California Insurance Commissioner Dave Jones News

Jones Praises Supreme Court, Calls for Health Rate Reviews

California Insurance Commissioner Dave Jones praised the U.S. Supreme Court’s decision on Thursday to uphold the Affordable Care Act – and he took the opportunity to state his support for health rate hike reviews in California. “The passage of the …

Jones: Low Cost Auto Insurance Decrease Up To 9% Across California

California Insurance Commissioner Dave Jones announced that beginning May 15 the cost of an annual premium for the California Low Cost Automobile Insurance Program has decreased up to 9 percent across California’s 58 counties and the income eligibility caps for …

Bill To Align California With Dodd-Frank Passes Committee

The California Senate Insurance Committee passed a law regarding reinsurers that would put the state in alignment with the Dodd–Frank Wall Street Reform and Consumer Protection Act and a model law from the National Association of Insurance Commissioners. Senate Bill …

Replacement Costs Battle on the Road to Somewhere

Steve Young was somewhat upbeat when he was asked what he thought about the outcome of a long-brewing legal battle between three insurance associations and the California Department of Insurance. That upbeat attitude is because a court of appeals accepted …

California Workers’ Comp Reform Taking Shape – Again

At a recent joint hearing in Sacramento on workers’ compensation in California with the Assembly and Senate, statistic after statistic flew out of the mouths of speaker after speaker during the nearly four-hour session. It was titled, “Informational Hearing, Injured …

Calif. Commissioner Jones Gets ‘D’ From Insurance Industry

The insurance industry has mixed feelings about California Insurance Commissioner Dave Jones, assessing him as average or below average in a handful of categories. In a poll conducted by Insurance Journal, industry respondents gave Jones an overall grade of “D,” …

Medical Malpractice Rates Lowered For Three Companies in California

Rates have been lower for medical malpractice insurance offered by NORCAL Mutual Insurance, The Dentists Insurance Company, and the Medical Insurance Exchange of California’s Physicians and Surgeons program, saving doctors, dentists and other medical providers nearly $19 million annually in …

California’s Jones Announces Multi-State Effort on Climate Risk Disclosure

California Insurance Commissioner Dave Jones on Wednesday announced that the California Department of Insurance has joined with Washington and New York to require insurers to disclose the effects of climate change on their business. The states will require all companies …

California Insurance Commissioner, Insurers Settle on Iran Investments

California Insurance Commissioner Dave Jones and a group of insurers have settled litigation over insurer investments in companies doing business in Iran, it was announced on Friday. The terms of the settlement permit the Jones to “maintain a public list …

Jones: California Workers’ Comp Filings Show Companies Using Advisory Rates

A majority of companies are using California Insurance Commissioner Dave Jones’ approved advisory pure premium rates in their rate filings for 2012, and the result is a combined increase of 2.8 percent for companies, according to Jones’ office. On the …