Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
People & Places
Apr 18 2005 // Rudy Mendoza Santa Ana, Calif.-based Yates & Associates announced that Rudy Mendoza has been promoted to manager of Stockton’s commercial transportation department. Mendoza came to the Yates organization in 2001...
Are California’s Workers’ Comp Troubles Over? SB 899 One Year Later
Apr 18 2005 // It was about one year ago, on April 19, 2004, that California Governor Arnold Schwarzenegger signed SB 899 into law, giving the state’s beleaguered workers’ compensation system a tremendous overhaul. Although...
Man Arrested at Hearing Before Judge
Apr 18 2005 // While appearing in a Sacramento County courtroom for a preliminary hearing, James Chester Taylor Jr., of Quartz Hill, California, was arrested on three additional counts of felony grand theft in a different case. The Los...
Calif. Student Arrested in Fraud Case
Apr 18 2005 // Alisa Louise Yates, and her husband, Gregory Daniel Yates, both of Buttonwillow, were taken into custody as a result of investigations by the California Highway Patrol, CDI’s Fraud Division, and the Kern County...
Text of Proposed Regs on California Broker Fiduciary Duties Now Available
Apr 14 2005 // Yesterday, California Insurance Commissioner John Garamendi issued a press release briefly outlining proposed changes to his regulations regarding broker fiduciary duties (see Garamendi Unveils New Broker Disclosure...
ATRA: Big Business of California’s Lawsuit Industry Costing Golden State Jobs
Apr 14 2005 // The American Tort Reform Association (ATRA) on Thursday applauded the Manhattan Institute’s Center for Legal Policy for exposing how plaintiffs’ lawyers are reportedly driving businesses and jobs from...
California Workers’ Comp Rate Regulation Bill Moves Through Committee
Apr 13 2005 // A measure approved April 13 by the California Senate Industrial Relations Committee will create an artificial pricing scheme and send the wrong message to workers’ compensation insurers considering investing new...
PCI Backs Feinstein Consumer Protection Legislation
Apr 12 2005 // Federal lawmakers concerned with protecting consumer data from security breaches should model legislation on the provisions of an effective law on the books in California, Property Casualty Insurers Association of America...
Frazier Joins Personal Insurance Federation of California
Apr 12 2005 // The Personal Insurance Federation of California announced that Rex Frazier, former California deputy insurance commissioner for policy and research and chief of the Legislative Bureau, has joined PIFC as vice president and...
Calif. Treasurer Calls for Sweeping Reforms at AIG
Apr 12 2005 // With the alleged fraud at giant insurer American International Group (AIG) resulting in losses to the State’s pension funds of more than $400 million since Feb. 14 when it was announced that AIG had received...
Poizner to run for Calif. Insurance Commissioner
Apr 8 2005 // High-tech entrepreneur Steve Poizner, who spent $6 million of his own money in an unsuccessful bid for the state Assembly last fall, withdrew his appointment April 6 from the Public Utilities Commission and instead...
Calif. Commissioner to Address Danger Uninsured Vehicles from Mexico Pose to Calif. Motorists
Apr 8 2005 // Seeking better coordination of insurance programs so that people on California and Mexican highways are protected, Insurance Commissioner John Garamendi announced Friday he will lead a delegation to Mexico on Monday to...
AIA Reports Being Pleased with New Direction of Calif. Homeowners Bill
Apr 8 2005 // A pending measure, once thought to be bad public policy by homeowners insurers, is moving in the right direction in California, according to the American Insurance Association (AIA). “During debate in the Senate...
Former Calif. Agent, Employee Nabbed in Scam
Apr 8 2005 // A former California insurance agent and her employee were arrested for allegedly stealing and not remitting premiums to insurance companies of more than $3,000 from victims purchasing automobile insurance policies. Yvette...
Dickstein Shapiro Opens California Office
Apr 7 2005 // All of the attorneys and staff from the Los Angeles-based law firm Pasich & Kornfeld, LLP will join Dickstein Shapiro Morin & Oshinsky LLP, creating an insurance coverage practice in the country and a West Coast...
Calif. Commissioner Approves -4.2% Rate Reduction for ‘Loyal’ State Farm Auto Customers
Apr 5 2005 // Insurance Commissioner John Garamendi has approved a -4.2 percent reduction in personal auto policy rates for “loyal” State Farm customers, a savings of more than $110 million for those policyholders. The...
CRM Achieves $50 Million Mark in Calif. Premiums
Apr 4 2005 // Compensation Risk Managers of California LLC (CRM) announced its written premiums in California have surpassed the $50 million mark. A national, full service program manager and administrator for approved, self-funded...
An Underinsurance Lesson from the West Coast
Apr 4 2005 // In the aftermath of the devastating Southern California Wildfires of October 2003, claim adjusters went to work in an area where an estimated 3,631 structures were destroyed. In many cases the only remaining indication of...
CIGA EXEC. DIRECTOR TORETIRE:
Apr 4 2005 // The California Insurance Guarantee Association, an organization that pays the claims of insolvent insurance carriers, recently announced that Executive Director Lawrence Mulryan will retire after 13 years of service....
People & Places
Apr 4 2005 // Michael Moran Michael F. Moran has joined California-based wholesale broker Network E&S Insurance Brokers, LLC, as a partner and its chief operating officer. His immediate responsibility will be to establish and to...
