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California insurance market third largest in the world

The state’s insurers collect $332 billion in premiums every year, said the commissioner. The California insurance market now has an annual premium volume higher than…

Senator Feinstein announces her support for rate controls in health insurance

U.S. Senator Dianne Feinstein (D, San Francisco) has announced that she has placed her support behind a controversial ballot measure that would give state insurance…

California trade groups and insurance regulators settle two Iran divestiture

California insurance regulators and trade groups have come to a settlement over two suits regarding efforts that were being made to put pressure on insurance…

California climate change conference discusses issues and economic impact on insurance industry as well others

The long awaited climate conference was launched by Democratic Governor Jerry Brown, where he made a strong attack on the Republican party, libertarians, and other…

S&P downgrades Californian insurers while Commissioner Jones insists the companies are financially sound

Rating agency Standard & Poor’s seems to be in the grips of a downgrading frenzy as the agency downgrades the credit ratings of five of…