Dave Jones News

Report Urges Urgent Action from Financial Regulators to Address Climate Change

Yet another report in a long line of reports is out urging urgent action from financial regulators, including insurance regulators, the Federal Reserve and the Securities Exchange Commission. The report was commissioned by the U.S. Commodity Futures Trading Commission and …

Liquidation Order Issued for Auto Insurer with More Than 42K Policies in Pennsylvania

A Texas court has issued an order of liquidation for Access Insurance Company, an auto insurer that has 42,785 policies in Pennsylvania. This means Pennsylvanians that currently have auto insurance through Access Insurance will have no later than April 12 …

Bill To Clarify Insurance Code Sections Passes California Legislature

The California State Legislature has passed a bill that makes several technical changes to various California insurance code sections pertaining to agent licensing, training and previously enacted legislation. Assembly Bill 1416, which garnered unanimous support, was sponsored by the California …