Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Suspicious Insurance Claims Rise by 9% Since 2008
Apr 15 2011 // California has seen a 9 percent increase in suspicious insurance claims since 2008, according to a new report. The National Insurance Crime Bureau (NICB) said questionable claims originating in California and referred to...
San Francisco 1906 Earthquake: What If It Happened Today?
Apr 14 2011 // Seismologists predict a major earthquake, similar in size to the 1906 quake, can hit the San Francisco area at any time. With inflation and exposure added, the total property loss if such an event occurred today could be...
$2M Awarded to California Officers Who Alleged Ticket Quota
Apr 13 2011 // Two police officers in Los Angeles who claimed they faced retaliation for complaining about an alleged quota system for traffic tickets have been awarded more than $2 million. A Los Angeles Superior Court jury agreed that...
California Insurance Agent Pleads Guilty for Grand Theft
Apr 11 2011 // The California Department of Insurance announced that insurance broker Christopher Luna has pleaded guilty at the West Covina, Calif., Courthouse to two felony counts of Grand Theft. Luna was ordered to serve three years...
Ascension Insurance Acquires California’s Walter L. Clark & Associates
Apr 8 2011 // Kansas City, Mo.-based Ascension Insurance Inc. announced it acquired Walter L. Clark & Associates Inc., headquartered in Fresno, Calif., effective March 31, 2011. Walter L. Clark & Associates offers commercial...
California Jury Awards $4.5 Million for Malpractice
Apr 8 2011 // A Burbank, Calif., jury has awarded a woman $4.5 million in a medical malpractice case she brought against a La Canada Flintridge physician after the death of her husband. The Pasadena Star-News says the jury on April 6...
California Bill Forces Rental Firms to Pull Recalled Vehicles
Apr 7 2011 // California lawmakers this week took a step toward enacting what would be the nation’s first law forcing rental car companies to pull recalled vehicles off the road, encouraged by a mother who testified that such a...
Calif. Workers’ Comp Rating Bureau To Skip Mid-Year Rate Filing
Apr 7 2011 // California’s Workers’ Compensation Insurance Rating Bureau governing board has decided not to make a mid-year pure premium rate filing suggesting a 40 percent increase. Instead, the WCIRB will make an...
Calif. Workers’ Comp Rating Bureau Could Recommend 40% Rate Increase
Apr 6 2011 // The Workers’ Compensation Insurance Rating Bureau of California is discussing a pure premium rate increase of up to 40 percent at today’s Governing Committee meeting, according to industry reports. The WCIRB...
Japan Quake Reveals Cracks in Insurance System – Part I
Apr 5 2011 // Michael Korn is a popular person these days, which is perhaps not too surprising considering what he does for a living and where he lives. Korn is an insurance broker in earthquake-prone San Francisco. “We’re...
Westside Rapist, Former California Claims Adjuster, Gets Life Sentences
Apr 5 2011 // A former state insurance adjuster dubbed the “Westside Rapist” by police has been sentenced to life in prison for murdering seven women in sexual attacks that terrified Los Angeles in the 1970s and 1980s. John...
How to Find Cyber Insurance for the Uninsurable
Apr 4 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the University’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...
Calif. Senators Introduce National Earthquake Legislation
Apr 4 2011 // U.S. Sens. Dianne Feinstein and Barbara Boxer, both D-Calif., introduced legislation to lower the cost of earthquake insurance for Californians and individuals who purchase coverage from a nonprofit, state-run...
Calif. State Fund Reports Net Income of $171 Million
Apr 1 2011 // California State Compensation Insurance Fund has announced that it ended 2010 with $1.1 billion in new premium earned, and $171 million in net income. The company’s online annual report shows that State Fund’s...
Calif. Bill Would Give Insurance Commissioner Stronger Penalty Powers
Apr 1 2011 // California Sen. Noreen Evans, D-District 2, has introduced legislation to grant explicit authority to the state Insurance Commissioner to order restitution as part of an administrative enforcement action against an...
Calif. Homeowners Insurance Valuation Training Courses Available Online
Mar 31 2011 // Education to meet the California’s Department of Insurance Homeowners’ Valuation Training requirement can be obtained online. Through the Insurance Community University Web site,...
Whistleblower Sues California Nuclear Plant, Claims Firing Retaliatory
Mar 31 2011 // A former manager at one of California’s two nuclear power stations sued the facility’s operators Wednesday, claiming he was fired in retaliation for reporting safety concerns at the plant. The suit against...
Calif. Workers’ Comp Institute Elects Directors
Mar 30 2011 // William Mudge, president and CEO of CompWest Insurance Co., has been elected chairman of the board of directors of the California Workers’ Compensation Institute for 2011 at the Institute’s annual meeting in...
Zenith Offers Agribusiness Insurance
Mar 30 2011 // In what appears to be its first foray into offering liability coverages, Zenith Insurance Co., a workers’ compensation insurance specialist, will be offering agribusiness insurance in California. Through its...
American Claims Management Appointed TPA for Large Self-Insured Group
Mar 30 2011 // San Diego, CA, 3/30/11 – American Claims Management, Inc. (ACM) has been appointed as the third party claims administrator for the California Restaurant Mutual Benefit Corporation (CRMBC), the largest self-insured...
