Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
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...
Preferred Employers Introducers Medical Provider Network for California Businesses
Mar 26 2008 // San Diego-based Preferred Employers Insurance Co., which specializes inworkers’ compensation insurance for small employers in California, has created a medical provider network for treatment of work related injuries....
Research: Hands-Free Law Might Not Make California Roads Safer
Mar 26 2008 // A growing body of evidence suggests California requiring adult drivers to use hands-free devices with their cell phones will do little to reduce crashes. Research shows being a distracted driver is not necessarily about...
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 &...
