Industry News
March 15, 2011
Insurance Commissioner Calls on Companies to Invest in Underserved Communities
In a recent Press Release, Insurance Commissioner Dave Jones recently urged California insurance companies to invest in a state program benefitting underserved communities. Jones pushed for insurers to place a portion of the $4 trillion in investments they hold into the California Organized Investment Network (COIN), administered by the California Department of Insurance (CDI), stating there was $4.67 million in state tax credits available until July 1, 2011.
