A consumer group says California Gov. Arnold Schwarzenegger’s plan to “withdraw weak pseudo-reforms” of the health insurance industry would bar strong regulation of health insurers.

Like the majority of Republican governors across the nation, Virginia Gov. Bob McDonnell has turned down a federal offer to aid in the creation of a high-risk pool program for the uninsured.

Anyone transacting a life settlement in California will be required to notify the California Department of Insurance of the transaction within 10 days, according to new rules covering life settlement transactions.

California Gov. Arnold Schwarzenegger is insisting that a new surcharge on all residential and commercial property insurance is a fee – not a tax.

California Gov. Arnold Schwarzenegger recently signed into a law a bill to regulate the state’s life settlement market that includes a ban on stranger-owned life insurance policies.

A California Superior Court judge has ruled that Gov. Arnold Schwarzenegger illegally furloughed 7,400 employees of the State Compensation Insurance Fund this year, entitling them to back pay plus interest …  Read →

Calling a move by California Gov. Arnold Schwarzenegger and the legislature to sell $1 billion worth of business at the state-run workers’ compensation insurance company a “pilfering of funds,” the …  Read →

California Insurance Commissioner Steve Poizner and a property-casualty insurance coalition say California lawmakers’ proposal to downgrade 73 felony crimes, including insurance fraud, to misdemeanors could “severely erode” the state’s efforts …  Read →

Gov. Arnold Schwarzenegger and California’s insurance commissioner have a dilemma on their hands: A workers compensation rating advisory panel has suggested that worker comp rates in the state be increased by …  Read →