Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Confie Seguros Acquires Stonewood in California
Aug 6 2012 // Confie Seguros has acquired Stonewood Insurance Services Inc., an agency that specializes in writing California non-standard personal automobile coverage. Stonewood, a general agency formed in 200, is led by Presidetn...
Up Next: California’s Wildfire Season
Aug 6 2012 // With Colorado’s and New Mexico’s record wildfire seasons freshly in mind, some experts are starting to take note that California’s wildfire season is nearing, and with that there are two main points to be...
$31M Jury Award for Unsafe Calif. Highway
Aug 6 2012 // Jurors say California’s transportation agency is partly responsible for a dangerous stretch of highway dubbed “Blood Alley” and a severely injured motorcyclist should get more than $31 million. The San...
Conference: Risk, Returns, Regulation and More Regulation
Aug 6 2012 // Coming off a rough few years of recession, then a disaster prone 2011 — and then more global uncertainty in 2012 — the world and the insurance industry have a few things to look forward to in the next year. They also...
Mercury Reports Net Loss From Increased Severity
Aug 6 2012 // Mercury General Corp. on July 30 reported a net loss for the second quarter driven partly by an increase in severity trends, sending the Los Angeles, Calif.-based insurer’s shares down nearly 6 percent on that...
Report: Calif. Head and Spine Injuries Cost $500M in 10 years
Aug 6 2012 // Head and spinal injuries cost California’s workers’ compensation insurers more than $500 million over 10 years, according to the California Workers’ Compensation Institute’s “Injury Score...
People – West
Aug 6 2012 // Cary W. White joined San Jose, Calif.-based Thoits Insurance as vice president. White is responsible for new business production, client retention and relationship management. White has more than 25 years of experience in...
Prop. 33 Proponents: Ballot Writers Don’t Understand Insurance Industry
Aug 1 2012 // As proponents of California Proposition 33 await a hearing on a lawsuit they filed to change some wording in voter guide statements for the upcoming November election, they’re hoping to avoid the damage that could be...
Mercury Reports Net Loss From Increased Severity
Jul 30 2012 // Mercury General Corp. on Monday reported a net loss for the second quarter driven partly by an increase in severity trends, sending the Los Angeles, Calif.-based insurer’s shares down nearly 6 percent. The...
2 Calif. Men Arrested In Insurance Fraud Scam
Jul 30 2012 // Authorities say two California men were arrested this week on suspicion of running an insurance fraud scam that bilked multiple companies for hundreds of thousands of dollars. Insurance Commissioner Dave Jones said Friday...
California Court Reinstates Lawsuit Against Glock
Jul 27 2012 // A California appeals court has reinstated a now-retired paralyzed Los Angeles police officer’s product liability lawsuit against gun manufacturer Glock. Enrique Chavez was paralyzed from the waist down when his...
Conference: Risk, Returns, Regulation, and More Regulation
Jul 26 2012 // Coming off a rough few years of recession, then a disaster prone 2011 – and then more global uncertainty in 2012 – the world and the insurance industry have a few things to look forward to in the next year. They also...
Interior Plan Expedites Solar Development In West
Jul 25 2012 // The Obama administration moved Tuesday to streamline the development of large-scale solar projects on public lands by approving 17 vast tracts across the West it says has the highest power-generating potential and the...
Report: Calif. Head and Spine Injuries Cost $500M in 10 years
Jul 25 2012 // Head and spinal injuries cost California’s workers’ compensation insurers more than $500 million over 10 years, according to the California Workers’ Compensation Institute’s “Injury Score...
Ernst & Young’s Tony Anderson to Be Honored By City Of Hope
Jul 25 2012 // City of Hope’s National Insurance Industry Council will honor Anthony “Tony” Anderson, retired vice chairman and Midwest managing partner of Ernst & Young LLP, with its 2012 Spirit of Life Award. The...
Apple Claims $2.5 Billion Damages in Samsung Patent Case
Jul 25 2012 // Apple Inc. claims it is entitled to $2.525 billion of damages in its high-stakes battle against Samsung Electronics Co over patents for technology used in smartphones and tablets, such as the iPhone and iPad. The estimate...
$31M Jury Award For Unsafe Calif. Highway
Jul 23 2012 // Jurors say California’s transportation agency is partly responsible for a dangerous stretch of highway dubbed “Blood Alley” and a severely injured motorcyclist should get more than $31 million. The San...
N.Y. Judge: Aon’s Poaching Suit Against Alliant Ins. Can Proceed
Jul 23 2012 // A New York court ruled recently that Aon Risk Services Northeast can proceed with its lawsuit against California-based Alliant Insurance Services involving employment covenants. Aon alleged that several of its former...
Iran Investment Bill Well-Intentioned, But Unconstitutional
Jul 23 2012 // In a May 7 speech during her visit to India, Secretary of State Hillary Clinton said that the principal threat to the world is a nuclear-armed Iran because Iran is a state sponsor of terrorism. It is understandable that...
Portable Persistency Now Prop. 33; Consumer Watchdog Attacks
Jul 23 2012 // An initiative to establish portable persistency discounts for automobile insurance this month was assigned a number by the California Secretary of State, and shortly afterward the newly named Proposition 33 came under...
