Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Axiom Specialty Offers New E&S Market in Calif.
Feb 5 2007 // Axiom Specialty Insurance Services based in Victorville, Calif., has a new E&S market for small and medium commercial package available in California. The market will enable the company to offer property, general...
McKenna to Lead Beecher Carlson’s California Operations
Feb 5 2007 // Atlanta-based Beecher Carlson, an insurance brokerage and risk management consulting firm, has appointed Frank McKenna to lead the company’s California operations. This encompasses offices located in Los Angeles,...
Calif. Governor Seeks to Designate Marin County a Disaster Area
Feb 5 2007 // Gov. Arnold Schwarzenegger has asked the U.S. Secretary of Agriculture to designate Marin County, Calif., a disaster area because of freezing temperatures in mid-January. “Though the full effect of the freezing...
La. Gov. Wraps up Calif. Trip with Plea to Insurance Executives
Feb 2 2007 // Insurance executives are growing more interested in doing business in Louisiana because of recent moves by the Florida Legislature that the industry considers government meddling, Gov. Kathleen Blanco said recently. Blanco...
Calif. Department of Insurance Offers Online Service for Agencies
Feb 2 2007 // The California Department of Insurance has introduced a new Internet service for insurance agencies to add or remove insurance agents from their records. This new service streamlines the process for agencies to add or...
Calif. Surplus Lines Association Elects Norton Chairman
Feb 2 2007 // The members of the Surplus Line Association of California (SLA) unanimously elected Ceil Norton as their Chairman during the SLA Annual meeting held Jan. 23 in San Francisco and Jan. 25 in Beverly Hills, Calif. Norton is...
IBA West Installs New Officers, Honors Young with Ramsden /Sullivan Award
Feb 2 2007 // Insurance Brokers and Agents of the West installed new officers at its annual meeting on Jan. 31 in Sacramento. New officers include: President Paul Bystrowski, president, CEO and CFO for John O. Bronson; President-Elect...
Calif. Permanently Disabled Return-to-Work Rates Up 5%
Feb 1 2007 // California’s Division of Workers’ Compensation (DWC) has released return-to-work rate information on permanently disabled workers that shows a more than five percent average increase in return-to-work rates for...
Calif. Commissioner to Examine Broker Disclosure, Workers’ Comp Issues
Feb 1 2007 // California Insurance Commissioner Steve Poizner may have three major priorities for his office — to make his office non-partisan, to fight insurance fraud and to prepare the state for the next major disaster — but that...
Victims of Calif. Flooding Seek $1 Billion in Lawsuits
Feb 1 2007 // Victims of last winter’s flooding in Marin County, Calif., are seeking more than $1 billion in a suit filed against government agencies they blame for the devastation. Each of the 265 individuals and businesses named...
California Surplus Line Premiums Top $6 Billion
Jan 31 2007 // The Surplus Line Association of California (SLA) has released its analysis of annual filed premium, which indicates that $6.02 billion in California surplus line insurance premiums were processed in calendar year 2006. The...
California AG Reaches $8 Million Settlement with Bayer Corp.
Jan 31 2007 // California Attorney General Jerry Brown has reached an $8 million, 30-state settlement with Bayer Corp. that will resolve an enforcement action initiated because of Bayer’s failure to adequately disclose safety risks...
La.’s Blanco and Donelon Travel to Calif. for Outreach to Insurers
Jan 30 2007 // Louisiana Governor Kathleen Babineaux Blanco kicked off a three-day insurance outreach mission Jan. 29 in San Francisco, part of her continuing efforts to bring affordable insurance home to Louisiana, the governor’s...
Case Law Watch
Jan 29 2007 // Additional Insureds Alpha Holdings Ltd. v. Travelers Indemnity (California Court of Appeals, Second District, July 13, 2006) Ruling: This case involved a declaratory judgment action on insurance coverage under a...
Calif. declares insurance claims emergency in wake of cold freeze
Jan 29 2007 // A recent proclamation by California Insurance Commissioner Steve Poizner is allowing out-of-state insurance adjusters to be dispatched to California’s agricultural community to assist in the state of emergency...
New Markets
Jan 29 2007 // Builders & Tradesmen’s Commercial Package Nuts & Bolts: Builders & Tradesmen’s Insurance Services Inc., Rocklin, Calif., has a new commercial package policy available in California underwritten...
Calif. reaches resolution with insurers over legal fees
Jan 29 2007 // The California Department of Insurance has reached a resolution of its obligation to pay attorneys’ fees to two of the insurance companies that challenged the constitutionality of the landmark Holocaust Victims...
CALIF. HOSPITALS MAY NOT MEET EARTHQUAKE SAFETY STANDARDS
Jan 29 2007 // Nearly half of California hospital buildings in danger of collapsing during a major earthquake will not meet a state deadline for safety improvements, according to a new study. Standards passed after the deadly 1994...
Remapping California flood zones might spur wave of policy sales
Jan 29 2007 // Homeowners who witnessed the devastation wrought by Hurricane Katrina seem to have boosted flood insurance sales dramatically in 2006, and federal government actions also might force others to purchase flood coverage, as...
Calif. Insurance Commissioner Poizner sworn in
Jan 29 2007 // Steve Poizner took his oath of office on Jan. 8, becoming California’s new Insurance Commissioner. During his remarks, Poizner vowed to make the office bi-partisan, to lower insurance rates by combating fraud and to...