Dave Jones

• Mercury, Calif. Department, Consumer Group Spar over Insurer's Homeowners Rates

  By Arthur D. Postal, PropertyCasualty360.com  |  March 6, 2013

  The California insurance commissioner Tuesday said he would defend in court his decision to require Mercury Insurance Co., to reduce its homeowners-insurance rates in the state effective in June.

• The California Commissioner’s Office on Climate Change

  By Bryant Rousseau, PropertyCasualty360.com  |  February 5, 2013

  California is one of the three states, along with New York and Washington, that has initiated the joint administration of a survey asking all insurance companies writing more than $300 million in direct written premium to discuss the steps they are taking to address climate change.

• California Pursues Further Forced-Place Rate Reductions

  By Arthur D. Postal, PropertyCasualty360.com  |  February 1, 2013

  The state's regulator is pressuring QBE to reduce rates by 35 percent and announced that Great American Assurance Company has reduced premiums by 28 percent in its forced-place program.

• AIG-Related Insurer Fined Nearly $6M for ‘Unfair Business Practices’

  By Claims Staff  |  January 28, 2013

  As National Union Fire Insurance Co. of Pittsburgh now knows first-hand, the cost of non-compliance is steep.

• AIG-Related Insurer Pays Nearly $6M for Claims, Misc. Violations

  By Staff Writer  |  January 14, 2013

  A member of AIG's Chartis Group incurs hefty penalty for claims processing errors, license violations and other infractions.

• California Orders Rate Cut of over 30% for Assurant's Force-Placed Business

  By Arthur D. Postal, PropertyCasualty360.com  |  October 24, 2012

  California has imposed a higher-than-expected rate cut on Assurant’s force-placed line of insurance business in the state, creating concern by an analyst that other states might follow suit and the profitability of the line nationwide may be substantially reduced.

• Insurer Groups Question Savings in California Workers' Comp Reform Bill

  By Arthur D. Postal, PropertyCasualty360.com  |  August 28, 2012

  Proposed workers’ compensation reform legislation introduced in the California state legislature is getting a thumbs down from insurance trade groups.

• Bay Area Bust: Fraud Ring Leaders Rack Up 90 Felony Counts

  By Christina Bramlet, PropertyCasualty360.com  |  August 1, 2012

  Two Fresno, Calif. men will stand trial after allegedly operating a fraud ring that siphoned more than $600,000 from insurers and, by extension, innocent consumers.

• Change in Procedures Lets Medical Malpractice Industry Thrive

  By Arthur D. Postal PropertyCasualty360.com  |  May 14, 2012

  The medical-liability insurance industry has recently seen positive results and is working to minimize the “peaks and valleys” that it has historically seen, according to Brian K. Atchinson, the new president and chief executive officer of the Physician Insurers Association of America (PIAA).

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  The Week in Quotes

  By Staff Writers  |  April 13, 2012

  ACE's Evan Greenberg on government regulation, the Fed's Ben Bernanke on AIG and the "shadow-banking" system, Willis' Joseph Plumeri with advice for risk managers, and more.

• Featured Fraud: SoCal Security Breach

  By Christina Bramlet, PropertyCasualty360.com  |  April 12, 2012

  One man’s days in the sun could be numbered after he allegedly committed insurance fraud to collect thousands in undeserved workers’ compensation benefits. 

• Two Calif. MedMal Insurers Lower Rates upon Department Request

  By Arthur D. Postal, PropertyCasualty360.com  |  April 11, 2012

  Two California medical-malpractice insurers have agreed to lower their premiums, a decision the state-insurance commissioner says will lower costs to healthcare providers in the state by $4 million.

• Featured Fraud: SoCal Security Breach

  By Christina Bramlet, PropertyCasualty360.com  |  April 6, 2012

  One man’s days in the sun could be numbered after he allegedly committed insurance fraud to collect more than $40,000 in undeserved workers’ compensation benefits.

• FSR: FIO Should Coordinate Federal Insurance Activity to Avoid Onerous Demands

  By Arthur D. Postal, PropertyCasualty360.com  |  March 16, 2012

  The Financial Services Roundtable wants the Treasury Department to use the Federal Insurance Office to coordinate all federal-agency activities regarding insurance in order to ensure that onerous and duplicative federal intervention in the insurance business does not occur.

• No Confidentiality for Carriers on Climate Survey

  By Mark E. Ruquet, PropertyCasualty360.com  |  February 3, 2012

  If insurers were hopeful that at the least their mandatory responses to the Climate Risk Survey required in three states would remain confidential they will be very disappointed to discover that won’t be the case.

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  Calif., N.Y. & Wash. State to Make Climate Change Survey Mandatory

  By Mark E. Ruquet, PropertyCasualty360.com  |  February 2, 2012

  Citing the need for regulators to understand how the risk of climate change can impact carriers, three states say they will require insurers to respond to the climate-risk survey adopted by the National Association of Insurance Commissioners in 2009.