California Insurance Commissioner Steve Poizner today announced that he will launch an effort to probe insurance company investments for ties to Iran and immediately direct California-based insurance companies to divest any direct holdings in the Iranian government.
Insurance Commissioner Steve Poizner today warned Sacramento policymakers that their proposal to eliminate the discretion that prosecutors currently have to classify dozens of crimes - including types of insurance fraud - as either a felony or a misdemeanor and instead make them all misdemeanors would have the unintended consequence of severely eroding the state's efforts to fight insurance fraud and convict criminals.
Insurance Commissioner Steve Poizner encouraged Southern California homeowners to protect their assets in the event of a disaster. Commissioner Poizner was joined by Fireman's Fund Chairman Chuck Kavitsky at the Burbank Fire Department, where he advised all local homeowners to proactively prepare for fires and other potential disasters by conducting a home inventory, creating an emergency action plan, increasing defensible space around their properties and updating their insurance policies.
Commissioner Poizner hosted a hearing today to examine the cause of the alleged increased costs in the workers' compensation system. The photos below were taken in Sacramento, CA.
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