Latest California Headlines

Fraud Roundup

Feb 6 2006 // Roofer To Pay Calif. State Fund $117,000 A San Joaquin County, Calif., Superior Court Judge has ordered Lodi,Calif., resident Joseph C. Campbell, 39, to pay $117,000 in restitution to California’s State Compensation...

Calif. could force investment reporting

Feb 6 2006 // The California Assembly is considering a bill that would require insurers to report biannually to the insurance commissioner their community development investments. When it was initially introduced, AB 925 would have...

Insurance company taxes, investments grow Golden State’s economy

Feb 6 2006 // Insurers are cultivating California’s economy. In fact, the insurance industry benefits “the economic security of California and its citizens through claims and benefits paid to policyholders; investments in...

New Markets

Feb 6 2006 // Non-Standard Medical MalpracticeNuts & Bolts: NAS Insurance Services has broadened its non-standard medical malpractice insurance to virtually all physicians specialists — plastic/cosmetic surgeons, emergency...

Proposed Calif. reinsurance regulations could hurt business

Feb 5 2006 // News Currents The California Department of Insurance has proposed new reinsurance oversight regulations, which several insurance industry associations said are “unnecessary, burdensome and anti-market...

Calif. could force investment reporting

Feb 5 2006 // The California Assembly is considering a bill that would require insurers to report biannually to the insurance commissioner their community development investments. When it was initially introduced, AB 925 would have...

New Markets

Feb 5 2006 // New Markets Nuts & Bolts: NAS Insurance Services has broadened its non-standard medical malpractice insurance to virtually all physicians specialists – plastic/cosmetic surgeons, emergency room physicians, lasik...

Feb 5 2006 // People Bob Amado, president of Colemont’s Northern California offices, has retired, effective Jan. 1, 2006. Doris Barnett has been named his successor. Amado joined Colemont in 1997 and was instrumental in growing...

Petition for Class Action Filed against Calif. SCIF

Feb 5 2006 // Chris R. Alcala of Los Angeles has filed a petition for class action against California’s State Fund Compensation Insurance Fund for mispaying for interpreting services. According to the petition, SCIF paid $45...

California Insurance Industry

Feb 5 2006 // I nsurers are cultivating California’s economy. In fact, the insurance industry benefits “the economic security of California and its citizens through claims and benefits paid to policyholders; investments in...

LA doctor pleads not guilty in alleged health care scam

Feb 5 2006 // A doctor has pleaded not guilty to charges of bilking insurance companies by arranging unneeded surgeries with the cooperation of patients. Dr. Mamdouh Bahna, 58, who entered his plea in federal court, was taken into...

California State-East Bay Employees May Have Had Data Breached

Feb 3 2006 // More than 2,000 current and former employees of California State University, East Bay, may have had their Social Security numbers and other personal information breached during a suspected break-in of a computer server on...

Calif. Division of Workers’ Comp Notes Reforms Working

Feb 3 2006 // California’s Division of Workers’ Compensation (DWC) has released a study on the effects of legislative reforms on insurance rates in the state, noting that rates have been reduced and competition has returned....

Insurance Skills Center Hosts E&O Classes Throughout California

Feb 2 2006 // Insurance Skills Center, Huntington Beach, Calif., will be presenting errors and omissions classes throughout California that focus on the new issues of permanent digital retention of records, the increased exposure to the...

Trio Nabbed in Calif. Auto Vandal Scam

Feb 2 2006 // Two Sacramento residents and one Galt resident have been arrested for their alleged involvement in a “staged auto vandalism” ring, according to the California Insurance Commissioner’s office. The case...

Union Bank of California Integrates Insurance Operations

Feb 2 2006 // Union Bank of California North America, based in San Francisco, has consolidated its insurance operation under the brand UnionBanc Insurance Services Inc. Union Bank entered the insurance brokerage business in 2001 with...

California Creates Web Site To Combat Workers’ Comp Fraud

Feb 1 2006 // The California Department of Insurance has launched a new Web site to fight against workers’ compensation fraud and spotlight the convictions of those who cheat the system. The site, accessible on the California...

Calif. Chiropracter Arrested for Fraud

Feb 1 2006 // The California Department of Insurance (CDI) has announced that Michael Keklikian, 38, was arrested by investigators from the Department of Insurance Fraud Division. Keklikian was arrested on a $30,000 felony warrant...

California Surplus Line Association Elects New Officers

Jan 31 2006 // The Surplus Line Association of California’s (SLA) elected new officers at its Annual Meeting held in Northern California on January 24 and in Southern California on Jan. 26, 2006. New officers include: chairman...

Lexington Enhances Online Risk Management Tools for Employers

Jan 30 2006 // Lexington Insurance Company, a member company of American International Group Inc. has expanded its online training capabilities at: www.lexeplhelp.com for customers carrying employment practices liability (EPL) insurance....