Latest California Headlines
All the headlines from our California Topic Page, ordered by recency.
NAMIC Opposes Calif. Commissioner’s Proposed ‘Use it and Lose it’ Regulations
Apr 21 2005 // The National Association of Mutual Insurance Companies (NAMIC) said it opposes California Insurance Commissioner John Garamendi’s proposed “Use it and Lose it” regulations. Garamendi alleged that...
21st Century Insurance Group Reports Q1 Results
Apr 20 2005 // Woodland Hills, Calif.-based 21st Century Insurance Group reported net income of $19.4 million ($0.23 per share) for the first quarter of 2005, compared to $19.8 million ($0.23 per share) for the same period in 2004. The...
AIA: SB 899 Makes a Difference to Work Comp System
Apr 20 2005 // April 19 marks the anniversary of the signing of SB 899, the third of three significant workers’ compensation reform measures enacted during the past few years by California’s elected officials. Together, these...
ACIC President Responds to California Commissioner’s Homeowners Insurance Proposal
Apr 20 2005 // Calling insurers “dead wrong” for canceling or non-renewing homeowners who file a legitimate insurance claim, California Insurance Commissioner John Garamendi announced new regulations to protect homeowners...
CA DWC Releases First Annual Report of Progress on Workers’ Comp Reforms
Apr 18 2005 // The California Division of Workers’ Compensation (DWC) has released its first annual report of progress on implementation of Senate Bill (SB) 889, the law authorizing workers’ compensation reform passed...
Calif.’s AB 925 Could Mandate Insurers to Invest in Under-served Communities
Apr 18 2005 // California Insurance Commissioner John Garamendi and Assembly member Mark Ridley-Thomas (D-Los Angeles) introduced AB 925, a new piece of legislation that would require insurers to make investments in low- and...
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...
