Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Workers’ Comp Insurers Ask for Average 4 Percent
Dec 10 2009 // Workers’ compensation insurance rates in California will be relatively stable and increase by an average of only 4 percent in 2010, the Department of Insurance said. The Department’s announcement comes a month...
S. California Agent Sentenced in Workers’ Comp Theft Case
Dec 8 2009 // Randy Jay Barrett, 41, of Canoga Park was sentenced to 240 days in jail and five years probation after pleading guilty to one count of felony grand theft. Barrett was also ordered to make restitution to his victim and a...
Study Says Increased WC Benefits Lengthens Claim Duration
Dec 7 2009 // States that increase the maximum weekly benefit for workers compensation can expect to see temporarily total disability, injured workers making claims for longer, almost a week longer, according to a new study released by...
California Agent Guilty of $48,207 Theft from Clients
Dec 7 2009 // Insurance agency owner Craig Randall, 52, of Porter Ranch has been found guilty of 13 counts of theft of funds by a broker or agent, two counts of forgery, one count of attempted theft of funds and one count of attempting...
Southern-California Man Sentenced for Pet Insurance Theft
Dec 7 2009 // A Southern California accountant has been sentenced to 12 years in prison for stealing more than $2 million from a pet insurance company. Stephen Anthony Frlekin of El Segundo pleaded guilty in a Santa Ana courtroom Friday...
Southern California Firm Hires Three
Dec 7 2009 // Venbrook Insurance Services, of Woodland Hills, Calif., has hired three new executives. Ana Preston, formerly of Countrywide Insurance Group, was appointed vice president, personal lines. Rose Nordbrock, formerly of Bolton...
State Fund Announces 5% Rate Increase
Dec 6 2009 // California’s State Compensation Insurance Fund announced it has filed a 5 percent rate increase in collectible premium. The revised rate will apply to new and renewal workers’ compensation policies effective on...
People
Dec 6 2009 // The San Diego office of Lockton Cos. hired Bud Cole in the company’s employee benefits practice as vice president and senior consultant. Cole will serve as a liaison between clients and the Lockton benefits team,...
Golden State Faces $20 Billion in Red Ink
Dec 6 2009 // The California Legislative Analyst’s Office recently issued a report stating that the state’s General Fund is going to come up $20 billion short when its present budget ends. The report said officials are going...
California’s Poizner to Subpoena Companies Over Iran Divestment
Dec 3 2009 // California’s insurance commissioner said he intends to subpoena insurance companies that did not comply with his probe of insurance companies and Iran. Commissioner Steve Poizner announced yesterday that he intends...
BridgeStreet Consulting Names Burden to Lead Midwest Business Development
Dec 2 2009 // BridgeStreet Consulting Group, a division of Chicago-based Wells Fargo Insurance Services, has named Christine Burden business development leader for its Midwest operations. BridgeStreet Consulting Group is a national...
California’s Poizner Wants Insurance Money Out of Iran
Dec 2 2009 // California’s Insurance Commissioner Steve Poizner intends to ask insurance companies that are conducting business in the state to divest themselves of all financial holdings in Iran. Poizner, who is running for...
Suspect in 2003 California Wildfire Recants Confession
Nov 30 2009 // A convicted burglar has claimed in jailhouse interviews that he was badgered into confessing to starting a 2003 wildfire that burned about 1,000 homes in the foothills above San Bernardino and allegedly caused five people...
California Reassures Women that Mammogram Laws Not Changed
Nov 20 2009 // In the wake of new recommendations for mammography, California officials said that a state law remains in place to ensure that insurance covers mammograms for breast cancer screenings beginning at age 35. “Scientists...
California Report Shows White Collar Injury Grows in Importance
Nov 20 2009 // A new study from the California Workers’ Compensation Institute shows that claims from white-collar workers have assumed greater relative importance as the economy has sputtered. The study shows that on average...
California Faces $20 Billion in Red Ink
Nov 19 2009 // The California Legislative Analyst’s Office issued a report yesterday that says the state’s General Fund is going to come up $20 billion short when its present budget ends. The report says officials are going...
California Offers PPO Ratings on the Web
Nov 18 2009 // The California Department of Insurance has launched of a new report card on its Web site (www.insurance.ca.gov) that will allow consumers to make more informed choices about which Preferred Provider Organization (PPO) is...
California Insurance Agent Arrested for $6 Million Scam
Nov 18 2009 // California Insurance Commissioner Steve Poizner said that William A. Sassman, 41, of Sacramento was arrested early Nov. 16 on 43 felony counts of grand theft, 40 felony counts of selling unauthorized securities, 16 felony...
California Agent Collected Bogus Premiums While on Bail
Nov 17 2009 // California’s Insurance Commissioner Steve Poizner has announced that Louise May Batchelor, 55, of San Diego was sentenced Nov. 6 to 365 days of work furlough, five years probation and ordered to pay restitution...
California Warns Major Retailers about Products with Lead
Nov 17 2009 // California Attorney General Edmund G. Brown Jr. sent a letter last week to six major retailers, warning them that a number of children’s products on their store shelves were found to contain “illegal levels of...
