California Insurance Commissioner Approves Stipulation In Premium Overcharge Dispute

Mealey's (April 7, 2023, 2:53 PM EDT) -- LOS ANGELES — California Insurance Commissioner Ricardo Lara approved the terms of a stipulation between the California Department of Insurance (CDI) and Kemper Independence Insurance Co. settling the CDI’s allegation that the insurer violated California Insurance Code and California Code of Regulations when it failed to seek the commissioner’s prior approval of a change to its wildfire surcharge....