Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California’s State Fund Board Declares $100M Dividend
Nov 18 2013 // The board of directors for California’s State Fund Compensation Insurance approved a $100 million dividend to qualifying policyholders for the 2013 policy year. The dividend represents roughly 8.6 percent of...
Business Moves
Nov 18 2013 // R-T Specialty, Westrope Chicago-based national wholesale insurance broker R-T Specialty said it has agreed to merge with another wholesale broker Westrope, based in Kansas City, Mo. Terms of the transaction were not...
California Insurance Broker Sentenced For Scamming Tom Hanks
Nov 18 2013 // A Southern California insurance broker who overcharged Tom Hanks and his wife, Rita Wilson, hundreds of thousands of dollars has been sentenced to more than two years in federal prison. City News Service says Jerry Goldman...
Sutter to Pay $46M To Settle California Anesthesia Case
Nov 18 2013 // One of California’s largest hospital chains has agreed to pay $46 million to settle allegations that its method for billing for anesthesia services was false and misleading. Sutter Health’s decision to pay came...
Safeco in California to Pay Out $3M For Using Credit Scores
Nov 15 2013 // Safeco Insurance Co. has agreed to pay a $900,000 fine and reform its approval process for homeowners and auto insurance coverage, California Insurance Commissioner Dave Jones announced Friday. Safeco was fined for the...
California State Fund CEO and CFO Resign
Nov 15 2013 // Two top executives at California’s State Compensation Insurance Fund have resigned. State Fund President and CEO Tom Rowe and Chief Financial Officer Dan Sevilla will resign from State Fund, the board of directors...
California Senator Says FBI Leaked Affidavit to Retaliate
Nov 15 2013 // California State Senator Ron Calderon said the Federal Bureau of Investigation leaked a sealed affidavit alleging he took $60,000 in bribes to retaliate for his refusal to participate in a sting operation. Calderon filed a...
The Carlyle Group to Invest in EPIC in California
Nov 15 2013 // Edgewood Partners Insurance Center announced that funds managed by global alternative asset manager The Carlyle Group have agreed to acquire a controlling equity stake in the company. The investment is subject to customary...
Insurers, Regulators Question Obama’s Healthcare Promise ‘Fix’
Nov 14 2013 // Insurers and state regulators say that President Barack Obama’s “fix” for policies canceled under his healthcare reform law will create new problems for the industry and could lead to an increase in...
Leavitt Group Purchases Golf Insurance Services in California
Nov 14 2013 // The Northern California office of the Leavitt Group has purchased Golf Insurance Services from George Peterson Insurance Agency. Golf Insurance Services, located in Rancho Cordova, Calif., specializes in providing...
Obamacare Banking on Enrollment Surge Near Deadlines
Nov 14 2013 // Almost 1 million people who applied for health care on the government insurance exchanges last month left without choosing a plan, a pipeline of potential customers the Obama administration must persuade to return. While...
J&J Reaches $4 Billion Settlement of Hip-Implant Suits: Sources
Nov 13 2013 // Johnson & Johnson will pay more than $4 billion to resolve thousands of lawsuits over its recalled hip implants in the largest settlement of U.S. legal claims for a medical device, three people familiar with the deal...
California Lawmaker Removed from Committees Amid FBI Probe
Nov 13 2013 // California State Sen. Ron Calderon was stripped of his committee assignments Tuesday amid a federal investigation involving allegations that he accepted money in return for promoting certain bills. The Senate Rules...
Report Calls for Prior Approval for All States
Nov 12 2013 // Holding automobile insurance regulation in California as an example, the Consumer Federation of America issued a report on Tuesday showing that auto insurance expenditures in America rose by 43 percent on average over the...
California Company Recalls Prepackaged Salad, Sandwich
Nov 12 2013 // More than 90 tons of ready-to-eat salads and sandwiches by a California catering company are being recalled after 26 people in three states were sickened by a bacterial strain of E. coli linked to its products, federal...
5 Southern California Jail Inmates Awarded $740,000 in Force Suit
Nov 12 2013 // A federal jury has awarded $740,000 to inmates who suffered broken bones when guards put down a Los Angeles County jail protest. City News Service reported five inmates were granted the money in an excessive-force lawsuit....
McDonald-Leavitt Names Stout Vice President in California
Nov 8 2013 // The McDonald-Leavitt Insurance Agency in Santa Rosa, Calif. named Brandon Stout vice president in its national restaurant insurance program. Stout specializes in helping clients with high workers’ compensation risks...
California City Says No To Pamplona-Style Bull Run
Nov 8 2013 // One Southern California city has nixed a Pamplona-style bull running event because of safety concerns. The Riverside Press Enterprise reported Lake Elsinore City Manager Grant Yates said Wednesday he denied an application...
Berkshire Hathaway GUARD Expands BOP Product to California
Nov 8 2013 // Berkshire Hathaway GUARD Insurance Companies (formerly known as GUARD Insurance Group) has begun offering its business owners policy (BOP) and umbrella coverage in California. The company already has a presence in the...
Sutter To Pay $46M To Settle California Anesthesia Case
Nov 6 2013 // One of the California’s largest hospital chains has agreed to pay $46 million to settle allegations that its method for billing for anesthesia services was false and misleading. The San Francisco Chronicle reported...
