California’s insurance commissioner announced the end to a pair of civil suits, filed over his agency’s efforts to force insurance companies to stop investing in corporations working in Iran.

A California contracting company’s owner was sentenced to four years in state prison, and told to pay $350,000 in restitution to individual workers and $850,000 to the California State Compensation Insurance Fund.

A former insurance agent from Clayton, Calif., was sentenced to nearly four years in state prison for his role in a $800,000 Ponzi scheme involving stranger-owned life insurance (STOLI).

The company with the largest life insurance sales force in the U.S. says the licensing test for insurance agents is too tough so it is asking state regulators to ease the test.

A California wholesale bagel shop’s chief executive, her husband and the business’ account manager were sentenced in Santa Clara County Superior Court for their roles in a workers’ compensation scheme that bilked two private insurance companies of $358,000.

Blue Shield of California agreed to delay for 60 days its health insurance premium rate increases of up to 59%, originally scheduled to go into effect March 1.

A Hughson, Calif., insurance agent-broker was charged with stealing thousands of dollars in premiums from 11 clients, some of which were senior citizens.

Newly instated California Insurance Commissioner Dave Jones sent letters to Anthem Blue Cross, PacifiCare and Aetna asking them to delay increasing premiums for at least 60 days while he reviews the filings.

The new California insurance commissioner and the secretary of the U.S. Health Department are working to prevent Blue Shield of California from implementing a rate increase of up to 59%.

A Sacramento, Calif., insurance agent pleaded guilty to 13 felony counts of grand theft in connection with a five-year Ponzi scheme resulting in a total loss of $6.3 million.