Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California Court Allows Policyholders To Question Farmers’ Fees
Mar 25 2008 // A California Court of Appeals has allowed policyholders in the Farmers Insurance Exchanges to question alleged excessiveness of management fees charged to them by Farmers Group Inc., a wholly owned subsidiary of Zurich...
Cochrane Opens California Branch; Hires Additional Staff
Mar 25 2008 // Spokane, Wash.-based Cochrane & Co., a managing general agency, has announced the opening of their Southern California branch in Brea, Calif. Cochrane & Company is a regional, multi-line wholesale broker offering...
New Markets
Mar 24 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Contractors Nuts & Bolts: Lemac &...
Starbucks To Pay $106 Million, Cannot Pool Tips
Mar 24 2008 // San Diego Superior Court Judge Patricia Yim Cowett has ordered Starbucks to pay more than $100 million in tip pool money to employees because she said the coffee chain used tip money to pay shift supervisors, a practice...
Group Criticizes California Commissioner For Not Dropping Uninsured Motorist Initiative
Mar 24 2008 // Consumer advocacy and public policy research group The Greenlining Institute is questioning whether California Commissioner Steve Poizner made a “masked attempt to target the poor.” According to a letter sent...
California Auto Club Affiliate, Settles Suit, Will Refund $22.5 Million
Mar 24 2008 // The insurance affiliate of the Automobile Club of Southern California (the Interinsurance Exchange of the Automobile Club) will issue $22.5 million in refunds to approximately 120,000 policyholders to resolve lawsuits...
California Tahoe Fire Commission Wants Federal Aid
Mar 24 2008 // A commission created after a Lake Tahoe blaze destroyed more than 250 California homes voted unanimously to seek state and federal emergency declarations to combat what it says is an imminent threat of catastrophic...
Commerce Department to Consider West Coast Salmon Disaster
Mar 24 2008 // The Bush administration said it recognizes the seriousness of the potential shutdown of ocean salmon fishing off Oregon and California this year and will consider as soon as possible whether to declare a federal fisheries...
Study: California Hayward Fault Earthquake Could Cause $165 Billion in Losses
Mar 21 2008 // An earthquake of 6.8 magnitude or greater on California’s Hayward Fault, in the heart of the San Francisco Bay area, could impact more than 5 million people and impact more than $1.5 trillion in property and...
Smith Joins AmWins Brokerage in California
Mar 20 2008 // Sheryl Smith has joined AmWINS Insurance Brokerage of California as senior vice president. Formerly assistant vice president at Crump Insurance Services, Smith has 25 years of insurance industry experience, from claims...
Allstate Lowering Auto Rates in California
Mar 19 2008 // California Insurance Commissioner Steve Poizner announced a 15.9 percent decrease in auto insurance rates for customers of Allstate Insurance Co. and Allstate Indemnity Co. This $244 million reduction culminates months of...
California Earthquake Authority Names Pomeroy CEO
Mar 18 2008 // The Governing Board of the California Earthquake Authority (CEA) announced the hiring of Glenn A. Pomeroy as the CEA’s CEO. He will assume the position on April 1. Pomeroy has extensive experience in public service...
Jury Awards $20 Million to California Couple in Asbestos Case
Mar 14 2008 // A San Francisco jury awarded $20 million to a couple who was alledgedly exposed to asbestos by construction materials sold by Atlanta-based Georgia Pacific Corp. Joan and Daniel Mahoney filed the suit in 2006, after...
Group Says California Has Not Dropped Uninsured Motorist Initiative
Mar 14 2008 // Consumer advocacy and public policy reserach group The Greenlining Institute is questioning whether California Commissioner Steve Poizner made a “masked attempt to target the poor.” According to a letter sent...
California Workers’ Comp Division Evaluates Case Management System
Mar 11 2008 // California’s Division of Workers’ Compensation (DWC) recently hosted a public meeting at its Oakland headquarters to discuss how implementation of the division’s new case management program will affect...
Calif. Pet Insurer Notes UK Growth
Mar 11 2008 // Santa Ana, Calif.- based ensurApet, Inc. has issued a bulletin, which notes that “health insurance for pets in the United Kingdom is growing at a record rate.” CEO, Russell Smith stated: “According to...
Union General Offers Apartment Coverage in California
Mar 10 2008 // Union General has an “A+” rated carrier offering both monoline and package coverage for apartments in California. Multiple lines of coverage can be provided such as general liability, property, inland marine...
Former Calif. Regulator Shoots Fla. Man During Arrest
Mar 10 2008 // Former California Insurance Commissioner Chuck Quackenbush, who resigned in scandal in 2000, has resurfaced as a sheriff’s deputy in Fort Myers in southwest Florida. Lee County Deputy Quackenbush, 54, was placed on...
It Figures
Mar 10 2008 // $41 Million A $41 million settlement has been reached between pharmacy benefits management firm Caremark Rx LLC and 29 states over charges that the company and two of its subsidiaries, Caremark LLC and CaremarkPCS LLC...
Declarations
Mar 10 2008 // Scrap the Destructive Plans “The U.S. Forest Service adopted illegal forest management plans that threaten California’s pristine national forests with road construction and oil drilling. … The Forest...
