Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Orange Empire CPCU Chapter Names New Officers
May 20 2008 // The Orange Empire Chapter of the Chartered Property Casualty Underwriters (CPCU) Society recently elected its 2008-2009 officers. The chapter serves about 300 members who live and/or work in the Orange, Riverside and San...
California Insurance Association To Broadcast Consumer Podcasts
May 20 2008 // The Insurance Information Network of California is recording audio and video podcasts to help consumers navigate the world of managing their everyday risks. According to the association, IINC Spots are designed to help cut...
Fraud Roundup
May 19 2008 // Auto Fraud Suspect Arrested A Desert Hot Springs, Calif., resident was arrested for allegedly defrauding his insurance company of $26,000, the California Department of Insurance reported. Robert Andrew Nelson was arrested...
California Discussing Sale of State Workers’ Compensation Insurer
May 19 2008 // Rumors that California is considering selling the State Compensation Insurance Fund to help close the state budget gap are true, but government officials said the idea has amounted to no more than discussion at this...
State Farm Files Request for California Rate Increase
May 19 2008 // Reflecting the general upward trends in the cost of property and liability insurance claims, State Farm General Insurance Co. has filed a request for an average statewide 6.9 percent rate increase with the California...
California May Boost Payouts to Workers Injured on the Job
May 19 2008 // Californians permanently injured on the job would get an average 16 percent increase in disability payments under new rules proposed by the state Division of Workers’ Compensation. The formula being proposed is based...
Suhr Risk Services: Driven to Excel
May 19 2008 // Strategic client reduction helps the company to provide a concierge-level of service When a company loses more than half of its clients, that could portend a demise in business. But that’s not always the case,...
California May Boost Payouts to Workers Injured on the Job
May 15 2008 // Californians permanently injured on the job would get an average 16 percent increase in disability payments under new rules proposed by the state Division of Workers’ Compensation. The formula is based on new data...
Wiley Named Assistant Manager for California State Fund
May 15 2008 // David Wiley has been promoted to assistant manager for California’s State Compensation Insurance Fund’s Customer Service Center, in Fairfield. Wiley joined the organization’s Oakland District Office when...
California El Camino CPCU Chapter Names New Officers
May 15 2008 // The California El Camino Chapter of the Chartered Property Casualty Underwriting Society has annouced its 2008-2009 officers and directors. The chapter serves its members in California’s San Fernando and Santa...
State Farm Faces Class Action Lawsuit
May 15 2008 // A class action lawsuit was filed in U.S. Federal Court, Central District, alleging that State Farm Mutual Automobile Insurance Co. is enriching itself with payments rightfully belonging to its insureds in violation of...
Cambridge General Adds Harvesting Contractors Program in California
May 14 2008 // Cambridge General is now accepting applications for harvesting contractors. This program was developed for fruit or vegetable contractors harvesting by hand in addition to those harvesting use farm machinery. To be...
California Forecasts Stability in Workers’ Comp Insurance Market
May 13 2008 // California Insurance Commissioner Steve Poizner announced that, for the first time in six years, an interim pure premium rate advisory will not be issued by his office because of market strength. In the past, the insurance...
Liability Costs for Long Term Care Industry Stabilize, Aon Reports
May 13 2008 // An Aon Corp. analysis of liability in the long term care industry found for the first time in nine years of reporting that liability costs are stable on a national average basis. The study found that average general...
State Farm Files Request for California Rate Increase
May 9 2008 // Reflecting the general upward trends in the cost of property and liability insurance claims, State Farm General Insurance Co. has filed a request for an average statewide 6.9 percent rate increase with the California...
Ware Joins M.J. Hall and Co. in California
May 8 2008 // Gwen Ware has joined M.J. Hall and Co. Inc. as marketing representative in the company’s corporate office in Stockton, Calif. She replaces Sarah Marsh, who will become a broker/underwriter for MJ Hall later this...
Ratings Recap: Calif. Auto/Mercury, Arrowhead, Louisiana Farm, Chubb, Triad
May 8 2008 // Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on California Automobile Insurance Co. (California Auto) to ‘A+’ from ‘A’. S&P...
Mercury General Reports $4 Million Net Loss in Q1
May 7 2008 // Mercury General Corp. announced its first quarter results, noting it had a net loss of $4 million in the first quarter of 2008, compared with net income of $60.5 million for the same period in 2007. Included in net...
Ruiz Appointed Attorney-in-Charge For California State Fund
May 7 2008 // California’s State Compensation Insurance Fund appointed Pedro Ruiz attorney-in-charge for the Monterey Park Subrogation Unit. Ruiz joined the organization’s Los Angeles District Office in 1989 when he was...
California Discussing Sale of State Workers’ Compensation Insurer
May 7 2008 // Rumors that California is considering selling the State Compensation Insurance Fund to help close the state budget gap are true, but government officials said the idea has amounted to no more than discussion at this...
