Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
IBA West Files Reply Brief with Calif. Office of Administrative Law
Jan 3 2007 // Insurance Brokers and Agents of the West (IBA West) submitted a reply brief on Dec. 21 to the California Office of Administrative Law, as a follow up to an earlier petition filed in September protesting then Commissioner...
Builders & Tradesmen’s Offers Commercial Auto Program in California
Jan 2 2007 // Builders & Tradesmen’s Insurance Services Inc., Rocklin, Calif., has a new commercial automobile market available in California underwritten by Commerce West Insurance Co. The program is designed for vehicles up...
Natural Disasters, Workers’ Comp Still California Concerns, Garamendi Says
Jan 2 2007 // Outgoing California Insurance Commissioner John Garamendi said “California is not prepared for the financial consequences of a major disaster” and more work needs to be done to improve the state’s...
MJ Hall Offers Residential Homebuilders Program
Dec 29 2006 // M.J. Hall and Co. Inc., a general agent and surplus lines wholesaler, has a new residential homebuilders program. The new homebuilders general liability program is for custom and tract general contractors in Arizona and...
Chin Appointed Staff Services Manager for California State Fund
Dec 28 2006 // Erin Chin has been promoted to staff services manager for State Fund’s Human Resources Department. She brings 18 years of experience to her new post, starting with SCIF in 1987 when she was hired as an auditor for...
Commissioners, compensation rules, earthquakes made for shaky ground
Dec 25 2006 // In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have...
People and Places
Dec 25 2006 // Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio, Texas. NAIC named Alabama Insurance Commissioner Walter Bell president, Kansas...
2006: a big year for P&C buyers and sellers of all shapes and sizes
Dec 25 2006 // JANUARY Hallmark Aquires Aerospace Holdings Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark...
It Figures
Dec 25 2006 // 5.9% Decrease in average total combined auto insurance premium in Colorado from 2003 to 2004, according to the National Association of Insurance Commissioners’ “2003/2004 Auto Insurance Database Report.”...
California agents may get more calls from uninsured motorists
Dec 25 2006 // Insurance agents who sell personal lines in California might be getting more calls than usual from consumers seeking auto insurance, now that the state is cracking down on uninsured motorists. Following legislation SB1500,...
Top 10 Stories of the Year – West
Dec 24 2006 // In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have...
Dec 24 2006 // People Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio, Texas. NAIC named Alabama Insurance Commissioner Walter Bell president,...
Figures
Dec 24 2006 // 5.9% Decrease in average total combined auto insurance premium in Colorado from 2003 to 2004, according to the National Association of Insurance Commissioners’ “2003/2004 Auto Insurance Database Report.”...
10 Calif. agents may get more calls from uninsured motorists
Dec 24 2006 // State issuing record number of registration suspension notices 10 Nevada proposes workers’ comp loss cost rate increase Inflationary pressures moving prices upward 11 Hawaii issues captive license to MHC...
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
California agents may get more calls from uninsured motorists
Dec 24 2006 // Insurance agents who sell personal lines in California might be getting more calls than usual from consumers seeking auto insurance, now that the state is cracking down on uninsured motorists. Following legislation SB1500,...
Munich Re Places $190 Million Calif. Quake Cat Bond for Zurich
Dec 22 2006 // Munich Re announced that it has transferred earthquake risks in California to the capital markets for subsidiaries of the Zurich Financial Services Group in cooperation with Aon Capital Markets, providing coverage through...
Aon Places California Earthquake Catastrophe Bond
Dec 22 2006 // Aon Corp., based in Chicago, announced that its investment banking group, Aon Capital Markets, completed the private placement of $190 million of principal at- risk variable rate notes for Munich Re. The placement provides...
Oregon Revokes Producer Salcido’s License
Dec 21 2006 // The Director of the Oregon Department of Consumer and Business Services has revoked the license of nonresident producer Manuel A. Salcido. Salcido has been licensed in Oregon as a nonresident insurance producer from Nov....
Overall, Foodborne Illnesses Decline, Except from Leafy Vegetables
Dec 21 2006 // Recent E. coli outbreaks have drawn attention to foodborne illnesses, and though officials say the overall number of cases is on the decline, produce — particularly leafy vegetables — is increasingly a carrier of germs...
