Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Fireman’s Fund To Reduce California Homeowners’ Premiums 17.9%
Jul 2 2008 // California Insurance Commissioner Steve Poizner has approved a 17.9 percent reduction in insurance premiums for Fireman’s Fund California homeowners. This reduction will bring a total of $30 million in savings to...
Firefighters in Stalemate Against Calif. Wildfires
Jul 1 2008 // Firefighters have battled more than a thousand wildfires burning throughout Northern California to a stalemate, but forecasters said dangerous fire conditions will not relent anytime soon. No new major fires had broken out...
Willis Research Network Joins in California Earthquake Study
Jun 30 2008 // The Willis Research Network, part of Willis Group Holdings Ltd., the global insurance broker, has joined with the U.S. Geological Survey and the California Geological Survey to develop a scenario that shows how a magnitude...
Fireman’s Fund Lowering Homeowners Rates in California 17.9 Percent
Jun 27 2008 // Fireman’s Fund is lowering its premiums by 17.9 percent for California homeowners, following an order issued by California Insurance Commissioner Steve Poizner . The savings, which are estimated to amount to $35.1...
California Comments on The Doctors Co.’s Acquisition of SCPIE Holdings, Following Investigation
Jun 27 2008 // Following a federal criminal investigation into The Doctors Co., the California Department of Insurance has issued the following statement, explaining its consent to the acquisition of SCPIE Holdings Inc. by The Doctors...
700 Fires Still Burning in California
Jun 27 2008 // Firefighters scrambled Wednesday, June 25, 2008, to tame a lightning-sparked wildfire in the Los Padres National Forest that already burned 16 homes and is moving closer to the scenic community of Big Sur, where it...
Mercury Insurance To Pay $250,000 in California Claims Handling Settlement
Jun 26 2008 // California Insurance Commissioner Steve Poizner announced that Mercury Insurance Group will pay a $250,000 settlement for alleged claims handling violations. “I’m pleased that Mercury has agreed to this...
California Fire Season Likely to Get Worse
Jun 26 2008 // Following nearly 8,000 lightning strikes that set more than 800 wildfires across Northern California, a meterologist is predicting much worse conditions throughout the rest of the fire season. “This doesn’t...
California Firefighters Battle More Than 800 Blazes; Evacuations Ordered
Jun 24 2008 // Hundreds of wildfires sparked by lightning have flared across the heart of wine country and remote forests in Northern California, the latest batch of destructive blazes in the bone-dry state. As of Monday, June 23, 2008,...
California Sends Assistance to Fire Survivors in Butte County
Jun 24 2008 // California Insurance Commissioner Steve Poizner deployed Department of Insurance (CDI) consumer information experts to help Butte County fire survivors with recovery efforts. Governor Schwarzenegger announced the creation...
OneBeacon to Acquire California’s Entertainment Brokers
Jun 24 2008 // OneBeacon Insurance Group has agreed to acquire Entertainment Brokers International Insurance Services, a California managing agency specializing in the entertainment, sports and leisure industries. The sale is expected to...
Insurance Information Network of California Offers Residents Fire Toolkit
Jun 23 2008 // The Insurance Information Network of California is offering residents an interactive toolkit to help them prepare, survive and recover from future fires. According to IINC, the electronic toolkit is being released one year...
California Considering Pay-As-You-Drive Auto Insurance
Jun 23 2008 // California’s Department of Insurance is hosting a workshop at 10 a.m., Monday, June 23, 2008, to solicit input on bringing “pay-as-you-drive” automobile insurance to the state. According to the DOI,...
California Deploys Investigators to Fire Zones
Jun 20 2008 // California Insurance Commissioner Steve Poizner announced that he has dispatched California Department of Insurance investigators to the Humboldt and Ophir Fire zones to provide assistance to fire survivors as they face...
California Senate Approves Agent-Broker, Spyware Bills
Jun 20 2008 // California’s Senate Banking, Finance and Insurance Committee approved two bills — one allowing insurance cmpanies to require spyware to be installed in vehicles, and the other clarifying the duties of an agent...
Allstate Dropping Appeal of Calif. Auto Rate Cuts
Jun 20 2008 // Insurer Allstate Corp said it has dropped its bid to fight a reduction on auto policy rates imposed earlier this year by California’s insurance regulator. An Allstate spokesman, in an e-mailed statement, said the...
California State Fund Appoints Shiroma Program Manager
Jun 19 2008 // Matthew Shiroma has been promoted to program manager of the newly created contracts and purchasing department for California State Compensation Insurance Fund. The department oversees the purchasing of capital equipment,...
AIG Private Client Group Expands Wildfire Protection Services
Jun 19 2008 // AIG Private Client Group, a division of the personal lines property and casualty insurance subsidiaries of American International Group Inc., announced that its Wildfire Protection Unit service has doubled the number of...
Wells Fargo Insurance Services Founds Western Division of Industry Charitable Foundation
Jun 17 2008 // The Insurance Industry Charitable Foundation has launched a new Western Division. After 15 years operating solely in California, the Foundation has expanded to include all areas of the Western United States. Wells Fargo...
California Senate Considers Agent-Broker Bill, Consumer Group Challenges Legislation
Jun 17 2008 // Three pieces of legislation will be heard in the Senate Banking, Finance and Insurance committee on Wednesday, June 17, 2008. Assemblyman Jared Huffman’s AB 2800 would allow insurance companies to require drivers to...
