Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Workers’ Comp Board Submits Lower Filing than Industry Average
Apr 11 2017 // The Workers’ Compensation Insurance Rating Bureau on Tuesday submitted a July 1 Pure Premium Rate Filing to the California Department of Insurance proposing advisory pure premium rates that average $2.02 per $100 of...
Report: Claims from Workers in California’s Sierras Involve Only 4 Industries
Apr 11 2017 // More than half of all claims from workers living in California’s Sierras involve only four industries, according to a report out today from the California Workers’ Compensation Institute. The CWCI’s...
Owners of California Hotel Cleaning Firm Plead Guilty to Workers’ Comp Fraud
Apr 11 2017 // The owners of a cleaning company serving luxury hotels in Southern California and Nevada have pleaded guilty in connection with a nearly $7 million insurance and tax scam. The San Diego Union-Tribune reported Hyok...
RIC Brings on Herron in Southern California from Hanover
Apr 10 2017 // RIC Insurance General Agency has named Patty Herron a business development manager to expand its commercial and personal lines marketing efforts. Herron will work primarily with retail insurance agents in California in...
Watchdog Group Wants California to Look into Claims in ProPublica Report
Apr 7 2017 // Consumer Watchdog, a California-based advocacy group, is asking the state’s insurance commissioner to open an investigation into the alleged redlining uncovered by a ProPublica report that claims that four auto...
California Governor Wants to Unite Marijuana Laws
Apr 7 2017 // Whether one entity can legally grow and sell marijuana at the retail level in California is emerging as one of the biggest conflicts state authorities are wrestling with as they move to streamline regulations and adopt the...
California Worker’s Comp Governing Committee Votes for Lower Mid-Year Filing
Apr 6 2017 // The insurer and public members of the Workers’ Compensation Rating Bureau Governing Committee have voted to authorize the Governing Committee to submit a lower mid-year pure premium rate filing to the California...
Trov in California Closes $45M in Series D Financing for Insurtech
Apr 6 2017 // San Francisco, Calif.-based Trov announced that it has closed $45 million in Series D funding led by Munich Re/HSB Ventures, bringing its total funding to just over $85 million. All of Trov’s Series C investors...
JLT Specialty Names Shiels Senior Vice President in California
Apr 6 2017 // JLT Specialty USA has named Gavin Shiels senior vice president. Shiels will be based in San Francisco, where his primary focus will be on client development within JLT’s real estate practice. Shiels has more than a...
Starr’s Caporelli Joins Rockhill Environmental Team in California
Apr 6 2017 // The Rockhill Insurance Group has named Steve Caporelli to its environmental unit. Caporelli will be based in the San Francisco, Calif. office. Caporelli more than 15 years of underwriting and risk assessment experience. He...
Claims Manager at Golden Bear in California Addresses Agency Fraud
Apr 6 2017 // Powered by InsuranceJournal.tv Beth Ossino, claims manager at Golden Bear Insurance Co. in Stockton, Calif., puts dealing with agency fraud high on her radar. She talked with Insurance Journal about agency fraud, and how...
ProPublica Report Alleges Auto Insurers Overcharge Minorities
Apr 5 2017 // A new report published by ProPublica accuses the auto insurance industry of pricing discrimination against minorities. The report, titled Minority Neighborhoods Pay Higher Car Insurance Premiums Than White Areas with the...
Alliant Acquires SES Insurance Brokerage Services in Southern California
Apr 5 2017 // Alliant Insurance Services Inc. has acquired SES Insurance Brokerage Services Inc. in Santa Ana, Calif. SES will join Alliant MGA and program administrator. The executive leadership team of SES will continue to operate the...
Online Tool Locates California Agents, Brokers Who Speak A Foreign Language
Apr 4 2017 // The California Department of Insurance has launched an online language locator tool to enable consumers to find insurance agents and brokers in their area who speak their language. The tool gives access to information on...
Ascension Acquires Yosemite Pacific’s California Operations
Apr 4 2017 // Walnut Creek, Calif.-based Ascension Insurance Services Inc., dba Pan American Insurance Agency Inc., entered into an agreement on March 31 with Ag Providers Insurance Services LLC, dba Yosemite Pacific Insurance Services...
California State Fund 2016 Report Shows 128K Policies Written
Apr 4 2017 // The California State Compensation Insurance Fund’s 2016 annual report shows a net income of $192 million in 2016. Other important highlights from the newly released report include: 128,000 policies written in...
CastlePoint National in California Ordered into Liquidation
Apr 3 2017 // CastlePoint National Insurance Co., the California insurance company affiliate of the defunct Tower Group, has been ordered into formal liquidation, paving the way for protection of CastlePoint’s policyholders...
Non-Compete Agreements and Poaching Take Spotlight in Aon – Alliant Lawsuit
Apr 3 2017 // A legal battle between two insurance brokerages over whether a former employee violated noncompete agreements and poached numerous employees is not over yet, but the brokerage bringing the charges has scored key early...
A Look at Restrictive Covenants and Obstacles that Keep Producers from Making a Move
Apr 3 2017 // If someone were to offer you $1 million to make a job move, would you? What if that move meant you’d go through some lean years? For $1 million, you’d likely tolerate several lean years. An entrepreneurial...
California Workers Comp Medical Review Volume Hit a Record in 2016
Apr 3 2017 // The California workers’ compensation independent medical review process used to resolve medical disputes found that in 2016 IMR physicians once again upheld about 90 percent of utilization review (UR)...
