Applied Underwriters’ California Insurance Company filed its opposition to a proposed rehabilitation plan. The California Department wants to force Applied to sell off its California operations and settle pending litigation …
Insurance Commissioner Ricardo Lara won a second term to lead the California Department of Insurance with an easy 17-point margin of victory. The cities in coastal California and the Sacramento region delivered the win for the incumbent. Along the coast only Orange County and sparsely populated Del Norte County backed Republican Robert Howell – Orange …
A Los Angeles Superior Court appeared ready to reject Consumer Watchdog’s request for the court to force the California Department of Insurance to produce additional records under the California Public …
Individuals looking to get licensed as an insurance agent or broker and those who need to renew their license will have to take mandatory training on insurance fraud. The changes are mandated by a new law sponsored by the California Department of Insurance (CDI) and chaptered last month. And insurance professionals now need to include …
The advocacy group Consumer Watchdog will get its day in court this week as it presses Insurance Commissioner Ricardo Lara and the California Department of Insurance to find and release more documents related to a public records act dispute. The group is seeking records of meetings and other documents pertaining to the neverending saga of …
Commissioner Ricardo Lara’s recent workers’ comp rate decision overruled the recommendation of the California Department’s actuaries and hearing officer. In a proposed decision, Department staff recommended adopting both a base increase and the add-on the Bureau proposed to cover the now endemic Covid-19 workers’ comp claim costs. The Bureau had requested a 7.6% increase overall. …
According to the latest market share reports from the California Department of Insurance, total California written premium increased to $10.4 billion last year from $10.1 billion in 2020. The total is net of deductibles. The State Compensation Insurance Fund remains the largest writer of workers’ comp coverage in California. State Fund increased its market share …
An insurance industry watchdog says the California Department of Insurance is running a coverup to shield it from more embarrassing disclosures about interactions between Applied Underwriters’ representatives and Insurance Commissioner …