Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
San Francisco Hosts 100th Earthquake Conference, Predicts What If Scenarios
Apr 18 2008 // More than 2,500 delegates from around the world gathered in commemoration of San Francisco’s 1906 earthquake at the 100th Anniversary Earthquake Conference — the largest earthquake conference ever held —...
California Judge Approves Ford Explorer Settlement
Apr 17 2008 // A California judge on Tuesday approved the settlement of a class-action lawsuit that will compensate about 800,000 Ford Explorer owners whose vehicles lost value because of a perceived rollover danger. The settlement ends...
California Earthquake Authority To Use New Science in Determining Rates
Apr 16 2008 // The California Earthquake Authority (CEA) announced today it will begin using a newly released, uniform scientific method in determining insurance rates and the most accurate prices for consumers. Partially funded by the...
Zurich Names Patton, Constantinou to Climate Initiative Team
Apr 14 2008 // Zurich Financial Services Group announced the appointment of Lindene Patton and Elpida Constantinou to key positions within its Climate Office, both will report to Michael Kerner, Global Chief Underwriting Officer and Head...
California Workers’ Compensation Insurer in the Midst of Change
Apr 11 2008 // California State Compensation Insurance Fund has been facing many changes recently, but it has no intent to be the dominant player in the state workers’ compensation insurance market, according to Janet Frank,...
FEMA Says California’s Sprinter Light Rail Dirt Changed Flood Plain
Apr 11 2008 // Some 100,000 cubic yards of dirt dumped on the edge of California’s Loma Alta Creek to elevate Sprinter light rail tracks could be costly for nearby residents and business owners. Federal Emergency Management Agency...
Study: California Workers’ Comp Claims Cost Decreasing
Apr 8 2008 // California’s Workers’ Compensation Insurance Rating Bureau has released a study that notes that following workers’ comp reform, statewide average ratios of loss adjustment expense (LAE) to loss per claim...
People
Apr 7 2008 // The Governing Board of the California Earthquake Authority has hired Glenn A. Pomeroy as CEO. Pomeroy has extensive experience in public service positions, including former commissioner of insurance of North Dakota. In...
Insurers Urge California Policyholders to Oppose Vehicle Repair Bill
Apr 7 2008 // Three insurance associations are urging Californians to contact their legislators to oppose a bill that they say would influence where consumers get their vehicles repaired following an accident. The bill, SB 1167 by Sen....
California Assembly Considering Insurance Agent-Broker Bill
Apr 7 2008 // A bill that would help to clarify when an insurance professional is acting in the capacity of a broker versus an agent in California is scheduled come before the state Assembly Insurance Committee no later than April 16....
Cheldin Re-Elected Chair of California Insurance Association
Apr 4 2008 // Cary Cheldin, president of Crusader Insurance Co. in Woodland Hills, Calif., was re-elected to a traditional second, one-year term as chairman of the Association of California Insurance Companies’ (ACIC) Board of...
Nearly Dozen Arrested for $2 Million California Insurance Fraud Scam
Apr 4 2008 // California Insurance Commissioner Steve Poizner announced the arrests of nearly one dozen alleged Bay Area fraud perpetrators. Eleven subjects were arrested over the past week on numerous felony counts including insurance...
California Legislature Considers Changes to State Workers’ Comp Insurer
Apr 2 2008 // California’s Legislature will hear testimony today regarding operations of the state’s largest workers’ compensation insurer. Senate Bill 1145 will be heard by the Senate Banking, Finance and Insurance...
California Appeals Court: SCIF Erred in Denying Access to PPN
Apr 1 2008 // A California Court of Appeals has ruled that the state’s primary workers’ compensation insurer cannot deny an occupational medical clinic from its preferred provider network because it impaired the...
California Legislature Considers Insurance Bills
Apr 1 2008 // California’s legislature is considering several insurance-related bills this session. Following is a synopsis, as summarized by the Association of California Insurance Companies, of bills still pending. *Assembly...
California Trio Arrested for International Auto Insurance Fraud
Mar 31 2008 // Three individuals have been arrested in California for allegedly being involved in a five-person conspiracy that resulted in a vehicle owned by one of the conspirators driven to Mexico where it was “chopped”...
California Assembly Considering Insurance Agent-Broker Bill
Mar 31 2008 // A bill that would help to clarify when an insurance professional is acting in the capacity of a broker versus an agent in California is scheduled come before the state Assembly Insurance Committee no later than April 16,...
California May Create New Bond Insurer to Rival Buffett’s
Mar 28 2008 // California Treasurer Bill Lockyer is exploring the possibility of having state pension funds create a new bond insurer, his spokesman said Thursday. Lockyer has no immediate plans to use Berkshire Hathaway’s new bond...
California Workers’ Comp Insurance Rating Bureau Not Filing Mid-Year Rate Change
Mar 28 2008 // The Workers’ Compensation Insurance Rating Bureau of California has announced it has decided not to file for a mid-year pure premium rate change. Accepting a recommendation made by the WCIRB Actuarial Committee, the...
California Labor Commissioner Nails Salons for Illegally Classifying Employees
Mar 28 2008 // Officials with the California State Division of Labor Standards Enforcement (Labor Commissioner’s Office) issued 52 citations totaling $156,000 in fines to Northern California spas and beauty salons in a recent...
