Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Efforts To Reduce Prison Budget Would Hurt Fraud Fighting
Jun 29 2009 // California Gov. Arnold Schwarzenegger has proposed downgrading insurance crimes in California from felonies to misdemeanors to help reduce the prison budget — a move that insurance and fraud experts say would have...
Agents, Brokers To See 6% Fee Reduction in California
Jun 29 2009 // California insurance agents, brokers and adjusters will see a reduction in fees, thanks to California Department of Insurance (CDI) changes that take effect July 1, 2009. The 6 precent reduction in fees will apply to...
California Broker Lawson-Hawks Acquires Truckee Insurance
Jun 25 2009 // Mountain View, Calif.-based Lawson-Hawks Insurance Associates Inc., a regional independent insurance broker based in Mountain View, Calif., has acquired Truckee, California Insurance Agency. Terms of the transaction were...
California Commissioner Seeks Comments on PAYD Auto Insurance
Jun 25 2009 // California Insurance Commissioner Steve Poizner has issued proposed regulations for Pay-Drive (Usage Based Auto Insurance), and is accepting public comments on the proposal until 5 p.m., Thursday, July 9, 2009. According...
Potential Sale of California Workers’ Comp Insurer Assets Creates Concerns
Jun 25 2009 // California Insurance Commissioner Steve Poizner said he is “troubled by the details of the proposal” to sell some assets of the state’s workers’ compensation insurance, State Compensation Insurance...
California Governor Proposes Selling Some State Workers’ Comp Insurer Assets
Jun 24 2009 // California Gov. Arnold Schwarzenegger is proposing to sell a portion of the state workers’ compensation insurer State Compensation Insurance Fund for $1 billion, Rachel Cameron, deputy press secretary for the...
Former California State Fund Employees Being Investigated
Jun 22 2009 // Law enforcement officials on June 19 served multiple search warrants to former employees and director of the California State Compensation Insurance Fund. Erica Derryck, spokeswoman for the San Francisco District...
California Legislature Considers Personal, Professional Liability Issues
Jun 22 2009 // The California Legislature is scheduled to hear at least two bills this week pertaining to insurance. SB 39 Torts: Personal Liability Immunity would clarify that disaster service workers who perform disaster services...
California Motorcycle Collisions on the Rise
Jun 22 2009 // As more travelers take to the road for summer vacations, the California Highway Patrol is warning all drivers — motorcyclists included — to take road safety seriously California Highway Patrol (CHP)...
California Commissioner Please With Proposed Office of National Insurance
Jun 18 2009 // California Insurance Commissioner Steve Poizner generally seems pleased the President Obama has proposed an Office of National Insurance without creating a federal regulator. “The administration’s plan avoids...
California El Camino Association Installs New Officers
Jun 17 2009 // The California El Camino chapter of the Chartered Property Casualty Underwriters Society has installed new officers and directors for 2009-2010. New officers are: President Peggy L. Brennan of Zenith Insurance;...
Study: California Workers’ Comp Claims Climbed 23%, Despite Reforms
Jun 17 2009 // A new California Workers’ Compensation Institute study on post-reform changes in California workers’ compensation medical payments confirms that since accident year (AY) 2005, insurer payments for treatment,...
Special Examiner To Oversee AIG’s California Insurance Operations
Jun 17 2009 // As American International Group (AIG) continues its restructuring, California Insurance Commissioner Steve Poizner has appointed a special examiner to assist in the monitoring of AIG’s insurance...
Momentous Insurance, Fireman’s Fund Urge California Wildfire Preparedness
Jun 17 2009 // Momentous Insurance Brokerage of Van Nuys, Calif., has partnered with Fireman’s Fund Insurance Co. and the Burbank Fire Department to help protect Southern Californians from wildfires. In 2006, Momentous secured a...
California Considers Expanding Electronic Insurance Transactions
Jun 16 2009 // While California’s economy nears crisis, with the state Legislature’s seeming inability to agree on a budget before the July 1 fiscal deadline, the state Legislature still is evaluting bills for legislative...
Insurance Agents, Brokers: Beware of Scam
Jun 15 2009 // Licensed insurance agents and brokers in California, Colorado and Nevada are being warned to beware of a scam targeting them. The Nevada Division of Insurance, California Department of Insurance and Colorado Division of...
California Senate Passes Insurance Fraud Bill
Jun 15 2009 // The California Senate has passed SB 156 to authorize the Department of Insurance or a district attorney to convene meetings with an insurance company to discuss a specific insurance fraud and would provide that any person...
Pressure Is On to Catch a Few Bad Apples
Jun 15 2009 // Fraud Investigators on Alert to Prevent Property/Casualty Agent Abuses from Spreading Those who track insurance criminals for a living say that as the economy has worsened, insurance fraud has been on the rise — and...
Regulator: California Workers’ Comp Insurance Rating Bureau Needs to Address Challenges
Jun 15 2009 // The California Department of Insurance has released an audit report of the state’s Workers’ Compensation Insurance Rating Bureau. Among the recommendations are that WCIRB should: Begin to collect the detailed,...
Union General Insurance Offers California Special Events Market
Jun 12 2009 // Available to California agents, Union General Insurance Services has an “A+” rated carrier offering premises/operations and product/completed operations coverage for all types of special events. Most pricing is...
