Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
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...
St. Paul Fire & Marine Sues Denver Broncos
Jun 20 2011 // St. Paul Fire & Marine Insurance has filed a lawsuit against the Denver Broncos and nine of its former players, saying its policies only covered claims in New Mexico for a “class of employee that did not include...
Declarations
Jun 20 2011 // Toyota Claims Setback “Application of California law to a nationwide class, at least in some instances, would drastically expand the scope of relief available to plaintiffs (to the detriment of Toyota).”...
Calif. Workers’ Comp Total Temporary Disability Rates to Increase
Jun 20 2011 // California workers’ compensation total temporary disability (TTD) rates are likely to rise, thanks to new U.S. Department of Labor data that shows California’s State Average Weekly Wage (SAWW) rose more than...
Calif. State Fund Seeks to Offer Workers’ Comp in Other States
Jun 20 2011 // California State Compensation Insurance Fund is pursuing legislation to allow it to offer coverage to California employers who have out-of-state employees. Currently, California-based businesses insured with State Fund...
Court Approves Majestic Insurance Rehabilitation Plan
Jun 20 2011 // A San Francisco Superior Court has approved California Insurance Commissioner’s rehabilitation plan for Majestic Insurance Co., a failed workers’ compensation insurance carrier. Under the plan, Majestic’s...
Calif. Agents Group Seeks Auto Insurance Persistency Discount
Jun 20 2011 // The American Agents Alliance announced it has submitted for title and summary an automobile insurance discount initiative that would allow consumers to receive a discount for having continuous automobile insurance,...
Calif. Appeals Court Declines to Review Workers’ Comp Decision
Jun 17 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 that...
Calif. Temporary Total Disability Rates to Increase
Jun 17 2011 // As predicted by the California Workers’ Compensation Institute, the temporary total disability rate in California for 2012 will increase to $1010.50. The state Division of Workers’ Compensation announced the...
Surplus Lines Sea Change: Calif.’s AB 315
Jun 17 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...
Average Long Term Care Liability Claim Rising: Aon Study
Jun 17 2011 // Long term care liability costs are rising because the average claim size is increasing even as claim frequency declines. There has been a four percent increase in the average claim size, according to research by Aon Risk...
Ohio Workers’ Comp Bureau Caught in Pensions’ Currency Dispute
Jun 16 2011 // Ohio Treasurer Josh Mandel has asked for a state investigation into whether banks may have manipulated foreign exchange rates charged to Ohio pension funds and the state’s injured worker insurance, potentially...
Anthony Clark Sells Southern California Agency
Jun 13 2011 // Calgary, Alberta, Canada-based Anthony Clark International Insurance Brokers Ltd., has announced the sale by its United States subsidiaries Addison Low Cost Insurance Brokers Ltd. and Addison Bay Insurance Brokers Ltd. of...
Toyota to Face 2013 Trial Over Sudden Acceleration
Jun 13 2011 // A federal judge has chosen a Utah crash that killed two people as the first bellwether trial in nationwide litigation over whether Toyota Motor Corp. made defective vehicles that sped up unexpectedly. U.S. District Judge...
Judge Hands Toyota Owners Setback in U.S. Lawsuit Over Losses
Jun 10 2011 // A federal judge said Toyota owners outside California who seek to recover losses in their vehicles’ value resulting from unintended acceleration cannot pursue their claims under that state’s...
St. Paul Fire & Marine Sues Denver Broncos
Jun 10 2011 // St. Paul Fire & Marine Insurance has filed a lawsuit against the Denver Broncos and nine of its former players, saying its policies only covered claims in New Mexico for a “class of employee that did not include...
Calif. Workers’ Comp Total Temporary Disability Rates to Increase
Jun 8 2011 // New U.S. Department of Labor data shows California’s State Average Weekly Wage (SAWW) rose more than 2.4% from $979.90 to $1003.55 in the 12 months ending March 31, 2011, which the California Workers’...
Riverside County Approves Crash Tax
Jun 8 2011 // The Riverside County, Calif., Board of Supervisors has voted 4 – 0 to charge at-fault drivers in auto accidents a fee for emergency response services. The ordinance backed by the Riverside County Fire Department and...
Calif. Agents Group Seeks Auto Insurance Persistency Discount
Jun 7 2011 // The American Agents Alliance announced it has submitted for title and summary an automobile insurance discount initiative that would allow consumers to receive a discount for having continuous automobile insurance,...
Manning Riddell Co-Owner Pleads Guilty to Bogus E&O Coverage
Jun 6 2011 // Margaret Murray Manning of Redondo Beach, Calif., has been found guilty of six felony counts for violating section 550(b) (3) of the California Insurance Code, for allegedly issuing more than 1,000 phony errors and...
