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13 May 2024, 2:05 pm by Yosi Yahoudai
With insurers continuing to pull back from the California’s homeowners’ market, Gov. [read post]
26 Apr 2024, 11:58 am by Yosi Yahoudai
“We’re working with the California Department of Insurance to improve insurance availability in the state. [read post]
25 Apr 2024, 6:52 am by Daniel J. Gilman
Justice Department’s (DOJ) Antitrust Division, and a former FTC general counsel. [read post]
19 Apr 2024, 2:06 pm by Yosi Yahoudai
Tokio Marine America Insurance Co. and Trans Pacific Insurance Co. submitted filings to the California Department of Insurance stating they will not renew 12,556 homeowners policies with a premium value of $11.3 million starting July 1. [read post]
2 Apr 2024, 10:56 am by Adam Klasfeld
New York’s Appellate Division, First Department simply delayed a reckoning on the enforcement of the judgment, and that’s what the $175 million — provided by the California-based Knight Specialty Insurance Company, owned by the so-called “king of subprime car loans” Don Hankey — has accomplished. [read post]
23 Mar 2024, 6:13 pm by Daniel Barry
California: In June 2022, the California Department of Insurance issued Bulletin 2022-5[7] which broadly addresses allegations of racial bias and unfair discrimination in marketing, rating, and claims practices by the insurance industry. [read post]
18 Mar 2024, 6:00 am by Sherica Celine
As such, the below includes a section on the FTC’s role in enforcing privacy and cybersecurity violations through its authority to bring actions for unfair or deceptive acts or practices under Section 5 of the FTC Act. 2 Health Insurance Portability and Accountability Act The HIPAA statute itself says little about privacy and security directly but instead creates privacy standards for “covered entities” through the rules developed by the Department of Health and… [read post]
17 Feb 2024, 3:00 am by Public Employment Law Press
READ MORE   California’s Recent Flooding Highlights ‘Disaster Insurance Gap’ Of the eight Southern California counties that were under a state of emergency during the most recent storm, only 52,820 homes and businesses were covered by flood policies. [read post]
17 Feb 2024, 3:00 am by Public Employment Law Press
READ MORE   California’s Recent Flooding Highlights ‘Disaster Insurance Gap’ Of the eight Southern California counties that were under a state of emergency during the most recent storm, only 52,820 homes and businesses were covered by flood policies. [read post]
22 Jan 2024, 11:54 am by Zachary Lerner
On the other hand, some states require additional declinations from risk pools; in California, per Cal. [read post]
19 Jan 2024, 3:00 am by Jim Sedor
The Committee on Ethics and Elections also approved several bills related to campaign finance and one that would limit the terms of county commissioners. [read post]
12 Jan 2024, 3:00 am by Jim Sedor
The commission’s rules also bar commissioners from having private discussions about bids with vendors. [read post]
22 Dec 2023, 11:26 am by Cynthia Marcotte Stamer
“While this is a legitimate credit that has provided a financial lifeline to millions of businesses, there continue to be promoters who aggressively mislead people and businesses into thinking they can claim these credits,” said Acting IRS Commissioner Doug O’Donnell. [read post]
19 Dec 2023, 4:31 pm by Currin Compliance
Commissioner Lara Highlights Regulatory Changes in Testimony on Sustainable Insurance Strategy: Consumer Watchdog Encourages More ScrutinyCommissioner Ricardo Lara testified before the state assembly members on December 13, 2023, and consistent with the press release issued by the California Department of Insurance, Lara opened his testimony before the Assembly Committee on Insurance with the statement that “California is at an… [read post]
18 Dec 2023, 2:48 pm by CFM Admin
December 18, 2023 Clients, Friends, and Associates: As we near the end of 2023, we have highlighted some recent industry developments that will likely impact many of our clients. [read post]
The Labor Commissioner also updated the California paid sick leave poster, which you will need to replace in your workplace, and the Department of Industrial Relations updated its California Paid Sick Leave Frequently Asked Questions, which endeavor to answer many of the questions employers may have, including how to transition an existing policy to one that is compliant with the increased allowances. [read post]