Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Two California Men Charged in $18 Million Fraud Scheme
Dec 2 2008 // Two Southern California men have been charged with conspiring to defraud the State Compensation Insurance Fund of more than $18 million, according to the California Department of Insurance. David Zahler of Huntington Beach...
Fireman’s Fund Wins Environmental Award
Dec 2 2008 // Novato, Calif.-based Fireman’s Fund Insurance Co. has been honored by the California Environmental Protection Agency with the Governor’s Environmental and Economic Leadership Award (GEELA) in the category of...
Surplus Line Association of California Stamping Office Celebrates 70th Anniversary
Dec 2 2008 // The Surplus Line Association of California’s Stamping Office is celebrating its 70th anniversary. On Dec. 1, 1938, then California Insurance Commissioner Rex B. Goodcell and Assistant Commissioner Harold B. Haas...
Southern California Soaked but Stable in Storm
Dec 1 2008 // Wet and weary residents in areas scarred by Southern California wildfires were back in their homes for Thanksgiving after a day of rains brought evacuations and anxiety but none of the threatened flash floods or...
People
Nov 30 2008 // Willis Group Holdings appointed Phillip Ellis leader of a new division focused on growing the company’s Enterprise Risk Management business for Willis’ Global Retail and Specialty teams. He was most recently...
Wanted: Agencies Focusing on Hispanic Market
Nov 30 2008 // The brains behind the insurance agency consolidation firm Confie Seguros say they are well-positioned to meet their goal of a $300 million revenue company focused on the Hispanic insurance market within a few years,...
Wanted: Agencies Focusing on Hispanic Market
Nov 30 2008 // Texas on the List of States for Agency Acquisitions by Consolidators Behind Confie Seguros The brains behind the insurance agency consolidation firm Confie Seguros say they are well-positioned to meet their goal of a $300...
California Wildfires May Take Longer to Settle
Nov 30 2008 // Industry analysts are predicting insured losses from the Freeway Complex, Sayre and Tea Fires that burned Southern California in mid-November will range from $600 million to $800 million. Comparatively, those losses are...
The Importance of Being Earnest
Nov 30 2008 // Insurance Agency Profile Agency Name: SullivanCurtisMonroe Headquarters: Irvine, Calif. Year Founded: 1931 Additional Locations: Corona and Pasadena, Calif. Total Property/Casualty Premium Volume for 2007: $186.6...
California Governor to Propose Insurance Surcharge
Nov 30 2008 // The Southern California wildfires are burning a bigger hole in California’s budget, adding to the state’s $11.2 billion deficit, the governor’s finance spokesman said. The state has spent $305 million on...
Time to Sue
Nov 30 2008 // Contractual Limitations Provisions in Insurance Policies: What Every Agent and Broker Needs to Know Generally, the statute of limitations for the breach of an oral agreement is four years. However, a shorter period is...
California Announces 20.5 Percent Malpractice Insurance Rate Cut for The Doctors Co.
Nov 26 2008 // Califiornia Insurance Commissioner Steve Poizner announced a 20.5 percent rate cut for medical malpractice insurance offered by The Doctors Co. following its acquisition of SCPIE Holdings Inc. saving $54.3 million...
Heavy Rainfall in California Wildfire Zones Could Lead to Landslides, Flooding
Nov 26 2008 // As heavy rainfall is forecasted for Southern California, particularly in areas recently ravaged by destructive wildfires, Insurance Commissioner Steve Poizner advised all Californians to check their coverage and evaluate...
Safeco And Golden Eagle Insurance Announce New California Regional Operations
Nov 25 2008 // Safeco Insurance and Golden Eagle Insurance, both Liberty Mutual Agency Markets companies, announced key management appointments to lead their respective personal and commercial lines operations in their California...
California Commissioner Applauds Insurance Education at Cal State Fullerton
Nov 24 2008 // “You are the current and future business leaders of the state of California,” California Insurance Commissioner Steve Poizner told an audience at California State University in Fullerton on Oct. 17, 2008. In...
California Deploys Enforcement Officers in Santa Barbara
Nov 24 2008 // California Insurance Commissioner Steve Poizner has activated a disaster fraud task force in Santa Barbara, which includes the California Department of Insurance (CDI) Fraud and Investigation Divisions, the Santa Barbara...
California Insured Fire Losses Could Reach $800 Million
Nov 21 2008 // As the fires continue to burn in parts of southern California, industry analysts are predicting insured losses from the Freeway Complex, Sayre and Tea Fires will range from $600 million to $800 million. Catastrophe risk...
California Labor Commissioner Issues Fines of $267,600 During Statewide Enforcement Activity
Nov 21 2008 // Investigators from the California Labor Commissioners’ Office issued 71 citations totaling $267,600 in fines in a two-day statewide enforcement sweep of businesses in the agricultural industry including nurseries,...
California Announces 2009 Workers’ Comp Insurance Assessment Rates
Nov 21 2008 // The California Department of Industrial Relations (DIR) has issued 2009 assessment rates for User Funding, the Uninsured Employer Benefit Trust Fund, the Subsequent Injury Benefit Trust Fund, the Occupational Safety &...
Insurance Experts To Aid Sayre and Freeway Fire Survivors in California
Nov 20 2008 // California Insurance Commissioner Steve Poizner announced that he will deploy Department of Insurance (CDI) consumer information experts to help Sayre Fire survivors with recovery efforts. Commissioner Poizner dispatched...
