Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Cohen Leaves California Insurance Department for Fireman’s Fund
Jun 25 2007 // California Department of Insurance General Counsel Gary M. Cohen will leave the Department on July 13 to take a position as Deputy General Counsel of Allianz of America and Chief Counsel of Fireman’s Fund Insurance...
Calif. Agent Sentenced for Grand Theft
Jun 25 2007 // A Southern California agent has been convicted of one felony count of grand theft and sentenced to serve jail time and pay full restitution to her victims for stealing more than $11,000 from her clients. According to...
Sims Named Claims Manager for Calif. State Fund
Jun 22 2007 // Karen Sims has been promoted to claims manager for the California State Compensation Insurance Fund’s Fresno Claims Processing Center. Sims was hired as an office assistant in the organization’s Fresno District...
Calif. Court Rules Employer Not Responsible for All Permanent Disability
Jun 22 2007 // The California Supreme Court has rejected an appeal of an injured electrician, affirming a lower court’s ruling that an employer is not responsible for permanent disability it did not cause. The case, Larry Gossett...
Calif. Reports Most Agricultural Freeze Claims Settled
Jun 21 2007 // California Insurance Commissioner Steve Poizner says most of the farmers affected by the January 2007 freeze have had their crop insurance claims settled, following his meeting with Fresno-area agricultural leaders...
California Construction Sweep Yields 33 Citations
Jun 21 2007 // Investigators with the California Economic and Employment Enforcement Coalition (EEEC) recently targeted businesses in the construction industry who were operating illegally, to root out those companies that are avoiding...
Calif. Workers’ Comp Written Premiums Down 17% in Q1
Jun 20 2007 // The Workers Compensation Insurance Rating Bureau of California has released the results of its report summarizing insurer loss and premium experience through March 31, 2007. According to the report: “California...
Calif. Approves New Medical Treatment Guideline Regulations
Jun 20 2007 // California’s Office of Administrative Law has approved new medical treatment guideline regulations. Primarily, the regulations: *Defined or deleted terms such as acute, chronic, claims administrator as suggested by...
Calif. Workers Comp Bureau Reports $3.8 Billion Spent on Medical Services
Jun 19 2007 // The Workers Compensation Insurance Rating Bureau of California has released its report on workers’ compensation losses and expenses for 2006. The report is prepared annually pursuant to Section 11759.1 of the...
Calif. State Fund files 11% premium decrease
Jun 18 2007 // California’s State Compensation Insurance Fund announced it filed for an 11 percent average decrease in collectible premium for its July 1, 2007, workers’ compensation insurance rates. The new rates will affect...
News Currents
Jun 18 2007 // Study: Calif. workers’ comp reforms are working Yet risk managers say keeping workers safe and costs down still major concerns California employers and insurers have started to see — and should continue to see...
People
Jun 18 2007 // Countrywide Insurance Group named Steve Cardinal president and chief operating officer of Countrywide Insurance Services. As a member of Countrywide Insurance Group’s executive team, Cardinal will oversee all aspects...
Fraud Roundup
Jun 18 2007 // Oregon Fines Former Marsh Executive The Oregon Department of Consumer and Business Services has fined a former executive of insurance broker Marsh USA Inc. for her role in overcharging public entities for insurance...
Mulryan: Working to improve Calif. State Fund’s value, transparency
Jun 18 2007 // California’s State Compensation Insurance Fund suffered setbacks recently over unethical practices in its group programs, and an order by California Insurance Commissioner Steve Poizner forced the organization to...
Workers’ comp writers report best underwriting results in decades
Jun 18 2007 // The workers’ compensation calendar year combined ratio stands at 96.5 percent — the best underwriting result in at least 30 years and the first underwriting profit for the line since 1995, according to the...
Calif. Hull & Co. Adds Residential Homebuilders Market
Jun 15 2007 // Stockton, Calif.-based Hull & Co. recently announced a new residential homebuilders market in California. Coverage is provided by an “A+” XV carrier and is designed for companies with up to $15 million in...
California Expands Low Cost Auto Insurance Program
Jun 14 2007 // California Insurance Commissioner Steve Poizner announced plans to expand the California Low Cost Automobile Insurance Program (CLCA) to 10 additional counties – Santa Cruz, Solano, Marin, Madera, Placer, Napa, Yolo,...
Bill Aims to Add Accountant to Calif. State Fund Staff
Jun 14 2007 // The California Assembly has passed a bill, which would require the organization to add a certified public accountant to its staff. Additionally, the bill would require SCIF’s board of directors to appoint a...
Calif. Signs Operating Agreement with German Insurance Department
Jun 12 2007 // California Insurance Commissioner Steve Poizner signed a memorandum of understanding (MOU) with the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), the regulatory and supervisory body for all insurance business...
Lawmakers’ Driving Claims Cost California Taxpayers
Jun 11 2007 // Lawmakers using state-issued vehicles filed auto insurance claims at a far higher rate than the general public, costing California taxpayers nearly $90,000 the past two years, according to records obtained by The...