California Insurance News

California insurance group battling rates under attack

Consumer Watchdog has been facing criticisms regarding its latest steps. A consumer group that has backed a recent California insurance initiative and has saved residents…

AIG unit faces potential fines in California over management of fire claims

American International Group Inc. (AIG) subsidiary, New Hampshire Insurance Co., along with York Risk Services, its claims processing agent, are now facing citations for 125…

California insurance regulators target GeoVera Insurance, imposing fines and requiring the company to make changes to underwriting

California insurance regulators have taken action against GeoVera Insurance Co., providers of residential earthquake insurance, this week. Regulators took notice of the company after having…

California homeowners to benefit from new insurance regulations

New rules for homeowners insurance have been implemented in California to help to protect people when disaster strikes their homes. The regulations have been implemented…

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…

New task force launched in California to fight against insurance fraud and an underground economy

The California Department of Insurance has announced that it will be joining the Department of Industrial Relations to fight against the state’s emerging underground economy.…

Report shows insurance is an economic player in California

A new report has shown that the property and casualty industry for California insurance is responsible for bringing billions of dollars into the state. The…