Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Calif. State Fund Names Clark Chief Operating Officer
Nov 30 2010 // California’s State Compensation Insurance Fund has named Tom D. Clark as its chief operating officer. Clark, who assumes his new role on December 1, will replace Harrison D. Jerome, who retires at the end of the...
Allstate Cuts California Renter’s Rates 19.6%
Nov 29 2010 // Allstate Insurance Co. announced it is dropping the price California consumers pay for renter’s insurance coverage 19.6 percent statewide. The company is also cutting condo insurance rates in California 6 percent....
California Delays Licensing Implementation Six Months
Nov 24 2010 // The California Department of Insurance is delaying for six months the implementation of a new licensing requirement for fire and casualty licensees that want to sell health insurance. AB 2782 would have required existing...
Hub International to Acquire Assets of Byars Thompson Buchanan Insurance
Nov 23 2010 // Chicago-based Hub International Ltd., an insurance brokerage firm, announced that it has signed a definitive agreement to acquire the assets of Byars Thompson Buchanan Insurance & Financial Services LLC, a Santa Maria,...
Calif. Court Rules Federal Proceedings Equivalent to CGL-Covered Lawsuit
Nov 22 2010 // The California Supreme Court has ruled that the term “suit” in a comprehensive general liability policy includes federal administrative adjudicative proceedings before an administrative law judge of the U.S....
California Self-Insured Group Defaults
Nov 19 2010 // The Contractors Access Program of California (CAP), a self insured group, has been declared in default due to insufficient funding required for continued operation, California’s Department of Industrial Relations...
Calif. Commissioner Rejects Increase in Workers’ Comp Cost Benchmark
Nov 19 2010 // California Insurance Commissioner Steve Poizner has rejected – for the third consecutive time – a workers’ comp rate filing submitted on behalf of insurers by the Workers’ Compensation Insurance...
Calif. Agent Association Wants to Phase-In New License Requirements
Nov 18 2010 // Insurance Brokers and Agents of the West (IBA West) is working to persuade the California Department of Insurance to phase-in implementation of provisions of a new law (AB 2782) that will require property/casualty...
Employer Leave of Absence, Return-to-Work Process a Potential Minefield
Nov 17 2010 // Managing multiple leaves of absence and the return-to-work process may require navigating a maze of complementary and conflicting requirements. Yet it’s important to manage these decisions properly, as appropriate...
People
Nov 14 2010 // J. Michael “Mike” Miley of Indiana-based Gibson Insurance Group was installed as chairman of the Independent Insurance Agents & Brokers of America (the Big “I”). Miley began his insurance career...
California Approves Amendments to Privacy Regulations
Nov 14 2010 // In what’s being called “a major victory for insurance agents and brokers,” the California Office of Administrative Law has approved Department of Insurance plans to repeal certain portions of its privacy...
California City Settles Sexual Harassment Claim Against Cop
Nov 12 2010 // The city of Concord, Calif. has agreed to pay $750,000 to settle a sexual harassment lawsuit filed by a former police officer. The City Council voted to pay $250,000 to Lisa Capocci and $500,000 to her attorney, Stan...
Calif. Workplace Injuries on Decline
Nov 11 2010 // While the recession drove California’s average annual employment down 3.7 percent in 2009, the number of work injuries and illnesses reported by California employers showed an even sharper decline, falling 9.2...
Calif. Supreme Court Declines to Take Up Controversial Workers’ Comp Case
Nov 11 2010 // The California Supreme Court has declined to review the decision in Milpitas Unified School District v. WCAB (Guzman), a case that is being heavily watched by the workers’ compensation insurance industry. In...
Actuaries Honor California’s Summers with Myers Award
Nov 9 2010 // The American Academy of Actuaries has honored Sheldon Summers with the 2010 Robert J. Myers Award for Public Service. Summers received the award in recognition of his contributions to the public good through his 31 years...
Calif. State Fund Revises Broker of Record Policy
Nov 9 2010 // California’s State Compensation Insurance Fund announced it has revised its broker of record policy, as well as filed for a 5.2 percent overall rate increase for 2011. The rate filing also includes changes that it...
California Approves Amendments to Privacy Regulations
Nov 8 2010 // In what’s being called “a major victory for insurance agents and brokers,” the California Office of Administrative Law has approved Department of Insurance plans to repeal certain portions of its privacy...
Democrat Jones Wins California Insurance Commissioner Race
Nov 3 2010 // California voters have elected Assemblyman Dave Jones to be the state’s next insurance commissioner. Jones, a Democrat, won 51 percent of the vote to defeat Republican Mike Villines, who was favored by the insurance...
Calif. State Fund: Getting Better Day by Day
Nov 3 2010 // In the ever controversial topic of workers’ compensation insurance in California, State Compensation Insurance Fund President and CEO Tom Rowe seemingly offers a bit of Zen. Rowe, who took the helm of the company in...
Business Moves
Nov 1 2010 // Aon, Hewitt Associates Aon Corp. said it will cut 1,500 to 1,800 jobs over the next three years after acquiring Hewitt Associates. Aon expects to save $355 million per year, including $280 million per year by eliminating...
