Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Initiative to Change Calif. Auto Insurance Rating Factor Proposed, Faces Criticism
Aug 3 2009 // Californians for Fair Auto Insurance Rates is working on gaining support for a voter initiative aimed at the 2010 ballot that reward drivers who have had insurance for some time to be eligible for a “persistency...
Cal/OSHA Moves to Strengthen Heat Illness Prevention Regulations
Aug 3 2009 // California’s Department of Industrial Relations’ (DIR) Division of Occupational Safety and Health (Cal/OSHA) has filed a proposal with the Occupational Safety and Health Standards Board to amend the...
States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers
Aug 3 2009 // Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly...
California Makes 83 Recommendations to Improve Insurance Guarantee Fund
Aug 3 2009 // The California Department of Insurance has come up with dozens of suggestions for improving the insurance fund that steps in to pay claims when an insurance company goes bankrupt. A report issued by Insurance Commissioner...
New Homeowners Earthquake Rating Plan Available
Aug 3 2009 // Wheaton, Ill.-based American Association of Insurance Services (AAIS) has developed a new rating plan for adding earthquake coverage to policies based on standardized forms, manual rules, and rating information provided...
Business Moves
Aug 3 2009 // SureTec Houston, Texas-based SureTec Insurance Co. announced that Greg Faulx has joined the company as vice president and will head its new regional office in Denver. Faulx was a key member of the original management team...
21st Century Auto Insurance Reduces Rates 3.4% for Californians
Aug 3 2009 // 21st Century Auto Insurance Co. announced it will be implementing a $34 million rate reduction for policyholders in California, according to Shannon Kelly, senior vice president, West region. The reduction represents an...
California Passes Budget Revisions
Aug 3 2009 // State Compensation Insurance Fund Says Proposal to Sell Its Assets Have Failed in Past We are very concerned that the proposed sale appears to be driven by the need for cash. The California Legislature has passed the...
Court: California State Fund Legal Staff Entitled to Back-Pay
Jul 28 2009 // A San Francisco Superior Court judge has ordered that California’s State Compensation Insurance Fund pay approximately 500 employees back-pay for previously instated furloughs of union workers. The state implemented...
California Seeks Feedback on Insurance FAIR Plan
Jul 27 2009 // The California Department of Insurance is looking to improve the state’s property insurer of last resort, otherwise known as the California Fair Plan. Following urban disturbances in the late 1960s, the FAIR Plan was...
California Senate Passes Budget, Workers’ Comp Fund Assets for Sale
Jul 24 2009 // The California State Senate passed a package of bills early Friday morning, revising the 2009-10 budget, that was passed in February, with $24.2 billion in deficit reduction solutions and a $921 million reserve; in total...
California Makes 83 Recommendations to Improve Insurance Guarantee Fund
Jul 24 2009 // The California Department of Insurance has come up with dozens of suggestions for improving the insurance fund that steps in to pay claims when an insurance company goes bankrupt. The report issued by Insurance...
USG Holdings Introduces Workers’ Comp Division in California
Jul 23 2009 // USG Holdings has launched AAU Comp, a new subsidiary headquartered in El Segundo, Calif., to offer workers’ compensation coverage and programs on a national basis. AAU Comp expects its book of business to include...
21st Century Auto Insurance Reduces Rates 3.4% for Californians
Jul 22 2009 // Shannon Kelly, 21st Century senior vice president, West region, has announced a $34 million rate reduction for 21st Century Auto Insurance Co. policyholders in California. This represents an average decrease of 3.4...
California Leaders Agree on Budget
Jul 21 2009 // California Gov. Arnold Schwarzenegger reported late Monday from his Twitter account that he and state legislative leaders had reached a budget deal, which will be voted on by the full Legislature on Thursday. Budget...
California Commissioner Rejects Workers’ Comp Bureau Rate Increase
Jul 20 2009 // Citing testimony that self-insured employers have been able to reduce overall workers’ compensation costs, California Insurance Commissioner Steve Poizner has rejected the Workers’ Compensation Insurance Rating...
Business Moves
Jul 20 2009 // AIG, 21st Century Insurance, Farmers Group Inc. American International Group has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG’s U.S. personal auto insurance business, to...
Recession Increasing Insurance Fraud
Jul 20 2009 // Areas Where Agents Might See an Increase in Fraud Does a bad economy increase crime? According to Mike McKee, senior special agent for the National Insurance Crime Bureau, it’s too soon for statistics to confirm...
Employers Direct Stops Writing Workers’ Comp Insurance in California
Jul 20 2009 // Citing the strain of escalating medical costs on the workers’ compensation system, increasingly intense price competition, and the uncertainty over the sustainability of the 2003-2004 legislative reforms due to...
Alioto-Pier Rumored To Run for California Insurance Commissioner
Jul 20 2009 // California newspaper the San Francisco Chronicle is predicting that San Francisco Supervisor Michela Alioto-Pier will announce her candidacy for state Insurance Commissioner today. Alioto-Pier is the granddaughter of...
