Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
2011 Insurance Industry Meetings and Conventions Directory
Jan 10 2011 // Welcome to Insurance Journal’s 2011 Insurance Industry Meetings and Conventions Directory. The information in this directory is taken from a larger database containing additional information on these and other...
Business Moves
Jan 10 2011 // Brown & Brown, Ruland & Mattingley Insurance C. Roy Bridges, regional president of Daytona Beach, Fla.-based Brown & Brown Inc. and Lloyd S. Ruland III and Philip M. Ruland, shareholders of Ruland &...
Calif. Homeowners Underinsurance Regulations May Require Agent Training
Jan 10 2011 // California’s Office of Administrative Law (OAL) has approved regulations designed to combat underinsurance and may require insurance agents and brokers to complete additional training. The regulations will take...
Insurance Industry Outlook Improving Slightly
Jan 10 2011 // The insurance industry is recovering from the economic crisis, but profits are nowhere near where they were prior to the crisis, and it will take California longer than other states to rebound, according to an industry...
Multi-State Surplus Lines Tax State Inaction Risks Loss of Premium Tax Revenue
Jan 10 2011 // State Inaction Risks Loss of Premium Tax Revenue The States appear poised, through inaction, to leave untold millions of dollars in premium tax revenue “on the table” when the Nonadmitted Insurance and...
Recent Calif. Regulator Actions Create Insurance Agent/Broker Concerns
Jan 7 2011 // Reflecting on Calif. Insurance Commissioner Dave Jones’ recent emergency order to enforce medical loss ratio rules requiring insurers to limit the percentage of premium revenue spent on reimbursement for...
Calif. Commissioner Asks Blue Shield to Delay Rate Increases
Jan 7 2011 // California Insurance Commissioner Dave Jones has called on Blue Shield of California to delay its implementation of a new round of substantial individual health insurance premium increases that would impact tens of...
Berte To Run AIA Western Region
Jan 6 2011 // The American Insurance Association (AIA) has announced that Marjorie Berte has joined the association as its new vice president for the Western Region. Berte’s career includes experience in both the public and...
California Wholesaler Appointing Wholesalers, Surplus Lines Brokers, MGA’s to Write E&O Insurance
Jan 5 2011 // Effective January 5 2011 – Laurel Fowler Insurance Broker, Inc – California based wholesaler is appointing Wholesalers, Surplus lines Brokers and MGA’s in Texas, California, Florida and most States, to...
Calif. Commissioner Jones to Enforce Medical Loss Ratio Rule
Jan 5 2011 // Almost immediately after being sworn into office on Tuesday, California Insurance Commissioner Dave Jones signed an emergency order to enforce the medical loss ratio. the MLR rules require insurers to annually disclose the...
Florida Workers’ Compensation Market Remains Competitive: Report
Jan 5 2011 // Florida’s workers’ compensation market remains competitive with more than 250 private insurers writing coverage and only a fraction of business being funneled to the residual market. Also, availability does not...
Year-End Storms Cloud P/C Insurers’ Profit Picture
Jan 5 2011 // U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses, but a series of punishing storms across the country in December may have blown away...
Fortegra Financial Acquires California Motor Club
Jan 4 2011 // Insurance services company Fortegra Financial Corp. has acquired Auto Knight Motor Club Inc., a Palm Springs, Calif., company that provides motor club membership, vehicle service plans and tire and wheel...
Hub International Acquires Four Western Companies
Jan 4 2011 // Chicago-based Hub International Ltd. (Hub), an insurance brokerage firm, has announced several acquisitions. It has acquired the shares of Hall-Conway-Jackson Inc. and the assets of Cascade Insurance Group Inc., Bothell,...
Mulryan to Replace Cain as Chair of California State Fund Board
Jan 2 2011 // Gov. Arnold Schwarzengger has appointed Larry Mulryan chairman of the California State Compensation Insurance Fund board. Mulryan replaces Jeanne Cain, whose term expired. The governor also appointed Scott Reid to the...
California Approves Homeowners Underinsurance Regulations
Dec 31 2010 // California’s Office of Administrative Law (OAL) has approved regulations designed to combat underinsurance and may require insurance agents and brokers to complete additional training. The regulations will take...
Calif. Regulator Urges Gov.-Elect Brown to Preserve Workers’ Comp Reforms
Dec 31 2010 // Calif. Insurance Commissioner Steve Poizner announced he has sent a letter to Gov.-Elect Jerry Brown to urge him to preserve the workers’ compensation insurance reforms that have reduced the Workers’...
Test Your 2010 Insurance News IQ: 25 Questions
Dec 31 2010 // Are you an insurance news hound? Test your insurance news IQ and find out. The following questions and answers (at bottom of the page– don’t cheat!) were developed based on news stories published by...
Calif. Commissioner-Elect Jones Makes Executive Appointments
Dec 30 2010 // California Insurance Commissioner-Elect has appointed his executive team at the Department of Insurance. The team includes: Chief Deputy Commissioner Nettie Hoge; Deputy Commissioner, Health Policy Janice Rocco; Special...
Calif. Commissioner Poizner: Insurance Agent Advice Critical
Dec 30 2010 // As California’s third elected insurance commissioner, Steve Poizner has had a wealth of accomplishments. Among other things, he: reduced the Department of Insurance’s operating budget by 13 percent, which...
