Insurance Commissioner Orders Unlicensed Companies to Stop Selling Comp Coverage

California Insurance Commissioner Dave Jones made it official on Wednesday: Labor organizations that don't engage in collective bargaining can't sell workers' compensation insurance without a license. Jones issued the edict by designating as precedential an order upholding a cease-and-desist order that he issued last year against a company accused of selling workers’ compensation coverage without a license, failing to carry reserves or reinsurance, charging assessments to employers that were never paid to the state, and providing employers with certificates indicati...