DOI News

Diverse Candidates Running for California Insurance Commissioner

One way or another, California’s next insurance commissioner will be the first of his kind. The June 5 primary features Democrats Dr. Asif Mahmood and Sen. Ricardo Lara against former commissioner Steve Poizner. Mahmood would be the first Muslim to …

Arizona Mortgage Insurer Subsidiary Seized by Regulators

Insurance regulators in Arizona have seized the main subsidiary of private mortgage insurer PMI Group Inc. A statement on PMI’s website says a court order gives Arizona’s Department of Insurance full possession and control of the Arizona-based subsidiary, PMI Mortgage …

Texas’ February Enforcements Bring Nearly $1M in Fines, Restitution

Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during February 2011 resulted in fines and restitution totaling $920,170. The Texas Department of Insurance announced that the actions included six license revocations and three license denials. Numerous …