Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Pacific Coast E&S Services moves to Santa Rosa, Calif.
Mar 5 2007 // Pacific Coast E&S Services has moved to a new office location in Santa Rosa, Calif. . The new address is:2235 Mercury Way, Suite 110 Santa Rosa CA 95407-5472. PHone, fax and e-mail addresses hace not changed.
Calif. Wins $443.5 Million Arbitration Award
Mar 5 2007 // California Insurance Commissioner Steve Poizner announced the Department of Insurance’s Conservation and Liquidation Office (CLO) has won an arbitration award of $443.5 million in favor of the five Superior National...
Calif. Commissioner Appoints Executive Team
Mar 1 2007 // California Insurance Commissioner Steve Poizner has named his 14-member executive team at the Department of Insurance. Earlier in February, Poizner was criticized for naming insurance industry representative, Bill...
State Farm to Distribute $195 Million Calif. Auto Policyholder Dividend
Mar 1 2007 // State Farm Mutual Automobile Insurance Co. announced that auto insurance policyholders in California will receive a dividend 15 percent of their semi-annual premium. The total amount to be distributed is estimated to total...
U.S. Risk Acquires E.M. Morrow Agency
Feb 27 2007 // U.S. Risk Insurance Group Inc. has expanded its California operations by acquiring E.M. Morrow Insurance General Agency Inc., in Oakland, Calif. E.M. Morrow has served the California property and casualty market for 30...
Safeco to cut homeowners, commercial rates across California
Feb 26 2007 // Seattle-based Safeco announced it will be cutting rates for California homeowners in 2007 by an average of 20 percent. The move is expected to affect some 200,000 Safeco home and business customers in California, according...
FEMA tripling Calif. San Joaquin River Flood Plain
Feb 26 2007 // The Federal Emergency Management Agency plans to triple the size of California’s San Joaquin River flood plain on maps, which could limit development and force more homeowners to buy flood insurance. FEMA plans to...
Superior Court upholds CDI homeowner protections
Feb 26 2007 // Insurers may not depreciate the cost of labor when paying on homeowners’ insurance claims, the California Superior Court has ruled. Previously, that practice by insurers forced homeowners to makeup the difference and...
Coming to the Rescue: States get ready to modernize surplus lines regulation
Feb 26 2007 // Bernd (Bernie) G. Heinze, executive director of the American Association of Managing General Agents (AAMGA), recalls a perfect example of the regulatory difficulties the surplus lines industry faces. A colleague at a...
News Currents
Feb 25 2007 // Safeco to cut homeowners, commercial rates across California Seattle-based Safeco announced it will be cutting rates for California homeowners in 2007 by an average of 20 percent. The move is expected to affect some...
Business Moves
Feb 25 2007 // EIG Mutual Holding Co. Nevada Insurance Commissioner of Insurance Alice A. Molasky-Arman announced that EIG Mutual Holding Co., a Nevada domestic insurer specializing in workers’ compensation, has completed its...
Superior Court upholds CDI homeowner protections
Feb 25 2007 // Insurers may not depreciate the cost of labor when paying on homeowners’ insurance claims, the California Superior Court has ruled. Previously, that practice by insurers forced homeowners to makeup the difference and...
FEMA tripling Calif. San Joaquin River Flood Plain
Feb 25 2007 // Parts of the Beachwood-Franklin neighborhood in Merced, Calif., are seen after being flooded from a levee break that occurred on April 4, 2006 . (AP Photo/The Merced Sun-Star, Jack Bland, file photo.) The Federal Emergency...
Coming To The Rescue
Feb 25 2007 // Bernd (Bernie) G. Heinze, executive director of the American Association of Managing General Agents (AAMGA), recalls a perfect example of the regulatory difficulties the surplus lines industry faces. A colleague at a...
Calif. Workers’ Comp Institute Offers Case Law Seminar
Feb 24 2007 // The California Workers’ Compensation Institute has scheduled a one-day case law seminar for April 23 in Long Beach, Calif., and April 25 in San Francisco. The program will examine recent workers’ compensation...
Progressive Drops ‘Drive’ Brand Name…Except in Calif.
Feb 23 2007 // The Progressive Group of Insurance Companies today announced a change in its brand names for products sold through its agents. The company said it is putting the Progressive name first in the names of all of the products...
Calif. State Fund Hosting Safety Seminar Feb. 28
Feb 23 2007 // California’s State Compensation Insurance Fund and the California Public Utility Safety Alliance are sponsor a safety seminar about the dangers of working near overhead and underground gas and electrical lines on...
John Barrett Joins Aon’s Southern California Executive Team
Feb 22 2007 // Aon recently announced that John Barrett has joined its Southern California executive team as resident managing director for Los Angeles. Barrett, 47, was formerly managing director of Marsh, Los Angeles where he built a...
Maverick Commercial Offers Program for Calif. Commercial Contractors
Feb 22 2007 // Calabasas, Calif.-based Maverick Commercial Insurance Services has added a new program for artisan contractors, which includes workers’ compensation, general liability and automobile coverage. The program is an...
A.M. Best: Reforms Create a Profitable Calif. Workers’ Comp Market
Feb 20 2007 // The workers’ compensation environment in California has experienced a metamorphosis over the past few years, changing a historically unprofitable line of business into an appealing and profitable line that has seen...
