California Insurance Commissioner Dave Jones News

Bills Addressing Last Year’s California Wildfires Have Insurers Concerned

Insurance industry representatives said on Thursday they are working with the authors of pair of controversial bills approved by a committee in the California state Senate that are designed to give relief to victims of the massive wildfires last fall. …

California Commissioner Doing Battle with Insurers over Wildfire Bills

California Insurance Commissioner Dave Jones appears to be poised for a fight with the insurance industry over a legislative package supports say will protect survivors of last year’s wildfires that struck in the fall. Jones is rallying with state Senators …

California Commissioner Urging Insurers to Offer Coverage for Cannabis Industry

California Insurance Commissioner Dave Jones is renewing his call for insurers to offer insurance products for California’s legalized cannabis industry in the wake of recent reports that President Trump has abandoned Attorney General Jeff Sessions’ policy on federal law enforcement …

$332B in Premiums Makes California World’s 4th Largest Insurance Market

California’s annual insurance premium volume has increased to $332 billion, Insurance Commissioner Dave Jones announced on Thursday. That makes California is the 4th largest insurance market in the world, and the state remains the largest insurance market in the United …

California Says Insurers Must Pass Tax Savings on to Policyholders

Insurance companies writing in California were sent a notice by the California Department of Insurance reminding them that under Proposition 103 their rates must not be excessive, inadequate, or unfairly discriminatory. The recent revision to the Federal Tax Schedule for …

Physician Running for California Commissioner Wants Universal Healthcare

It’s probably no surprise to hear that Dr. Asif Mahmood, a practicing physician who’s running for the office of insurance commissioner of California, has made healthcare his top campaign platform. Mahmood, who was raised in the outskirts of Kharian, a …

Lara, Poizner and Others Vying to be California Insurance Commissioner

The race is on for the California insurance commissioner posts as we are nearly three months from the primary, but you wouldn’t know it by speaking to people in the insurance industry. Most insurance groups and associations like to keep …

California Commissioner Orders Insurer to Halt Operations over Insolvency Risk

California Insurance Commissioner Dave Jones has issued a cease and desist order against Access Insurance Co., which requires it to immediately stop transacting, soliciting, negotiating, or administering and writing any new or renewal insurance business of any kind in the …

California OKs New Private Flood Insurance Product

California Insurance Commissioner Dave Jones has approved a new private flood insurance product The residential product, which Jones announced the approval of on Tuesday, is provided by American National Property and Casualty Co. The new entry into the private flood …

First Surety Bond Program for California Cannabis Industry OK’d

California Insurance Commissioner Dave Jones has approved the first surety bond program for the cannabis industry in the California. Continental Heritage Insurance Co. is the first insurer in the state to be approved to offer surety bonds for the cannabis …