California insurance market - Flag of America and of California

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…

California Auto Insurance

Auto insurance program in California reduces rates again

The state department announced that for the second year in a row, it would be shrinking the price of coverage. The California Department of Insurance…

California Insurance Commissioner Dave Jones requests reduced rates from “forced-placed” mortgage insurance companies

Insurance Commissioner Dave Jones has spoken with the 10 biggest insurers providing “lender-placed coverage” California insurance, in order to address a number of concerns that…

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…