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.

More than 100 felony charges have been filed against suspects allegedly involved in an elaborate, organized fraud ring operating in the San Francisco area that allegedly cost 11 insurance companies up to $500,000 in losses.

California officials predict that Standard & Poor’s (S&P) recent downgrade on the credit rating of U.S. government securities will not affect life insurers’ dealings with their consumers in the state.

Anthem Blue Cross in California has agreed to cut its quarterly premium in half, dropping it to 3% on average for some products in its small-group market.

California Insurance Commissioner Dave Jones said a bill passed by state lawmakers “levels the playing field” for health insurance in the state.

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).

California’s insurance commissioner and state controller are investigating how MetLife handles its payment of death benefits, exploring practices they say “are not isolated, but are systemic in the insurance industry.”

California Insurance Commissioner Dave Jones, saying he was “pleased” that Blue Shield of California withdrew its recent rate increase, used the opportunity to again appeal for regulatory authority over health insurance rates in the state.

California Insurance Commissioner Dave Jones is targeting medical malpractice insurers in the state because of what he calls “excessive rates.”

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.