Insurance

Insurance Commissioner Poizner Issues Statement On Legislation To Reform State Compensation Insurance Fund

SACRAMENTO - Insurance Commissioner Steve Poizner today issued the following statement regarding Governor Arnold Schwarzenegger's signing of Senate Bill (SB) 1145 (Machado, D-Linden) and Assembly Bill (AB) 1874 (Coto, D-San Jose), which help reform the State Compensation Insurance Fund (SCIF), one of the largest workers' compensation insurance companies

Insurance Commissioner Poizner Warns AIG Policyholders To Be Cautious If Approached To Replace Policies

SACRAMENTO - Insurance Commissioner Steve Poizner reaffirmed that insurance companies owned by AIG continue to have the risk-based capital needed to operate in California and warned policyholders of AIG-owned insurance companies to beware of possible cancellation costs if they are approached about switching insurance companies.

Insurance Commissioner Poizner Issues Statement On New Consumer Protections For Seniors Targeted By Misleading Agents And Brokers

SACRAMENTO - Insurance Commissioner Steve Poizner today issued the following statement regarding Governor Arnold Schwarzenegger's signing of AB 2150 by Assemblymember Patty Berg (D-Eureka), which helps protect consumers by preventing the financial abuse of seniors.