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The adjuster is alleged to have made more than 1,200 bogus payments to 326 co-conspirators. More arrests are expected.
The proposed reforms show a sea change from where the California Department of Insurance was six months ago.
These are 2023 legislative priorities for the Wholesale and Specialty Insurance Association and its members.
Insurance industry news from ACORD, SIAA, Burns & Wilcox and more.
By underreporting payroll, the construction business shortchanged its workers' comp carrier by more than $790K in premium payments.
The company said the move will affect only Farmers-branded policies and will not affect policies sold in Florida by subsidiaries Foremost and Bristol West.
Insurance industry news from Corvus Insurance, Admiral Insurance Group, NFP and more.
Florida CFO Jimmy Patronis said the state is broadening its investigation into alleged insurance fraud.
The deputies will be charged with overseeing the implementation of recently enacted insurance legislation.
The contractor faces five years in prison if convicted of workers' comp fraud and unlicensed contracting during a state of emergency.