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.

California’s new state insurance commissioner, Dave Jones, issued emergency regulations making the state’s medical loss ratio provisions match those included in the federal health reform la

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.

California Commissioner Steve Poizner filed a lawsuit challenging the state Office of Administrative Law’s (OAL) ruling that his efforts to stop insurers from investing in Iran constituted an underground regulation.

The California Office of Administrative Law (OAL) declared the state insurance commissioner’s actions against insurers holding investment relations with Iran to be “improper.”

California’s insurance commissioner is warning homeowners in his state to review their homeowners’ policy with an eye on vacancy protection.

California Insurance Commissioner Steve Poizner said new regulations designed to combat illegal rescissions will go into effect on August 18.

Aetna withdrew a 19% rate increase in California after “substantial mathematical errors” were uncovered during the state’s review, state insurance regulators said.

National insurance companies are defending their business practices after being included on a list released by the California Department of Insurance of those refusing a voluntary moratorium on future investments in firms linked to Iran.

With one rate hike request withdrawn due to miscalculations, the California Department of Insurance says it is taking a closer look at the validity of claims data used by Anthem Blue Cross.