California Department of Insurance

BUTTE/LOS ANGELES/VENTURA, Calif. Nov. 11, 2018 – Thousands of residents from Butte, Los Angeles, and Ventura counties ordered to evacuate due to wildfires may have homeowner or renter insurance coverage to help with evacuation and relocation costs, even if their homes are not damaged or destroyed, and in many cases no deductible is required. “With […]

SACRAMENTO, Calif. Nov. 1, 2018 – Insurance Commissioner Dave Jones announced today that Proposition 103, which became law 30 years ago, has saved California drivers $154 billion on their auto insurance and has lowered auto liability premiums in California by 5.7 percent according to an analysis by Consumer Federation of America. Proposition 103, passed by […]

SACRAMENTO, Calif, Oct. 29, 2018. – Climate scientists warn that rising global temperatures are contributing to severe weather events-fires, hurricanes, droughts, and floods-which are causing or may cause loss of life, injuries, property damage, and economic disruptions. Many residents may not be aware that flood damage is not covered by traditional homeowners’ insurance. Now, more […]

OAKLAND, Calif. Sept. 18, 2018 – Insurance Commissioner Dave Jones today filed an insurance-fraud complaint in Alameda County Superior Court on behalf of the State of California against AbbVie Inc. alleging AbbVie gave illegal kickbacks to health care providers to prescribe HUMIRA-an expensive and dangerous drug with potentially deadly side effects. The case, which is […]

SACRAMENTO, Calif. Aug. 28, 2018 – Insurance Commissioner Dave Jones announced today that a bill he sponsored to protect California wildfire survivors has been signed into law by California Governor Jerry Brown. Assembly Bill 1797, authored by Assemblymember Marc Levine (D-San Rafael), strengthens consumer protections and aims to address critical issues facing wildfire survivors. “This […]

SACRAMENTO, Calif. Aug. 27, 2018 – Insurance Commissioner Dave Jones commended the publication of California’s Fourth Climate Change Assessment (Fourth Assessment), which includes a large body of research on climate impacts and how to respond to them. The California Department of Insurance was a member of the interagency Task Force which led the Fourth Assessment. […]

SACRAMENTO, Calif. Aug. 24, 2018 – Insurance Commissioner Dave Jones approved a filing from Golden Bear Insurance Company amending its California Cannabis program product to lower rates, expand coverage options, and expand the classes of business they will cover. “Golden Bear continues to lead the industry by being the first to offer coverage for cannabis […]

SACRAMENTO, Calif. May 16, 2018- Today, California Insurance Commissioner Dave Jones hosted a national webinar titled Weeding through the Unique Insurance Needs of the Cannabis Industry. With the National Association of Insurance Commissioners (NAIC) Center for Insurance Policy and Research (CIPR), Commissioner Jones brought together nearly 400 industry professionals, stakeholders and media representatives from throughout […]

SACRAMENTO, Calif. May 16, 2018 – Insurance Commissioner Dave Jones announced today he has approved a new product liability and product recall program for the cannabis industry in the State of California. This new cannabis insurance policy, offered by Continental Heritage Insurance Company, provides product liability and product recall coverage against claims arising from commercial […]

SACRAMENTO, Calif. May 8, 2018 – Despite litigation threats from 12 state attorneys general and one governor,Insurance Commissioner Dave Jones has taken another unprecedented step to address climate risk faced by insurers, as the first U.S. financial regulator to conduct a climate-related financial risk stress test and analysis of insurance companies’ investments in fossil-fuels. “The […]

SACRAMENTO, Calif. May 1, 2018 – Insurance Commissioner Dave Jones announced today he has approved the first insurance coverage for commercial landlords that addresses risks specific to renting to cannabis businesses. California Mutual Insurance Company is the first insurer in the state approved to add Lessor’s Risk coverage for property owners who are exposed to […]

LOS ANGELES, Calif. Jan. 31, 2018 — Insurance Commissioner Dave Jones today announced that insurers have received nearly 45,000 insurance claims totaling more than $11.79 billion in losses from the devastating wildfires that burned across the state in October and December 2017 damaging and destroying more than 32,000 homes, 4,300 businesses, more than 8,200 vehicles, […]

SACRAMENTO, Calif. Jan. 4, 2018 – California Insurance Commissioner Dave Jones today released a report on the growing problem of homeowners’ fire insurance availability and affordability in many areas throughout the state. The report recommends needed changes in law—the legislature should enact to effectively address the growing problem, which is likely to get worse as […]

SACRAMENTO, Calif. Dec. 18, 2017 – If passed Tuesday, the GOP tax bill will victimize many disaster survivors a second time by eliminating the federal income tax deduction for wildfires, floods and other disasters not declared a federal disaster by the president. According to a Congressional Research Service report, a total of 16 major disaster […]

SAN FRANCISCO, Calif. Oct. 31, 2017 – Fifteen major insurers reported updated claims loss data to Insurance Commissioner Dave Jones revealing the new total of insured losses from the state’s October wildfires now tops $3 billion-a three-fold increase in just two weeks-and expected to climb still higher according to department officials. “As shocking as $3 […]

SACRAMENTO, Calif. Oct. 12, 2017 – Insurance Commissioner Dave Jones issued the following statement in response to Trump’s executive order to allow the sale of health insurance across state lines and change rules relating to short-term insurance: “Today’s Executive Order is President Trump’s latest attempt to sabotage the Affordable Care Act and undermine state consumer […]