Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
California workers’ comp reforms working
Jan 7 2007 // The Workers’ Compensation Insurance Rating Bureau of California has completed its report summarizing insurer loss and premium experience through Sept. 30, 2006. The data seems to verify that workers’...
Jan 7 2007 // People Zurich Financial Services Group appointed Maine Insurance Superintendent Alessandro A. Iuppa head of government and industry affairs for General Insurance, and chief government affairs officer for North America....
Fraud Roundup
Jan 7 2007 // Calif. State Fund receives $3 million-plus San Diego Superior Court Judge William H. McAdam has ordered the owners of a San Diego area roofing company to pay $3 million in restitution to California’s State...
Do your construction clients know what they’re getting?
Jan 7 2007 // If you have construction clients, you may know there are several relatively new policy form options available. These options have increased in recent times, including the introduction of limited reporting periods, or...
Editor’s Note: Future predictions
Jan 7 2007 // People ring in the New Year with all sorts of traditions. New Yorkers drop a Waterford crystal ball in Times Square. Japanese families shoot off fireworks to keep evil spirits away. And in the South, a meal of cornbread...
Calif. Announces $295 Million in Additional Distributions to Executive Life Policyholders
Jan 5 2007 // California Insurance Commissioner John Garamendi has announced that the Department of Insurance has won a dispute over the distribution of proceeds obtained through litigation on behalf of policyholders of the failed...
State Farm Drops Auto, Homeowners Rates Nearly $500 Million in Calif.
Jan 4 2007 // State Farm and California Insurance Commissioner John Garamendi announced that the company’s nearly 3 million auto and 1.4 million homeowners, renters and condo owners in California will see about $500 million in...
Calif. Workers’ Comp Commission Elects Wilson Chairman
Jan 3 2007 // The California Commission on Health and Safety and Workers’ Compensation has elected Commissioner John C. Wilson chairman. Wilson is a contract accreditation consultant to the California Association of Joint Powers...
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...
