Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California’s New Gaspar Insurance Agency Builds On Old Family Ties
Mar 25 2009 // It’s all in the family for Timothy Gaspar and the new Timothy Gaspar Insurance Services in Los Angeles. Gaspar built a book of property/casualty clients with another agency for five years before deciding he wanted to...
Spring Weather Warnings: Midwest Floods; Droughts in South, West
Mar 24 2009 // Flooding in the upper Midwest, which could rival the high water levels experienced in 2006 and possibly 1997, and continued drought in the South and West are among the warnings contained in the national outlook for this...
Business Moves
Mar 23 2009 // State Farm Fire and Casualty Co. Nevada Insurance Commissioner Scott J. Kipper has approved a rate change for homeowners insurance premiums as filed by State Farm Fire and Casualty Co. The rate change will become effective...
MetLife Auto & Home Eyes California for Expansion
Mar 23 2009 // Snoopy is moving to California and is bringing with him opportunities for independent insurance agents. MetLife Inc., which uses the famous beagle in its advertising, said it plans to expand its MetLife Auto & Home...
States Gear Up for Stimulus Package
Mar 23 2009 // Impact on Insurance Industry May be Minimal, Experts Say The $787 billion stimulus package passed by Congress looms as the largest mountain on the country’s newly changed economic landscape. But despite hope that the...
People
Mar 23 2009 // The Insurance Brokers and Agents of the West (IBA West) installed the association’s new officers and directors. The following will serve in 2009: President Richard E. Dinger of Crescenta Valley Insurance, who is the...
California Construction Workers Chronically Uninsured
Mar 20 2009 // California construction workers are more likely than workers in any other industry statewide to be chronically uninsured, according to a study by the Center on Policy Initiatives. Accrding to the report, the California...
California Supreme Court to Review Pollution Liability Insurance Case
Mar 20 2009 // The California Supreme Court has granted review of State of California v. Continental Ins. Co. (2009) 170 Cal.App.4th 160 [Fourth Dist., Div. Two]. In a prior proceeding in federal court, the State of California was...
Report: Insurers Boost Calif. Economy by $28.2B
Mar 19 2009 // California has a $1.7 trillion economy that ranks it as a global financial power, and the insurance industry aids in this effort, says a new industry report. In 2006, insurers contributed $28.2 billion to...
Woodruff-Sawyer Adds Lopiccolo as VP in Southern California
Mar 18 2009 // San Francisco-based Woodruff-Sawyer announced that James Lopiccolo has joined the firm in Southern California as vice president, corporate and executive protection practice. He will focus on management and professional...
Calif. Rating Bureau Recommends 24.4% Workers’ Comp Rate Increase
Mar 18 2009 // The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) says it plans to submit a filing to the California Department of Insurance (CDI) recommending a 24.4 percent increase in pure premium rates that...
MetLife Auto & Home Names Regional Sales Managers in California
Mar 16 2009 // MetLife Auto & Home has appointed Hemet, Calif., resident Daniel Slaten regional sales manager, to oversee the company’s growth plans in the Inland Empire, Calif., territory, including Riverside, San Bernardino...
California Insurance Commissioner Opposes Optional Federal Charter
Mar 16 2009 // California Insurance Commissioner Steve Poizner warned state insurance regulators to be engaged in opposing national attempts to weaken the current state-by-state insurance oversight, speaking at the National Association...
Entertainment Industry Insurer, CMM Entertainment, Expands in California
Mar 13 2009 // Robert M. Bryar, president of C.M.Meiers Co. Inc. and CMM Entertainment has begun expansion plans to the entertainment division’s Woodland Hills, Calif., headquarters. The company is adding 25 percent more floor...
California Court Weighs In on Insurance for Environmental Pollution Liability
Mar 12 2009 // The Supreme Court of California has reversed a decision by the state Appeals Court, weighing in on insurance coverage for environmental pollution liability. According to court documents in State of California v. Allstate...
Pacific Specialty Expands Texas Residential Property Programs
Mar 10 2009 // Pacific Specialty Property and Casualty Company, the Texas affiliate of California-based Pacific Specialty Insurance Company (PSIC) announced a new suite of preferred tier residential property insurance products in...
California Bill Would Limit Liability of ‘Good Samaritans’
Mar 10 2009 // The California Legislature is considering a bill that would limit the liability of “good samaritans” who provide nonmedical care or assistance at the scene of an emergency. According to AB 83 text,...
California Court Rejects Expansion of Product Liability Law
Mar 9 2009 // The California Court of Appeals recently rejected the argument that a manufacturer has a duty to warn of the dangers of asbestos that may be contained in products produced by other suppliers. The decision upholds a lower...
States Gear Up for Stimulus Package
Mar 9 2009 // Impact on Insurance Industry May be Minimal, Experts Say The $787 billion stimulus package passed by Congress looms as the largest mountain on the country’s newly changed economic landscape. But despite hope that the...
Business Moves
Mar 9 2009 // Mercury Insurance Los Angeles-based Mercury General Corp. reported a net loss in the fourth quarter 2008 of $168.3 million, compared with net income of $44.6 million for the same period in 2007. For the year, net loss was...
