California Insurance Commissioner Dave Jones News

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 …

California’s First Cannabis Business Owners Policy Approved

California Insurance Commissioner Dave Jones has approved the first Cannabis Business Owners Policy in the State of California. The American Association of Insurance Services designed the new CannaBOP program for cannabis dispensaries, storage facilities, processors, manufacturers, distributors, and other cannabis-related …

California Commissioner: Insurers Pocketing Comp Profits, Not Passing Savings to Employers

California Insurance Commissioner Dave Jones on Tuesday adopted a revised workers’ compensation insurance advisory pure premium rate by lowering the benchmark to $1.74 per $100 of payroll for workers’ comp. The change is effective July 1, 2018. Jones has reduced …

California Workers’ Comp Directors and Officers Cleanup Law Takes Effect July 1

A new law that enables corporate directors and officers owning at least 10 percent of a business to opt out of workers’ compensation coverage goes into effect on July 1. The law is intended to reduce the threshold of ownership, …

California Approves New Product Liability Program for Cannabis Industry

California Insurance Commissioner Dave Jones announced on Wednesday he has approved a new product liability and product recall program for the cannabis industry in California. This new cannabis insurance policy, offered by Continental Heritage Insurance Co., provides product liability and …

Former Zenefits CEO Surrenders Insurance License Following California Enforcement

Parker Conrad has surrendered his insurance license for his alleged role in licensing compliance violations that occurred at Zenefits during his tenure as CEO, California Insurance Commissioner Dave Jones announced on Wednesday. It was the conclusion of an enforcement action …

California Commissioner OKs 1st Lessor’s Risk Coverage for Marijuana Industry

California Insurance Commissioner Dave Jones has approved what his office says is the first insurance coverage for commercial landlords that addresses risks specific to renting to cannabis businesses. California Mutual Insurance Co. was approved to add lessor’s risk coverage for …