Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Calif. Pre-Paid Funeral Insurance Scam Targets Elderly
Apr 27 2007 // California Insurance Commissioner Steve Poizner is alerting senior citizens and their families to make certain they or their loved ones are not victims of a pre-paid funeral scam which targeted the elderly in Southern...
Recall: Meat Distributor Blames E. coli Contamination on Slaughterhouse
Apr 26 2007 // The company that distributed hamburger patties believed to have sickened at least three children with E. coli bacteria in the Western United States is blaming the contamination on the slaughterhouse that processed the...
Calif. Assembly Insurance Committee Passes Fraud Measure
Apr 26 2007 // California’s Assembly Insurance Committee has passed Assembly Bill (AB) 1401 on a bi-partisan 8-0 vote. According to the California Department of Insurance, the measure would provide the DOI with additional...
Signed Liability Waiver May Not Protect Against Gross Negligence
Apr 26 2007 // Is a signed liability waiver useless in protecting a government entity from gross negligence and only good in protecting against ordinary negligence? That issue is expected to be decided by the California Supreme Court in...
Survey: California Susceptible to Class Action Lawsuits
Apr 25 2007 // California’s class action law ranks 46th in the nation in fairness and reasonableness, according to an annual national ranking of state civil justice systems. The rankings were released today by the U.S. Chamber of...
Ark. commissioner: Regulators have dual role
Apr 23 2007 // Testifying before the United States Senate Committee on Commerce, Science and Transportation on April 11, Arkansas Insurance Commissioner Julie Benafield Bowman, told lawmakers that insurance regulators have the dual...
People
Apr 23 2007 // The Property Casualty Insurers Association of America hired Benjamin J. McKay III as senior vice president of federal government relations in its Washington, D.C., office. Previously, McKay served as chief of staff for...
Mercury Insurance Premier Sponsor of Community Service Event
Apr 20 2007 // Los Angeles-based Mercury Insurance has committed to become a Premier Sponsor of Big Sunday ’07, dubbed the largest community service event in America. Big Sunday ’07 will be staged April 28 and 29, 2007,...
Calif. Office of Administrative Law Repeals DOI Agent/Broker “Precedential Decision”
Apr 19 2007 // The California Department of Insurance (CDI) has been handed a procedural setback in its effort to crack down on agents charging broker fees. This week, the California Office of Administrative Law (OAL) determined that...
Calif. State Fund To Receive $46,000 in Workers’ Comp Fraud Case
Apr 19 2007 // Imperial Valley, Calif., County Superior Court Judge Poli Flores has ordered an employee of an El Centro, Calif., hay exporter to pay $45,996 in restitution to the State Compensation Insurance Fund in a workers’...
Fireman’s Fund Expands Wildfire Protection Services in Calif.
Apr 19 2007 // Novato, Calif.-based Fireman’s Fund Insurance Co. has expanded its territory and offerings with FireProtec, a vegetation cutting crew staffed by off-duty firefighters. Through the alliance, Fireman’s Fund said...
Calif. State Fund Hires Two Amid Ongoing Investigation
Apr 18 2007 // The troubled California State Compensation Insurance Fund has hired Stephen C. Kolakowski as interim CFO and Marjorie Berte as a management consultant. Recently, the state’s workers’ compensation insurer...
Calif. State Fund To Host Accident Investigation Seminar
Apr 13 2007 // California’s State Compensation Insurance Fund will sponsor a comprehensive accident investigation seminar in Oxnard, Calif., on April 18. The seminar, which is free to State Fund policyholders, is designed to show...
Ark. Commissioner Speaks to Senate Committee on State of P/C Industry
Apr 12 2007 // Arkansas Insurance Commissioner Julie Benafield Bowman testified before the United States Senate Committee on Commerce, Science and Transportation on April 11 on the overall state of the property/casualty insurance market...
Golden Bear Upgraded by A.M. Best
Apr 11 2007 // Golden Bear Insurance Company has been upgraded to a “B++ VI” rating by A.M. Best Company. The rating reflects the company’s continued underwriting and operating profitability, solid capitalization and...
Cunningham Lindsey Appoints Larson to Business Development Team in Calif.
Apr 10 2007 // Dallas-based Cunningham Lindsey U.S. has added Barbara Larson to its Business Development Team as a regional account executive to be based in the company’s Sacramento, Calif., office. Larson brings more than 20 years...
People and Places
Apr 9 2007 // Marsh Inc. appointed chief operating officers for three of its core business sectors. The executives are: Patricia Hagemann, who has been named chief operating officer of the Americas; David Lessing, chief operating...
On shaky ground?
Apr 9 2007 // Two decades since its formation, the West’s only regional catastrophe pool, the California Earthquake Authority, faces financial and management changes that could have significant implications for its future. Those...
PREDICTING EARTHQUAKE LOSSES
Apr 9 2007 // The California Earthquake Authority is collaborating with the U.S. Geological Survey and the National Science Foundation on a new earthquake damage risk model to update the current model developed by risk modeling company...
My New Markets
Apr 9 2007 // Skating Rinks, Roller and Ice Venues Nuts & Bolts: American Insurance Alliance is offering Roller and Ice Skating venues that are traditionally difficult to insure general liability coverage. American Insurance...