The tool is now being launched by the California Department of Insurance is designed to enable consumers …
March 3, 2016
California Insurance Commissioner Dave Jones has approved a new rideshare insurance product from Allstate Insurance. The Allstate coverage is for for people driving for transportation network companies like Uber and Lyft. Beginning in April, TNC drivers will have the option …