California Insurance Commissioner Dave Jones News

California Commissioner Sues Biopharma Giant AbbVie Alleging Illegal Kickbacks in Promoting HUMIRA

California Insurance Commissioner Dave Jones on Tuesday filed an insurance-fraud complaint in Alameda County Superior Court on behalf of the state against AbbVie Inc. alleging the company gave illegal kickbacks to healthcare providers to prescribe HUMIRA, which Jones classified as …

Claims from California Summer Fires Top $845M, Commissioner Blames Climate Change

California Insurance Commissioner Dave Jones on Thursday announced that insured residential and commercial losses from the Carr and Mendocino Complex fires topped $845 million and are now counted among the most destructive wildfires in the state’s history. Jones also provided …

New Workers’ Comp Program for California’s Cannabis Industry

California Insurance Commissioner Dave Jones today announced a new workers’ compensation insurance program for California’s cannabis industry. The program was created by Atlas General Insurance Services to serve businesses and workers in the cannabis industry. This program is designed to …

California’s 1st Cannabis Insurer Expands Coverage

California Insurance Commissioner Dave Jones approved a filing from Golden Bear Insurance Co. amending its California Cannabis program product to lower rates, expand coverage options, and expand the classes of business they will cover. Jones last year approved a Golden …

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. …