Insurers are thanking their lucky stars, that for the third year in a row, California Gov. Arnold Schwarzenegger’s proposal to impose a 4.8 percent statewide surcharge on all residential and commercial property insurance premiums for fire suppression efforts did not …
Calif. Gov. Arnold Schwarzenegger has vetoed a workers’ compensation insurance measure that would have required an employer and insurer to resolve disputes that arise in California to be resolved in the state, and the second AB 2490 did, however, provide …
Insurers have new incentives to go green, thanks to a new law signed by California Gov. Arnold Schwarzenegger. AB 1011, authored by Assembly Dave Jones, who is running for Insurance Commissioner, requires the state Department of Insurance to collect data …
Insurers in California will now be required to disclose cancellation penalties —prior to or concurrent with an application for insurance — thanks to legislation recently signed by Gov. Arnold Schwarzenegger. Previously, the law stated that an insured was entitled to …
Calif. Rating Bureau Wants to Lower Recommended Workers’ Comp Rate 2% The Workers’ Compensation Insurance Rating Bureau of California announced it will be amending its recommended rate filing to the state insurance commissioner, recommending a 27.7 percent increase in the …
California Gov. Arnold Schwarzenegger has signed into law new rules designed to make it easier for understand their choices when purchasing homeowners insurance. AB2022 will, on July 1, 2011, revise the mandatory language of the California Residential Property Insurance Disclosure …
California Gov. Arnold Schwarzenegger has vetoed a workers’ compensation measure that would have required a physician who conducts a utilization review of workers’ comp medical treatment to be licensed in California (AB 933). “Such a requirement would be inconsistent with …
California Gov. Arnold Schwarzenegger has signed AB 1708 (Villines) into law, requiring the total capital and surplus requirements for nonadmitted insurers in California to be at least $45 million, up from $15 million. The law requires $25 million of this …
Calif. Gov. Arnold Schwarzenegger has signed legislation – AB 1597 authored by Assemblyman Dave Jones to maintain California’s innovative auto insurance program for low-income Californians with good driving records. The California Low Cost Auto Insurance program (CLCA), which was set …
Animal lovers won’t get relief navigating insurance policies for their pets after Gov. Arnold Schwarzenegger vetoed a bill requiring greater disclosure. The Republican governor vetoed legislation that would required insurance companies to provide more information about the level of veterinary …
