insurance refunds

INSURANCE COMMISSIONER ISSUES WARNING TO INSURERS WHO OWE AUTO PREMIUM REFUNDS TO CONSUMERS DUE TO PANDEMIC STAY-HOME ORDERS

East County News Service

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November 5, 2021 (Los Angeles) -- California Insurance Commissioner Ricardo Lara issued the following statement after three insurance companies complied with his order to submit additional data to the Department of Insurance about auto premium refunds they provided to consumers during the pandemic and as a result of state and local public health “stay at home” orders. On October 5, he ordered Allstate, CSAA, and Mercury to respond within 30 days or face legal action.


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INSURANCE COMPANIES MUST ISSUE REFUNDS TO CALIFORNIANS IMPACTED BY COVID 19 FOR AUTO, BUSINESS, AND OTHER POLICIES

By Miriam Raftery

April 18, 2020 (Sacramento) --  With many businesses closed or having employees work at home, California Insurance Commissioner Ricardo Lara has found that risks of losses are reduced. So on April 13, the Commissioner ordered insurance companies to issue refunds or credits within 120 days to policyholders adversely affected by COVID-19 including:

  • Private passenger and commercial automobile insurance
  • Workers’ compensation insurance
  • Commercial liability insurance
  • Commercial multiple peril insurance
  • Medical malpractice insurance
  • Any other lines of coverage where risks have dropped due to the pandemic.

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Support community news in the public interest! As nonprofit news, we rely on donations from the public to fund our reporting -- not special interests. Please donate to sustain East County Magazine's local reporting and/or wildfire alerts at https://www.eastcountymedia.org/donate to help us keep people safe and informed across our region.

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