MoneyBusiness

Actions

California orders insurance premium refunds during outbreak

Posted
and last updated

California's insurance commissioner has ordered some companies to refund premiums for March and April because of the coronavirus pandemic.

Monday's order from Commissioner Ricardo Lara includes insurance premiums paid for workers compensation, medical malpractice and private and commercial auto policies. Insurance companies set rates based on risk. But risk has changed because of the coronavirus. For auto insurance, fewer cars are on the road and that reduces collisions.

Lara said says the order will put money back in people's pockets when they need it most. The order could be extended if closures continue.

A representative from the American Property Casualty Insurance Insurance Association has not yet responded to Lara's order.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Thursday

04/23/2026

Mostly Sunny

76° / 52°

2%

Friday

04/24/2026

Partly Cloudy

81° / 52°

0%

Saturday

04/25/2026

Mostly Cloudy

69° / 51°

24%

Sunday

04/26/2026

Partly Cloudy

70° / 50°

12%

Monday

04/27/2026

Partly Cloudy

74° / 51°

2%

Tuesday

04/28/2026

Partly Cloudy

78° / 55°

4%

Wednesday

04/29/2026

Partly Cloudy

78° / 55°

14%

Thursday

04/30/2026

Partly Cloudy

81° / 56°

16%