Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
Portable persistency discounts are good for consumers
Jan 23 2006 // Amid the confusion surrounding the elimination of portable persistency discounts in California, we may have lost sight of the real issue: Portable persistency discounts are good for consumers. California insurance carriers...
Calif. puts more drive into new laws for residents hitting the road
Jan 23 2006 // New penalties for drunk drivers, street racers, and “pocket bike” riders–along with improvements to California’s teen driving requirements–are among the laws that took effect Jan. 1, 2006,...
Calif. Hands Down Convictions for Violating Contractor Licensing Laws
Jan 23 2006 // Ventura County, Calif., District Attorney Gregory Totten reported that the office’s Consumer and Environmental Protection Division recently obtained two convictions for violation of the California Contractors State...
Significant rains has Californians sopping wet
Jan 23 2006 // Just like traffic, higher gasoline prices and high housing costs, Californians have come to expect certain things living in the Golden State. Most recently, it has been the rainy season, which many insurance agents and...
IRC: Insurance Fraud, Buildup Add Some $400M to Calif. Auto Injury
Jan 23 2006 // A recent Insurance Research Council (IRC) study of auto injury insurance claims puts a hefty price tag on the cost of claim abuse in California. In 2002, between $319 million and $432 million in bodily injury liability...
News Currents
Jan 22 2006 // John Garamendi Garamendi’s proposed auto rate regs will likely cause rate hikes Insurers’ estimates say 61 percent of California drivers could pay more. Concern continues to build against California Insurance...
Insurers happy Calif.motorcycle helmet
Jan 22 2006 // Earlier this month, legislation was introduced by Sen. Denise Ducheny, D-San Diego, to permit motorcyclists 18 years and older to ride without helmets if they could show proof of having medical insurance. The bill was...
SPECIAL REPORT: First Flood
Jan 22 2006 // Just like traffic, higher gasoline prices and high housing costs, Californians have come to expect certain things living in the Golden State. Most recently, it has been the rainy season, which many insurance agents and...
SPECIAL REPORT: Tips on minimizing flood damage
Jan 22 2006 // With Northern California rivers and reservoirs at their highest levels in seven years, residents can make pre-flood preparations to lessen the damage to their families, homes and belongings. Following are tips Allstate...
Spotlight: CA More Drive Law
Jan 22 2006 // New penalties for drunk drivers, street racers, and “pocket bike” riders-along with improvements to California’s teen driving requirements-are among the laws that took effect Jan. 1, 2006, according to...
Calif. Hands Down Convictionsfor Violating Contractor Licensing Laws
Jan 22 2006 // Fraud Roundup Ventura County, Calif., District Attorney Gregory Totten reported that the office’s Consumer and Environmental Protection Division recently obtained two convictions for violation of the California...
News Currents
Jan 22 2006 // Mercury Insurance Group CEO proposes voter initiative The head of Mercury Insurance is trying to get an initiative on the November election ballot to restore portable persistency discounts. George Joseph, CEO of Los...
News Currents
Jan 22 2006 // Mercury Insurance Group CEO proposes voter initiative on auto reforms The head of Mercury Insurance is trying to get an initiative on the November election ballot that would undo auto insurance reforms in California and...
SPECIAL REPORT: First Flood
Jan 22 2006 // Just like traffic, higher gasoline prices and high housing costs, Californians have come to expect certain things living in the Golden State. Most recently, it has been the rainy season, which many insurance agents and...
New Markets
Jan 22 2006 // New Markets Nuts & Bolts: Excess & Surplus Lines Insurance Brokers Inc. is placing EPLI with or without third-party liability. Policies can be written monoline or as part of the directors’ and...
News Currents
Jan 22 2006 // Low-Cost Auto Insurance Expands to Six Calif. Counties Anew California law will allow low-income residents in Alameda, Fresno, Orange, Riverside, San Bernardino and San Diego counties, to purchase driver’s insurance...
California insurance carriers spent the last part of December jumping through hoops to comply with the California Depart
Jan 22 2006 // Portable persistency discounts helped to encourage competitively priced products that promote comparison shopping. Amid the confusion surrounding the elimination of portable persistency discounts in California, we may have...
Former Credit Lyonnais Chairman Offers Guilty Plea
Jan 20 2006 // A former chairman and chief executive officer of Credit Lyonnais pleaded guilty Thursday afternoon to two felony charges of causing Credit Lyonnais to make false statements to the Federal Reserve Bank. Jean Peyrelevade,...
Calif. Commissioner Reminds Consumers to Update Disaster Plans on Northridge Earthquake Anniversary
Jan 17 2006 // Calif. Insurance Commissioner John Garamendi on Monday urged Californians to prepare for future emergencies, noting that the devastating Northridge earthquake, which struck twelve years ago today, left many unprepared...
7 Suspects Arrested in Calif. Workers’ Comp Fraud
Jan 16 2006 // Seven suspects in California’s San Joaquin Valley region have been arrested for workers’ compensation fraud that cost insurers $900,000, and duped the state out of some $676,000 in payroll taxes, according to...