Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Plane Crashes in California, Burns Two Homes
Dec 9 2008 // An airplane that was scheduled to land at the Marine Corps Air Station Miramar in San Diego crashed on Monday, Dec. 8, killing at least three people and destroying two homes. According to local news reports, the pilot...
California Court: Workers’ Comp Doesn’t Bar Independent Contractor’s Claim
Dec 9 2008 // Workers’ compensation does not bar a worker injured at a construction site from bringing a tort claim when the worker is an independent contractor, the California Court of Appeal has ruled. According to court...
Hundreds Expected at Southern California Networking Event
Dec 8 2008 // SAN DIEGO – (December 8, 2008) – Attracting and retaining new customers is expensive – five times more expensive than keeping an existing customer – according to a report issued by Ohio State...
California Sues Utility Over 2006 Ventura County Wildfire
Dec 8 2008 // California is suing Southern California Edison and two property owners to recover the $7.4 million spent to fight a 2006 wildfire that burned five homes. The attorney general filed the negligence suit late November in...
Toy Makers Settle Lead-Contaminated Toy Lawsuit
Dec 5 2008 // California Attorney General Edmund G. Brown Jr. and Los Angeles City Attorney Rocky Delgadillo have reached a settlement with Mattel Inc. and several other toy makers that will “safeguard California’s...
California Insurance Agents Arrested for Stealing More Than $30,000
Dec 5 2008 // California Insurance Commissioner Steve Poizner announced the arrest of two insurance broker/agents on felony grand theft charges. Carlos Alarcon of Chino, Calif., and Juan Garcia of Temecula, Calif., allegedly defrauded...
HCC Insurance to Acquire Surety Company of the Pacific
Dec 3 2008 // HCC Insurance Holdings Inc. announced it has executed an agreement to acquire Surety Company of the Pacific (SCP), a writer of license and permit bonds headquartered in Encino, Calif. This transaction is subject to...
Risk Strategies Makes Appointments in California
Dec 3 2008 // Risk Strategies Co. announced that Greg Pena has joined the company as senior vice president in the Irvine, Calif., office. In addition to his production duties, hewill help manage the Irvine branch’s sales...
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...
