Declarations

Climate Change

“Climate change will have major implications for the insurance industry, yet few insurance companies are identifying their potential exposure and strategies for dealing with it.”

—Andrew Logan, insurance program director at Ceres, an investor group that has been active in pushing for stronger climate disclosure by the industry, speaking on California Insurance Commissioner Dave Jones’ announcement that the California Department of Insurance has joined with Washington and New York to require insurers to disclose the effects of climate change on their business.

Big Brother Isn’t Everywhere

“Government can’t be everywhere.”

—Len Welsh, acting chief counsel for California Department of Industrial Relations’ litigations unit, and a former chief of Cal-OSHA from 2003 to 2011, noted that Cal-OSHA has some 240 inspectors to police the state’s estimated 1.3 million businesses.

Workers’ Comp

“Coming into this new year, certainly, workers’ compensation is an issue everybody expects to be a top-tier issue for the 2012 legislative session.”

—John Norwood, principal of Norwood & Associates, one of California’s best known legislative advocates for the insurance and financial services sectors.

Brazilian Blowout

“California laws protect consumers and workers and give them fair notice about the health risks associated with the products they use.”

—California Attorney General Kamala Harris said in announcing a settlement of a lawsuit filed in November that forced labeling changes against the company that makes Brazilian Blowout products. The maker of a popular line of hair-straightening products has agreed to alert consumers that two of its formulations emit formaldehyde gas, a possible carcinogen.

Topics California Workers' Compensation