December 12, 2017
California Insurance Commissioner Dave Jones has issued a formal notice to insurers directing them to cease any and all moratoriums on auto insurance and reminding them that California law prohibits the practice. Jones issued the notice in response to insurers …
November 28, 2017
California Insurance Commissioner Dave Jones announced at the 6th Annual Insurance Diversity Summit this week that California diverse businesses supplied $1.6 billion in goods and services to insurance companies last year. That’s a $670 million increase since 2012, according to …
November 22, 2017
California’s insurance commissioner says homeowners who lost their homes in last month’s wildfires in Northern California have up to 24 months to collect insurance payments. Dave Jones said this week some out-of-state insurance adjusters brought in by companies to help …
November 16, 2017
California Insurance Commissioner Dave Jones has issued an order requiring a central valley company and its affiliates to stop selling workers’ compensation and liability policies because it is not properly licensed with the California Department of Insurance. In October 2016, …
November 2, 2017
The California insurance commissioner has approved the first filing by an admitted commercial insurance company to sell cannabis business insurance. Insurance Commissioner Dave Jones on Thursday announced the approved filing from Golden Bear Insurance Co. “This is the first of …
October 31, 2017
The largest California insurers have so far reported more than $3.3 billion in insured losses from the October wildfire siege, now considered the most destructive fires in state history. Insurance Commissioner Dave Jones on Tuesday updated insured loss claims data …
October 26, 2017
California Insurance Commissioner Dave Jones has adopted an advisory pure premium rate that lowers the benchmark to $1.94 per $100 of payroll for workers’ compensation insurance. The advisory rate is effective Jan. 1, 2018. The rate is 17.1 percent less …
October 20, 2017
The first admitted insurance carrier has filed to provide coverage to California’s legal cannabis industry and several more carriers have stated their intent to file products, according to state Insurance Commissioner Dave Jones. It also appears that standardized insurance forms …
October 19, 2017
Insurance Commissioner Dave Jones today released preliminary data provided by eight California insurers processing claims for tens of thousands of policyholders that shows $1.045 billion in losses to commercial and residential structures, personal and commercial vehicles and agricultural equipment. The …
October 15, 2017
California Insurance Commissioner Dave Jones over the weekend issued a notice to insurers asking them to agree to expedited claims handling procedures for wildfire damage claims to help fire victims more quickly. Several insurers immediately agreed to the Jones’ request …