Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Bill Regulating Health Insurance Rates Passes Committee
Jul 7 2011 // A California bill that would allow state officials to reject rate increases proposed by health insurers has passed a key committee vote. The Senate Health Committee approved the measure in a 5-3 vote. The bill, AB52, now...
Freeway Names Waked CEO; Klaeb to Serve as Chairman
Jul 6 2011 // Joseph Waked has been named CEO of Buena Park, Calif.-based Freeway Insurance, a subsidiary of New York-based Confie Seguros. Founded in California in 1987, Freeway Insurance has more than 190 locations and some 1,200...
California Workers’ Compensation Law Draws Scrutiny with NFL Case
Jul 5 2011 // A leading Republican in the California State Legislature said he will push for an overhaul of a state labor law that makes the Golden State a magnet for workers’ compensation claims by injured former professional...
Calif. Appeals Court Declines to Review Workers’ Comp Decision
Jul 4 2011 // Fifth District Court of Appeal in California has refused to review the Workers’ Compensation Appeals Board’s (WCAB) en banc decision in State Compensation Insurance Fund (SCIF) v. WCAB (Almaraz). This means...
Surplus Lines Sea Change: Calif.’s AB 315
Jul 4 2011 // California is expected to pass surplus lines regulations before July 21, 2011. On that date, the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA) becomes effective, and only the “insured’s home...
Calif. Homeowners Underinsurance Face Challenges
Jul 4 2011 // A series of new California homeowners regulations aimed at enhancing the standards and training for estimating the replacement value on homeowners’ insurance took effect on June 27. Meanwhile, two insurance trade...
Californians’ Biggest Disaster Fear: Earthquakes
Jul 4 2011 // Of the many possible natural disasters that could befall Californians, Golden State residents fear earthquakes the most, according to a recent poll. Statewide, 57 percent of voters cite earthquakes as their greatest threat...
Freeway Insurance Promotes Trachtman to Chief Administrative Officer
Jun 30 2011 // Freeway Insurance, a California provider of non-standard auto insurance and a subsidiary of New York-based Confie Seguros, announced today the promotion of Alex Trachtman to chief administrative officer from his previous...
Calif. Court Limits Employer’s Liability in Acts by Employees
Jun 29 2011 // The California Supreme Court has confirmed a limitation on an employer’s potential tort liability for the acts of its employees, with a particular emphasis on employees operating motor vehicles in the course of their...
Calif. Contractor Sentenced for Insurance Fraud
Jun 29 2011 // California Insurance Commissioner Dave Jones announced that Monica Mui Ung, 51, owner and president of NBC General Contractor Corp. (NBC), has entered guilty pleas in Alameda Superior court for violating section 11880 of...
California Court Approves $10.5 Million Settlement With Aon
Jun 29 2011 // A Los Angeles Superior Court judge has given final approval to a $10.5 million class action settlement involving Aon Insurance Services Inc., according to the plaintiff’s’ attorney. The plaintiffs alleged that...
Calif. Cost Per Workers’ Comp Claim Rising, CWCI Says
Jun 28 2011 // The number of California workers’ compensation insurance claims fell 13 percent between policy years 2007 and 2008 to 358,077 claims. However, a new report by the Workers’ Compensation Insurance Rating Bureau...
Calif. Homeowners Underinsurance Regs Take Effect, Despite Legal Challenges
Jun 28 2011 // A series of new California homeowners regulations aimed at enhancing the standards and training for estimating the replacement value on homeowners’ insurance in the event of a disaster took effect on June 27....
Calif. Returns Workers’ Comp to ‘Bad Ole Days’
Jun 27 2011 // When the Fifth District Court of Appeal (DCA) in California refused to review the Workers’ Compensation Appeals Board’s (WCAB) en banc decision in State Compensation Insurance Fund (SCIF) v. WCAB (Almaraz) on...
Report: SoCal Quake Would Rattle Economy
Jun 24 2011 // A new study says a big Southern California earthquake would rattle the region’s economy as well as its buildings. The U.S. Bureau of Labor Statistics said a magnitude-7.8 quake in the southern segment of the San...
Californians’ Biggest Disaster Fear: Earthquakes
Jun 24 2011 // Of the many possible disasters that could befall Californians, Golden State residents fear earthquakes the most, according to a recent poll. Statewide, 57 percent of voters cite earthquakes as their greatest threat from...
Former Association of California Insurance Companies President Joins Barger & Wolen
Jun 22 2011 // Samuel Sorich, the former president of the Association of California Insurance Companies (ACIC), a California property/casualty insurance trade association, has joined Barger & Wolen as of counsel. Sorich, who has been...
Mobile Food Vendor Market Explodes as Insurance Market Evolves
Jun 21 2011 // In just about every metropolitan area nationwide hungry customers can appease their appetites by visiting the neighborhood taco truck. The traditional taco truck sells more than just tacos these days – a lot more....
Wave of Lawsuits Hits Calif. Retail Stores
Jun 20 2011 // Retail store operators may want to sit down for this one — if they can find a chair. Nearly every national chain is under legal attack in California for failing to provide “suitable seating” for cashiers...
Business Moves
Jun 20 2011 // EPIC California-based EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, was recognized as a “Best Place to Work in the Bay Area” for the fourth...
