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California Department of Insurance

News Story
1/12/2015
Posted by Mark Reback
State Insurance Commissioner David Jones on Monday ordered Mercury Insurance to pay a $27.5 million fine for charging policyholders unauthorized broker fees. Mercury, part of Los Angeles insurer Mercury General Corp., responded that it intends to challenge the fine in court. It is one of the largest fines ever levied against an auto or home...
News Story
1/12/2015
Posted by Mark Reback
Mercury Insurance has been fined $27.5 million for collecting illegal auto insurance fees from consumers, according to the state's insurance regulator. Between 1999 and 2004, the company's insurance agents charged unapproved fees on more than 180,000 transactions, in violation of the voter-approved Proposition 103, which requires auto...
News Story
1/12/2015
Posted by Mark Reback
State Insurance Commissioner Dave Jones has ordered Mercury Insurance to pay a $27.6 million fine in connection with unapproved “broker fees” charged to California consumers buying auto policies. The California Department of Insurance said Monday that the Los Angeles-based insurer did not obtain the commissioner’s approval for...
News Story
2/19/2014
Posted by Mark Reback
WASHINGTON -- Advocates and opponents of California's Proposition 103 are debating whether it has helped consumers 25 years after its passage. Some say the debate is being used to sway voters who will determine whether measures similar to Proposition 103 should be applied to health insurance in the state this fall. Passed in 1988, the...
News Release
1/7/2014
Posted by Carmen Balber
Santa Monica, CA – Blue Shield Life and Health is imposing an unreasonable rate increase on over 80,000 Californians with individual health insurance policies, an average of 9.8% that adds up to a 22.8% increase for the year. California Insurance Commissioner Dave Jones announced today that the company would not budge on its excessive rate...
News Release
12/20/2013
Posted by Harvey Rosenfield
Santa Monica, CA -- California Insurance Commissioner Dave Jones has approved a decision by an administrative law judge permitting Allstate Insurance Company to grant special premium benefits to motorists who attended prestigious colleges or have high income jobs like lawyers and doctors. The agency staff has previously allowed other insurance...
News Release
11/21/2013
Posted by Jamie Court
Santa Monica, CA – Leaders of California's health insurance marketplace today voted to block a reprieve on health insurance cancellations proposed by President Obama last week and to allow health insurance companies to hike rates on 50% of cancelled Californians. The move shows the need for regulation of health insurance prices in...
News Story
11/21/2013
Posted by Mark Reback
(11-21) 15:46 PST SACRAMENTO -- Covered California, the state's health exchange, on Thursday rejected President Obama's request to let insurers extend their current health policies, a decision that affects about 1 million Californians who have coverage that doesn't comply with the requirements of the federal health law. The...
News Story
11/5/2013
Posted by Mark Reback
The clock is ticking on 1 million Californians forced to buy new health insurance because their plans don't comply with the federal health care law, but on Tuesday one of the state's biggest health insurers was forced to give its customers a three-month reprieve. Blue Shield of California must delay canceling health insurance policies that...
Blog Post
10/16/2013
Posted by Harvey Rosenfield
Auto insurance rates in California have to be based primarily on a motorist’s driving safety record, the number of miles you drive each year, and how many years you’ve been on the road.  That’s one of the mandates of insurance reform Proposition 103, approved by California voters in a David versus Goliath battle with the...