Latest California Headlines

Climate Change Poses Major Threat to U.S. Insurance Industry

Sep 19 2005 // Report Warns of Dire Consequences Unless Industry, Government Act Hurricane Katrina is a reminder that U.S. insurers, government and consumers are at great risk from escalating losses from hurricanes and other...

Writing Wineries Requires More Than Just a Tasting

Sep 19 2005 // To be successful, you must thoroughly drink in all the details. Insuring wineries may sound like a lucrative and growing business. All 50 states now produce wine, and the business has a total economic impact of $33...

Hurricane Katrina: The Legal Saga Begins

Sep 19 2005 // The New Orleans tragedy may spawn a wave of litigation related to flood protection and levee failures. Public statements, which may serve as a foundation for massive public safety legal claims, began Sept. 1. Based on the...

Heat Waves Could Hurt California’s Energy Grid

Sep 19 2005 // More frequent and intense heat waves that are expected in California during the next 100 years could overburden the state’s electric utility grid, according to a study by the U.S. Department of Energy’s...

Climate Change Poses Major Threat to U.S. Insurance Industry

Sep 19 2005 // Hurricane Katrina is a reminder that U.S. insurers, government and consumers are at great risk from escalating losses from hurricanes and other weather-related events, according to a report by a Boston-based investor and...

Writing Wineries Requires More Than Just a Tasting

Sep 19 2005 // To be successful, you must thoroughly drink in all the details. Insuring wineries may sound like a lucrative and growing business. All 50 states now produce wine, and the business has a total economic impact of $33...

Hurricane Katrina: The Legal Saga Begins

Sep 19 2005 // The New Orleans tragedy may spawn a wave of litigation related to flood protection and levee failures. Public statements, which may serve as a foundation for massive public safety legal claims, began Sept. 1. Based on the...

Calif. Senate Approves Post-Disaster Insurance Bills

Sep 19 2005 // The California Senate has approved two bills designed to ease the process of rebuilding for victims of natural disasters in the state. Senate Bills 2 and 518 share a provision requiring insurance companies to pay the...

Calif. Chiropractors Nabbed in Scam

Sep 19 2005 // An El Dorado County, Calif., chiropractor and three Central Valley, Calif., chiropractors have been arrested on multiple felony counts, including insurance fraud. Richard Guadalupe Saucedo, 62, of Turlock, and Pedram...

News Briefs

Sep 19 2005 // UTAH UTAH SUPREME COURT RULES WCF ASSETS NOT OWNED BY STATE: The Utah Supreme Court has declared that Workers Com-pensation Fund’s assets are owned by policyholders, not the state. The ruling in favor of WCF settles...

Writing Wineries Requires More Than Just a Tasting

Sep 19 2005 // To be successful, you must thoroughly drink in all the details. Insuring wineries may sound like a lucrative and growing business. All 50 states now produce wine, and the business has a total economic impact of $33...

Sep 19 2005 // Saylor & Hill has announced that three senior associates of the firm have been promoted to principal. Tim Sweeney, Kevin Mirsky and Chris Williams, each of whom has worked for the firm for more than a decade, will...

Lawyers Plead Guilty in Fraud Ring

Sep 19 2005 // Two attorneys pleaded guilty in connection with a Southern California insurance fraud ring that allegedly staged vehicle collisions and filed false insurance company claims, according to state officials. Curtis Mitchell...

Associations educate agents

Sep 19 2005 // As the Hispanic population surpasses 40 million with a combined purchasing power of more than $700 million, the insurance industry is keeping its eye on this ever-growing market segment. Hispanic agents and Latin agent...

Insurance Companies Pushing Colorado Mountain Residents to Firescape

Sep 19 2005 // Colorado’s average fire season has been a double-edged sword for Brett Gibson, a volunteer fire department chief in the tree-covered hills west of Boulder. He appreciates the lower threat of fires. But he is having...

HURRICANE KATRINA: The Legal Saga Begins

Sep 19 2005 // The New Orleans tragedy may spawn a wave of litigation related to flood protection and levee failures. Public statements, which may serve as a foundation for massive public safety legal claims, began Sept. 1. Based on the...

AIA Says Workers’ Comp Rate Reduction Recommendation Demonstrates Reforms are Working

Sep 16 2005 // The following statement is in response to the Workers’ Compensation Insurance Rating Bureau Governing Board’s decision to recommend that Insurance Commissioner John Garamendi (D) decrease workers’...

AIA Pleased with Results of 2005 Calif. Legislative Session

Sep 14 2005 // The California legislature adjourned sine die on Thursday, Sept. 8, 2005, and the American Insurance Association is pleased with the overall results. “When the session began in January, insurers faced numerous...

IBA West Urges CDI To Change Producer Name Regulations

Sep 14 2005 // IBA West has urged the California Department of Insurance (CDI) to make changes to potential regulations that would specify the criteria used by CDI for approving or rejecting insurance producers’ business...

AIA Urges Calif. Gov. to Veto Legislation Unraveling 2004 Comp Reforms

Sep 14 2005 // The American Insurance Association is urging Gov. Arnold Schwarzenegger (R) to veto SB 1023, authored by Senator Joe Dunn (D). This measure rolls the clock back by reinstating redundant penalties that were eliminated in...