August 23, 2012
The California State Legislature has passed Senate Bill 1448, which updates California’s Insurance Holding Company System Regulatory Act. The bill was authored by Senate Insurance Committee Chairman Ron Calderon, D-Montebello, and is sponsored by Insurance Commissioner Dave Jones. “SB 1448 …
July 30, 2012
Authorities say two California men were arrested this week on suspicion of running an insurance fraud scam that bilked multiple companies for hundreds of thousands of dollars. Insurance Commissioner Dave Jones said Friday 48-year-old Louis Houston of Richmond and 28-year-old …
June 8, 2012
A current and a former insurance agent from Southern California have been arrested for allegedly running a million-dollar Ponzi scheme. Edwin Salazar, 34, of Downey, and Michael Zuniga, 41, of Fullerton have each been arrested on 57 felony counts for …
May 3, 2012
The California Court of Appeal summarily dismissed a legal challenge by the Association of California Insurance Companies and the Personal Insurance Federation of California to homeowner protection regulations adopted by the California Department of Insurance last summer. The case now …
April 26, 2012
Insurance Commissioner Dave Jones and the California Department of Insurance really want you to like them. CDI now has a Facebook page. The page was launched on Thursday, and had about a dozen “Likes” as soon as the page was …
March 15, 2012
An annual report from the Workers’ Compensation Insurance Rating Bureau of California shows that for the second consecutive year statewide workers’ compensation premiums levels rose in 2011, but that continually growing costs of claims has eroded statewide underwriting results. The …
February 29, 2012
Insurance Commissioner Dave Jones marked his first full year in office last month by looking back on his and the California Department of Insurance’s accomplishments during 2011. Insurance Journal wants to know from those in the industry: Is Jones an …
February 22, 2012
Insurance Commissioner Dave Jones marked his first full year in office last month by looking back on his and the California Department of Insurance’s accomplishments during 2011. Insurance Journal wants to know from those in the industry: Is Jones an …
February 14, 2012
Insurance Commissioner Dave Jones marked his first full year in office last month by looking back on his and the California Department of Insurance’s accomplishments during 2011. Insurance Journal wants to know from those in the industry: Is Jones an …
February 9, 2012
The California Office of Administrative Law approved Insurance Commissioner Dave Jones’ request to make permanent an emergency regulation he issued last year that requires health insurers to put a larger share of premiums into medical care. The regulation requires health …