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California Insurance regulator hits Tesla with enforcement notice

Tesla has been hit with an enforcement action by the California Department of Insurance (CDI) over claims of routinely delaying or denying claims. The enforcement action is coming after years of ...
Nasdaq

Verisk Sets Precedent as First to Complete Wildfire Catastrophe Model Review Process in California for Insurance Ratemaking

JERSEY CITY, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- In a milestone for California’s evolving insurance landscape, the California Department of Insurance (CDI) has completed its review of the Verisk ...
Los Angeles Daily News

Mercury to seek new home insurance rates using California’s risk modeling system

Mercury Insurance is preparing to file updated home policy rates in California using a new catastrophic modeling system designed to give property owners a lifeline to more affordable coverage in ...
Morningstar

Updated CA Insurance Department Data Shows Time To Rate Approvals Same With or Without Intervenors, Public Citizen Chimes In Against Revenge Regulations, says Consumer Watchdog

Approvals are approximately 45 days faster on average for Consumer Watchdog auto insurance challenges as opposed to when CDI reviews auto insurance rate hikes alone (6.5 months with CW vs 8 with just ...
WFMZ-TV

California Moves Against Tesla Insurance Over Thousands of Policyholder Complaints | Insurify

California regulators have threatened to revoke Tesla Insurance’s license to sell auto coverage in the state following thousands of customer complaints about the company’s claims handling. In a ...
Wane

The California Insurance Company (CIC) Weighs Options Following Latest Turn in Six-Year Battle with California Department of Insurance (CDI)

Closely watched litigation pits the insurer in opposition to overreaching regulatory actions to block its redomestication out of California, as the State's insurance market suffers unavailability and ...