Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Supreme Court Rules on Workers’ Comp Payment Increases
Aug 12 2011 // The California Supreme Court has ruled that cost of living adjustments in total permanent disability cases are to be calculated starting the January 1 after the injured worker started collecting his or her payments. The...
California Insurance Commissioner Addresses Insurer S&P Downgrade
Aug 11 2011 // California Insurance Commissioner Dave Jones yesterday issued the following statement in regard to the downgrade by Standard & Poor’s (S&P) of the credit rating of certain insurers from AAA to AA+ associated...
Southern California’s Momentous Adds New In-House Counsel
Aug 11 2011 // Kathleen Bragg-Pebley has joined Momentous Insurance Brokerage, of Van Nuys, Calif., as in-house counsel effective August 1, 2011. She was previously a senior associate at Wilson Elser and has over a decade of legal...
Workers at California’s PG&E Claim Safety Ignored
Aug 10 2011 // A Northern California newspaper is reporting that Pacific Gas and Electric repeatedly ignored safety concerns raised by its employees in the years before last year’s deadly pipeline explosion in San Bruno and...
California’s PacWest Expands with Two New Agencies
Aug 9 2011 // PacWest Alliance Insurance Services, Inc. welcomes two new members: Hooper, Spuhler & Sturgeon Insurance Services and Moore & Miller Insurance Agency. Hooper, Spuhler & Sturgeon Insurance Services is located in...
California Workers’ Compensation Industry Taking Ogilvie Ruling in Stride
Aug 8 2011 // The most recent twist in the long-running Ogilvie case over the setting of disability payments for permanently injured workers may not be the big blow to the California workers’ compensation system some initially...
IBA San Diego Hosts Luncheon Discussion August 17th, 2011: “State of the Reinsurance Industry-How Changes Could Affect the Agent and Insured!”
Aug 8 2011 // San Diego, August 8, 2011 – The Insurance Brokers & Agents of San Diego in partnership with the Insurance Industry Charitable Foundation’s San Diego Steering Committee, will be hosting a lunch discussion on...
California Insurance Department Gives Grants to District Attorneys
Aug 5 2011 // California Insurance Commissioner Dave Jones today announced $3.2 million in grants to California District Attorneys aimed at combating fraudulent disability and health claims against insurance carriers and to protect...
AIPSO Appoints Western Region Manager
Aug 5 2011 // AIPSO has appointed Roberta Haskins to serve as the manager of its Western Region, which includes the California Automobile Assigned Risk Plan (CAARP), the California Low Cost Program, and the Western Association of...
California Governor Signs Surplus Lines Bill
Aug 4 2011 // California’s Insurance Commissioner Dave Jones today applauded Governor Jerry Brown for signing legislation, sponsored by the Department of Insurance, which allows California to implement provisions in a new federal...
California Man Arrested for Faking Death
Aug 3 2011 // A Southern California man and his wife were arrested Monday on suspicion of faking the man’s death in 2004 so their family could receive life insurance and other death benefits, authorities said. Authorities received...
California Earthquake Authority Bond Issue a ‘First Step’
Aug 3 2011 // Officials with the California Earthquake Authority said yesterday that their recent $150-million bond issue is just a first step in diversifying their risk so that they can expand earthquake coverage in the...
Two Big Southern California Agencies Merge
Aug 1 2011 // Two independent insurance brokers announced today they are joining forces to become one of the largest insurance brokerages in Los Angeles and Ventura counties. The August 1st agreement combines Northridge Insurance Agency...
California Insurance Investments in Underserved Areas Improves
Aug 1 2011 // California Insurance Commissioner Dave Jones announced today that since he took office in January, insurance companies and other investors have made $23.6 million in investments in under-served communities. Commissioner...
NFL Case Draws Attention to Unique Calif. Workers’ Comp Law
Aug 1 2011 // A California statute that affords protections to employees on temporary work assignment in the state has attracted attention after St. Paul Fire and Marine Insurance sued the Denver Broncos of the National Football League...
California Surplus Lines Bill Signed Into Law
Aug 1 2011 // Gov. Jerry Brown has signed legislation (Assembly Bill 315) that brings California in line with provisions in the new federal surplus lines insurance law, the Non-admitted and Reinsurance Reform Act of 2010 (NRRA), which...
Insurance Industry’s Economic Clout in California
Aug 1 2011 // The overall insurance industry accounts for more than 234,000 jobs in California with a payroll of $16.8 billion, a new report finds. Also, property/casualty insurers paid a total of $50.2 billion in claims and expenses in...
People
Aug 1 2011 // Joseph Waked was named CEO of Buena Park, Calif.-based Freeway Insurance, a subsidiary of New York-based Confie Seguros. He will have responsibility for California, Texas and Arizona. Waked replaces Freeway’s former...
Gordon Joins California’s Poms As Account Executive
Jul 29 2011 // Poms & Associates Insurance Brokers Inc., an insurance brokerage firm focusing on commercial insurance, employee benefits, corporate wellness, personal lines, and risk management and risk control, has announced that...
California Man Gets 70-Month Prison Term for Insurance Fraud
Jul 28 2011 // A federal judge in New Jersey has sentenced a California man to 70 months in prison for conspiring to sell bogus liability insurance policies. Ronald Allen of North Hollywood, Calif., was convicted in December following a...
